$149,900 2974 Martin Luther King Dr San Antonio, TX

MLS: 1171263   Type: Commercial   County: Bexar   City: San Antonio   Area: 1200   Zip: 78220   Style: Commercial Improved Prop     Stories: 1   Taxes: $3,413

Mortgage $704 /mo



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6 Bay Automotive Shop or Light Manufacturing facility on Major thoroughfare. Vacant and ready for your business. To be sold in conjunction with the vacant lot immediately behind it on Sterling (MLS 1171261). Total Price for both properties = $149,900. Truck High doors can accommodate large rigs. Middle bay has drop down floor for Oil Changes or under vehicle work. In MLK Parade Corridor. Two small buried storage tanks in front. Leased thru 12/31/2017 @ $1,500/month. CAP Rate is 12! GRM is 8.3. Buy it!

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Price History

4/9/2016 Listed $169,000
2/23/2017 12% - $149,900

Available W/ Lease No
Building/center Name NA
Class Commercial Improved Prop
Proposed Terms Lease or Sale, Cash, Conventional, 1st Seller Carry, Lease Option to Buy
School District San Antonio I.S.D.
Status Active
Zoning C-2NA- CD

Interior Features

Amenities High Speed INternet
Ceiling Height 20
Living Area 4280
Stories 1
Units 1

Exterior Features

Construction Wood, Brick
Drive-In Doors 6
Flood Plain None
Lot Size .17
Rail Service No
Roof Composition
Total Parking 6

Property Schools

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Gallery (25 photos)

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Property vs Zip Code Avg (78220)

Price 149K Avg 204K

Sqr Feet 4,280 Avg 3,739

Cost / Sqr Ft $35 Avg $55

Taxes $3,413 Avg $3,474

Acres 0.17 Avg 0.2

Visits 4 Avg 30

Days on Site 383 Avg 317

Walkscore® 60 Avg 46

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Listing Provided Courtesy Of: Maynard Stephens at Keller Williams City-View

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Location & Address

eXp Realty San Antonio

San Antonio, TX