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Iconic Downtown Building - For Sale/Lease 318 N Chadbourne St 5,383 SF 100% Leased Retail Building San Angelo, TX 76903 $798,466 CAD ($148.33 CAD/SF)



INVESTMENT HIGHLIGHTS
- Historic Downtown Location
- Open floor plan with large windows
- Recent REmodel and code compliance
EXECUTIVE SUMMARY
This 5,383± SF landmark property, built in the early 1900s, offers the charm of a well-known historic building paired with modern updates. Featuring a large mural on the exterior brick, painted accents, and masonry block, the property stands out in the vibrant downtown area. Renovations by a respected local contractor have brought the building up to current code while preserving its character, including a new TPO roof and all new HVAC within the last 2-3 years.
The building is divided into three suites (Can be Sold or Leased Separately)—two on the ground floor and one on the second level. The upper floor is accessed via a dedicated stairwell and is equipped with a lift chair system. The first floor features an open layout with half-wall partitions, easily reconfigured, and is currently open between the two suites for flexible use. The second floor offers six private rooms/offices, a restroom, mechanical room with washer/dryer hookup, and most spaces equipped with sinks or plumbing access.
Previously utilized entirely as salon space, the property is well-suited for retail, office, bar, or restaurant use. Interior finishes include hardwood and LVT plank flooring, decorative carpet, exposed rafters, and stamped tin tile ceilings—blending historic character with functional modern design.
The building is divided into three suites (Can be Sold or Leased Separately)—two on the ground floor and one on the second level. The upper floor is accessed via a dedicated stairwell and is equipped with a lift chair system. The first floor features an open layout with half-wall partitions, easily reconfigured, and is currently open between the two suites for flexible use. The second floor offers six private rooms/offices, a restroom, mechanical room with washer/dryer hookup, and most spaces equipped with sinks or plumbing access.
Previously utilized entirely as salon space, the property is well-suited for retail, office, bar, or restaurant use. Interior finishes include hardwood and LVT plank flooring, decorative carpet, exposed rafters, and stamped tin tile ceilings—blending historic character with functional modern design.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,383 SF
Building Class
C
Year Built/Renovated
1920/2021
Price
$798,466 CAD
Price Per SF
$148.33 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.10 AC
Zoning
CBD - Central Business District
AMENITIES
- Corner Lot
- Skylights
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $233,287 CAD | |
| Land Assessment | $71,309 CAD | Total Assessment | $304,596 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$71,309 CAD
Improvements Assessment
$233,287 CAD
Total Assessment
$304,596 CAD
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Iconic Downtown Building - For Sale/Lease | 318 N Chadbourne St
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