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Jose Chaidez

josechdz@gmail.com +1(512) 755-6568

$2,500,000

Est. payment - /mo

17,584 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 17,584 sqft

Price per Sqft $142

Subdivision Original Town Of San Marcos

MLS Listing ID 5774654

Year Built 1905

Annual Tax Amount $14,617

Tax Year 2024

Lot Size 9,043 Sqft

Acres 0.2076

Property Sub-Type Retail

Source actris

Property Description

PRIME HISTORIC CORNER PROPERTY - DOWNTOWN SAN MARCOS TOWN SQUARE Commanding the premium hard corner of E Hopkins and S Guadalupe Streets in the heart of San Marcos' thriving downtown business district, this 1905 two-story historic brick building offers 17,584 square feet of space on a 9,043 square foot corner lot with direct town square frontage in the Historic District. The property benefits from T-5 zoning allowing flexible mixed-use development and sits within the Central Business Area (CBA), providing relaxed regulations on parking, signage, and on-premise alcohol consumption—ideal advantages for diverse business concepts. As part of the Main Street Program, Texas's oldest accredited program since 1986, the property qualifies for potential historic tax credits and development support. This rare corner property represents an exceptional investment opportunity in one of downtown's most sought-after locations. With a rich history as offices, apartments, and a department store, the building offers flexible redevelopment options for retail, office, residential, hospitality, or entertainment uses, with the second floor ready for transformation. Properties of this caliber and location rarely come to market. Positioned in one of the fastest-growing areas along the I-35 corridor, the property sits within walking distance of restaurants, shops, and entertainment venues. Texas State University's proximity drives consistent demand, while established foot traffic and year-round community events ensure steady activity. This landmark property offers a once-in-a-generation opportunity to shape downtown San Marcos's future while honoring its rich history.

Location

State TX

County Hays

Area Hs

Zoning T-5 zoning for flexible

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplace N

Exterior

Utilities Available See Remarks

Accessibility See Remarks

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Restrictions City Restrictions,Zoning

Acceptable Financing See Remarks, Cash, Conventional, SBA

Tax Rate 1.97

Listing Terms See Remarks, Cash, Conventional, SBA

Special Listing Condition Standard

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Listed by Andrew Phillips, Broker • Andrew Phillips

NEARBY SCHOOL & BUSINESS

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Jose Chaidez

+1(512) 755-6568

Agent | License ID: 0731350

Agent License ID: 0731350

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101 E Hopkins ST San Marcos, TX 78666

Jose Chaidez

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION