Austin firm buys Southtown Vinyl retail strip on South St. Mary's Street

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Austin firm buys Southtown Vinyl retail strip on South St. Mary's Street
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Tommy Newman, the owner of Southtown Vinyl, said that there are no plans to move the shop. It has been in the strip since 2021.

A 0.46-acre plot of land on South St. Mary's Street home to two retail buildings, including the home of Southtown Vinyl record shop, has been sold to an Austin firm.The Austin firm Ironwood Real Estate has made its second major purchase in Southtown over the last year, buying two buildings on South St. Mary’s Street, including a 1920s-era office building and the retail strip that’s home to the Southtown Vinyl record shop.

Ironwood bought that building, known as Southtown Junction, from GrayStreet Partners, which had completed a painstaking renovation in 2017. The building formerly served as the Texas Highway Patrol Museum.Apart from Ironwood, several other out-of-town firms have invested in the area just south of downtown in recent years. The Austin developer OHT Partners unveiled plans last year to build a 310-unit, four-story apartment building at 400 Probandt St., across the railroad from The Flats at Big Tex.

In summer 2021, an entity linked with Braun Enterprises, a Houston real estate and development firm, bought the 2,600-square-foot, 0.22-acre property at 620 S. Presa St. that formerly served as the Señor Veggie vegetarian restaurant — another Southtown business that has lately closed. The Southtown Vinyl retail strip, at 1112 S. St. Mary’s, dates to the 1940s and includes about 2,880 square feet of space, according to the Bexar Appraisal District. Tommy Newman, the owner of Southtown Vinyl, said in an email that there are no plans to move the shop. It has been in the strip since 2021 after being founded in 2016 in retail space in The 1010 South Flores Apartments, he said.

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