101 E Hopkins St, San Marcos, TX 78666

$2,500,000

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List Price
$2,500,000
Status
ACTIVE
Days on Market
332
Price Change
▼ $500,000 1783974082
MLS#
5774654
Subtype
Commercial Sale
Year Built
1905
Lot Size
9,043
Acres
0.21
Subdivision
Original Town Of San Marcos
Neighborhood
Original Town Of San Marcos
MLS Area Major
Comal/Guadalupe/Gonzales, Kyle/Buda/San Marcos

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.

Additional Information

Taxes
$14,617
Zoning
T-5 zoning for flexible
Heating
See Remarks
Air Conditioning
See Remarks
Exterior Construction
Brick

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Calculator source: Real Geeks

Listing courtesy of Andrew Phillips, Broker. Contact: (830) 237-5356

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