Your chance to own an iconic part of Alamo Heights! First time available since the 1950s, your chance to purchase an entire corner at 5050 Broadway. Sale includes three properties: 5050 Broadway, freestanding 5054 Broadway, and adjoining lot at 102 Barilla. 5050 Broadway currently has a long operating restaurant tenant, however, with no lease in place they are month to month. Buyer to negotiate future lease terms with tenant, in the event continued tenancy is desired. Tenant currently occupies entire lower level of 5050. Tenant's personal property/kitchen equipment/fixtures would not convey with the property. Upper level of 5050 Broadway is framed for potential offices, but would provide a great space for open concept offices or creative spaces. 5054 Broadway formerly housed a pizza shop, and would be perfect for very small office or retail location. 102 Barilla has been discussed by sellers and city as additional parking for the two buildings. Buyer would need to do due diligence regarding potential usages with City of Alamo Heights.
Courtesy of Black Label Re Advisors, Llc
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