101 E Hopkins St - Retail FOR SALE


San Marcos, TX 78666- Downtown San Marcos
$3,000,000 USD
830-237-5356
101 E Hopkins St, San Marcos, TX for Sale
$3,000,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

101 E Hopkins St
San Marcos, TX 78666
Downtown San Marcos


HIGHLIGHTS

  • Corner Lot on the Square Downtown San Marcos
  • Historical District

OVERVIEW

PRIME HISTORIC INVESTMENT OPPORTUNITY: Commanding the prestigious hard corner of E Hopkins and S Guadalupe Streets, this 1905 brick landmark anchors the heart of San Marcos' vibrant town square. With 17,584 square feet of building space on a 9,043 square foot corner lot, this two-story property represents one of the most significant redevelopment opportunities in the entire I-35 corridor. UNMATCHED LOCATION & DEVELOPMENT ADVANTAGES: Positioned directly on the sought-after town square, this T-5 zoned property sits within the Central Business Area (CBA), offering exceptional development flexibility with relaxed regulations on parking, signage, and on-premise alcohol consumption—critical advantages for retail, restaurant, and entertainment concepts. Currently generating income with ground-floor tenants, the property offers immediate cash flow while you plan your vision. MAIN STREET PROGRAM DESIGNATION: As part of the San Marcos Main Street Program—one of Texas's oldest continuously accredited programs since 1986 and nationally recognized since 1999—this property benefits from the city's commitment to downtown revitalization. This designation connects you with resources, community support, and a proven framework for successful historic preservation and economic development. ENDLESS POSSIBILITIES: Originally serving as offices, apartments, and a department store, this building's generous footprint and two-story configuration provide endless possibilities. The classic brick facade and architectural details speak to over a century of commerce and community, waiting to be restored to prominence as downtown San Marcos continues its remarkable transformation. A RARE STEWARDSHIP OPPORTUNITY: This isn't just a property—it's a chance to shape the future of downtown San Marcos while honoring its past. As the town square pulses with new developments and established anchors driving unprecedented foot traffic, this corner location stands ready for a visionary buyer who appreciates both historic preservation and modern opportunity. The second floor awaits transformation, offering a blank canvas for creative redevelopment. While restoration will require dedication and vision, the rewards—both financial and civic—promise to be extraordinary. Properties like this—with this location, this history, and this potential—simply don't come to market often. Be the steward who writes the next chapter in one of Texas's most dynamic downtown districts. For qualified buyers ready to embrace this exceptional opportunity, contact us today for a private showing. Historic District designation applies. Buyer to verify all uses and conduct due diligence regarding restoration requirements and Main Street Program guidelines.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

101 - 105 E Hopkins St

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,043 SF

ZONING

T5

APN/PARCEL ID

R41630

ASK ABOUT THIS PROPERTY

Andrew PhillipsSRE CommercialMore Info
830-237-5356

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Andrew PhillipsSRE CommercialMore Info
830-237-5356

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.