354 Southcross BlvdSan Antonio, TX 78214

This exceptional mixed-use property, the Harlandale Building, presents a compelling investment opportunity in San Antonio, Texas. Located at 354 E Southcross, 78214, this 15,500 square foot building sits on a 27,804 square foot lot and boasts a desirable C-3 zoning. Constructed in 1940, the building underwent extensive renovations in 2001 and further updates in 2021. The two-story structure comprises 15 versatile rental units, including medical office space, retail space, and residential units. Currently operating at 98% occupancy, the property generates a strong net operating income (NOI) of $179,272, representing a 6.40% cap rate on the $2,800,000 asking price. The price per square foot is $180.65. The building benefits from a high-traffic location with over 10,000 vehicles per day passing by. While the current owner occupies anchor space, they are flexible regarding occupancy by a new owner. Rental rates are currently slightly below market, offering significant potential for increased revenue. This corner property presents a rare opportunity to acquire a stabilized, mixed-use asset with immediate cash flow and substantial upside potential in a thriving San Antonio location.