Homes for sale - 455 Oaks, San Angelo, TX 76903

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Lizzeth Lopez

lizzeth.carreon@lptrealty.com +1(210) 848-7723

$1,200,000

Est. payment - /mo

23,704 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Active

Purchase Type For Sale

Square Footage 23,704 sqft

Price per Sqft $50

MLS Listing ID 1873873

Construction Status Brick,Stucco,Block

Year Built 1960

Annual Tax Amount $4,269

Property Sub-Type Commercial Improved Prop

Property Description

Located in San Angelo's dynamic and growing downtown, 455 S Oakes St presents a rare investment opportunity combining size, historical character, favorable zoning, and economic incentives. Originally constructed in 1960, this former Foremost Milk Ice Cream processing facility retains its unique industrial charm and offers exceptional redevelopment potential. The property spans 0.544 acres and includes a two-story building totaling 12,629 sq ft. The first floor (approx. 11,014 sq ft) contains 10 rooms, ideal for office, creative, or flexible commercial uses. The second floor (1,615 sq ft) includes 7 additional rooms, well-suited for boutique workspaces, studios, or executive suites. Architectural elements such as stainless steel high ceilings, tile/concrete walls and floors, and metal vaults underscore the building's historic utility and lend themselves to innovative design adaptation. Zoned OW (Office-Warehouse) District, the property permits a wide variety of uses including office-warehouse integrations, small-scale wholesale, self-storage, screened outdoor storage, and mobile food units, greatly expanding its commercial viability. Zoning details Further enhancing its appeal, the property is located within the Cultural District Overlay, promoting development aligned with arts, dining, entertainment, and tourism. Projects compatible with this overlay benefit from increased design flexibility and streamlined development support. More info This site also lies in a Tax Increment Reinvestment Zone (TIRZ), unlocking potential financial incentives for eligible redevelopment. Projects may also qualify for support under the South Incentives Policy, which provides additional economic benefits for revitalization efforts. TIRZ info | South Incentives The location is unmatched-surrounded by the San Angelo Museum of Fine Arts, Concho River Walk, RiverStage Outdoor Pavilion, Fort Concho Historical Site, Old Town San Angelo, and the Farmers Market. The area hosts major cultural events including the annual July 4th Pops Concert, drawing over 20,000 attendees, along with seasonal festivals and markets. San Angelo continues to thrive as a cultural and economic hub, supported by Goodfellow Air Force Base, Angelo State University, Shannon Medical Center, and ample recreational opportunities at nearby lakes and parks. With a vision for adaptive reuse, this property could mirror the success of developments like San Antonio's Pearl District, Blue Star Arts Complex, Austin's Fairground Food Hall, or Dallas' West Village. Whether you're envisioning creative workspaces, a destination food and retail hub, self-storage with a cultural twist, or a unique live/work development, 455 S Oakes St offers the zoning, incentives, and character to make it happen.

Location

State TX

County Tom Green

Area 3100

Zoning OW (OFFICE-WAREHOUSE DIST

Direction S

Interior

Heating None

Cooling None

Exterior

Garage Spaces 10.0

Utilities Available Electricity, Water, Sewer

Amenities Available Inside Storage, Outside Storage, Controlled Access

Roof Type Heavy Composition

Building

Story 2

Foundation Slab

Level or Stories 2

Construction Status Brick,Stucco,Block

Schools

School District San Angelo Isd

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Listed by Ryan Zapata • Navigate TX • (210) 444-0700

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(210) 848-7723

lizzeth.carreon@lptrealty.com

Colonnade Blvd, San Antonio, TX, 78230, USA

455 Oaks San Angelo, TX 76903