Prime Downtown San Angelo Commercial Investment Opportunity with 1.38 Acres. Positioned in the heart of Downtown San Angelo's established Concho Avenue commercial and retail district, this unique property offers an exceptional combination of historic character, strategic location, substantial land, parking, and significant capital improvements. Originally constructed in the 1920s and remodeled in 2011-2012, the property encompasses approximately 1.38 acres, providing valuable land and flexibility in one of San Angelo's most desirable downtown locations. The property benefits from its proximity to the Concho River, downtown walking trail, established retailers, restaurants, and other popular businesses, creating strong exposure and convenient access for customers, employees, and potential tenants. An abundance of paved parking is a significant asset for a downtown commercial property and adds to the property's overall functionality and investment appeal. The existing building offers a versatile layout with large storefront windows, high ceilings, spacious retail/showroom areas, warehouse space and storage space, with 5 successful tenants currently in place, including a restaurant and 1 retail vacant space. For an investor, owner-user, or commercial operator, the property presents an opportunity to acquire a substantial downtown footprint with existing infrastructure and meaningful improvements, while benefiting from the continued activity and established traffic of the Concho Avenue district. The combination of land, parking, current tenants, building improvements, and location provides flexibility for a variety of current and future commercial strategies. Major property improvements include: New TPO roof installed in 2021, 2 new rooftop HVAC units, full-building sprinkler system installed in 2011-2012, entire parking lot paved in 2011-2012. A rare opportunity to secure a large, improved commercial property in the heart of Downtown San Angelo.