Historic Broadway property hits the market for first time since 1950s

It’s unclear whether The Broadway 50 50 will remain open with the future new ownership

The Broadway 50 50 (Copyright 2024 by Google Maps - All rights reserved.)

SAN ANTONIO – The property of a restaurant and bar on Broadway Street is up for sale after over 90 years of being owned by the same family.

Amber Montanio, the broker for the property, confirmed the listing to KSAT on Monday.

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The property, located near the University of Incarnate Word, was home to the first Broadway Bank in San Antonio.

A burger and cocktail restaurant called ‘The Broadway 50 50′ now occupies the property.

“After over 90 years and multiple generations of ownership, the Montanio family has made the decision to sell their iconic corner of Alamo Heights. The Montanio family looks fondly at the mark their family has made on Alamo Heights and looks forward to seeing what future legacies will be built under new ownership,” said Montanio.

According to the listing on RealAgentsOnDuty.com, this is the first time the property has been available to purchase since the 1950s.

The sale lists three different properties, including 5050 Broadway, 5054 Broadway and an adjoining lot at 102 Barilla.

It’s unclear whether The Broadway 50 50 will remain open with the future new ownership.

About the Author

Spencer Heath is a Digital Journalist at KSAT. Spencer graduated from the University of Texas at Austin, where he studied Radio-Television-Film. He’s worked as a journalist in San Antonio since June of 2022. Outside the newsroom, he enjoys watching movies and spending time with family.

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