7201 Somerset RdSan Antonio, TX 78211

Property Details for 7201 Somerset Rd

Property size (Sq ft)

12,628 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional investment opportunity presents a 10-unit, 12,628-square-foot retail center ideally situated near Southwest General Hospital in San Antonio, Texas. Currently boasting 100% occupancy as of March 28, 2023, the property generates a monthly income exceeding $10,000. The center comprises six commercial spaces and four upstairs residential apartments, offering a diverse revenue stream. An anchor dental office contributes significantly to the current occupancy. While some repairs are needed, the strong tenancy and high occupancy rate make this a compelling investment. The property sits on a substantial 28,092-square-foot lot, zoned C2, providing ample space and development potential. The two-story building features a desirable upstairs apartment. The owner currently occupies two spaces at a reduced rate, presenting an opportunity for increased income under new ownership. This multi-tenant shopping center presents a rare chance to acquire a well-located, income-producing asset in a thriving San Antonio neighborhood. The property's APN is 112560011210. This is an owner/user investment opportunity.

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.3548

Longitude

-98.5514

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