For Sale Commercial MLS# ACT5774654

101 E Hopkins St

San Marcos, TX 78666

$2,500,000

About 101 E Hopkins St

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.

Property details

Property

Type
Retail
MLS type
Commercial Sale
Status
Active
Year built
1905
Lot
0.2076 AC / 9,043 SF
Original price
$3,000,000
MLS #
5774654

Exterior & lot

Foundation
Slab
Parking
Common

Utilities

Water
Public
Sewer
Public Sewer

Financial

Annual tax
$14,617
Tax year
2024
Parcel
1175002000008023
Legal
ORIGINAL TOWN OF SAN MARCOS, BLOCK 20, LOT W 3/4 OF 8, ACRES 0.2076
Special conditions
Standard

Location

Subdivision
Original Town Of San Marcos
County
Hays
Directions
Downtown San Marcos on the Square. At the hard corner of E Hopkins and S Guadalupe St

Location

Neighborhood
Original Town Of San Marcos

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Listed by Andrew Phillips, Andrew Phillips, Broker

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.