715 W Hopkins St - Day Care Center FOR SALE


San Marcos, TX 78666
$1,750,000 USD
715 W Hopkins St, San Marcos, TX for Sale
$1,750,000 USD
Day Care Center - FOR SALE
1/28
null | Request Cap Rate

715 W Hopkins St
San Marcos, TX 78666


HIGHLIGHTS

  • Strong Demand - SMTX embodies a steady influx of students & faculty and a lively environment
  • Upside Potential - The growing market and proximity to Texas State University present opportunities to increase rents and/or improve cash flow
  • Downtown San Marcos - The property is within walking distance of downtown San Marcos, offering easy access to local eateries, shopping & nightlife
  • Growing Market - San Marcos is part of the rapidly expanding Austin-SanAntonio corridor, one of the fastest-growing regions in Texas
  • Updates - 5 brand new HVAC systems and Suites 102-105 completely renovated

OVERVIEW

ZONED MIXED USE. This versatile commercial property, on almost an acre, offers exceptional potential for a variety of business uses. Previously home to both a dental office and a daycare, the space is zoned for mixed-use intended to "provide for a mixture of retail, office and residential uses in close proximity to enable people to live, work and purchase necessities in a single location." Applicable uses include but are not limited to: loft apartments, restaurant, grocery store, medical, office, professional, retail, assisted living facility, B&B, SF Townhouse, art studio, day spa, community store and more! (Per Land Use Matrix Section 9.3.1.2). This mid-century styled building offers a white-boxed interior which provides a blank canvas for your business vision. Whether you're looking to establish a storefront, office, or another commercial endeavor, this property’s flexible layout and prominent location on Hopkins Street offer a high-traffic presence with plenty of opportunities for growth. Building 1 (3,362 square feet) + Building 2 (1452 square feet). Building 2 is currently leased and cash flowing. Suites 101 - 105 are currently listing for Lease (NNN).

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$364 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hopkins Street Mixed Use

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

Mixed-Use

APN/PARCEL ID

R27370

ASK ABOUT THIS PROPERTY

Monica Malorgio Katzmcnabb & co real estate servicesMore Info

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Monica Malorgio Katzmcnabb & co real estate servicesMore Info

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