Office for Sale in San Antonio, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: San Antonio, TX 78205

Description

The Merchants Ice Building offers an extraordinary opportunity to lease prestigious office space in a celebrated piece of San Antonio’s history. Once the Merchants Ice & Cold Storage Company warehouse, this iconic structure has been thoughtfully revitalized into a cutting-edge office building, carefully honoring its architectural legacy. Situated just moments from downtown San Antonio in the vibrant East Side Innovation District, the Merchants Ice Building is the proud home of TransPecos Banks, SSB and its affiliates. The Bank is pleased to offer a limited selection of office spaces within this unique campus. Tenants will benefit from expansive green spaces and welcoming outdoor seating areas, ideal for collaborative sessions and restorative breaks. The building’s design harmoniously marries the best of both worlds, showcasing an abundance of glass for natural light and a sleek modern feel, while the distinctive red-washed brick exterior evokes its industrial past. The redevelopment features the finest finishes throughout, ensuring a sophisticated and highly productive work environment. The Merchants Ice Building delivers an exceptional office experience, where historical significance meets refined luxury

Market Context

This office in San Antonio, TX is listed for sale. It has been on the market for 93 days. Compare it against other office listings for sale in San Antonio, TX — <a href="/search/sale/office/texas/san-antonio">view the full market</a>.

As of Q1 2026, the San Antonio office market showed average asking rents near $28.80/SF/yr, and cap rates around 7.0%. Source: Consensus Q1 2026 market report.

Office market FAQ

What is the typical cap rate for office in San Antonio?
About 7.0% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$16.92/SF – $19.91/SF

Mid: $19.91/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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