THE HUGO

A Rare Opportunity: The Hugo, San Antonio – Historically Significant, Architecturally Iconic 

Standing at the crossroads of San Antonio’s past and future, The Hugo at 1226 E. Houston St. is a one-of-a-kind historic treasure with 37,000 ± SF of space across three stories, offering limitless potential for hospitality, multifamily, corporate headquarters, or high-end residential development. Built in 1907 for the Hugo & Schmeltzer Company, this architecturally distinct brick and timber warehouse, zoned D (Downtown District), embodies the city’s rich commercial heritage. Strategically positioned near the Alamodome, The ESPEE, the Convention Center, the Riverwalk, and Downtown San Antonio, The Hugo is a prime opportunity for a visionary transformation in the heart of the city’s evolving Innovation Zone.

A Location Poised for Innovation & Growth

Directly across from VelocityTX, a pioneering force in San Antonio’s Innovation Zone, this property is at the heart of a fast-growing economic hub. VelocityTX is transforming the area into a center for biotech, medical research, and entrepreneurial innovation, backed by major public-private partnerships with the City of San Antonio. Their development initiatives are bringing high-paying jobs, research facilities, and cutting-edge technology firms, creating an ecosystem that will drive demand for upscale residential and hospitality spaces.

A Nationally Recognized Historic Landmark

The Hugo is eligible for the National Register of Historic Places under Criterion A (Commerce) and Criterion C (Architecture). This designation unlocks potential historic tax credits and other financial incentives for adaptive reuse, making it a compelling opportunity for developers looking to create a signature project with historic character.

A Storied Past, A Bold Future

This 1.7 ± acre site (including .93 ± acres of on-site parking and an additional .77 ± acre parcel across the street) was once home to San Antonio’s premier wholesale business, a Lucchese Boot factory, and the beloved Spaghetti Warehouse restaurant. With massive open floor plans, original wood floors, exposed brick, and historic windows, the building is primed for a visionary residential, boutique hotel, or mixed-use transformation.

Why Invest?

Premier Location: Steps from downtown San Antonio, The ESPEE, VelocityTX,  The Alamodome, SA Convention Center, The River Walk & The Pearl District.

Growth & Development: Surrounded by new investments in medical, tech, and entertainment industries.

Historic Tax Credits: Potential incentives for developers who restore and preserve the building.

Architectural Integrity: A stunning example of early 20th-century warehouse architecture ready for a contemporary reimagination.

With San Antonio’s East Side evolving into a dynamic urban center, The Hugo is more than a property—it’s a legacy asset in the making. Seize the opportunity to write the next chapter in San Antonio’s history by transforming this iconic landmark into a modern destination.