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$ 2,500,000
Est. payment | /mo
17,584 SqFt
$ 2,500,000
Est. payment | /mo
17,584 SqFt
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
Zoning T-5 zoning for flexible
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Fireplace No
Exterior
Utilities Available See Remarks
Private Pool No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Special Listing Condition Standard
Listed by Andrew Phillips, Broker
Nearby Locations
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John Underwood
REALTOR® Lic# 811076