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101 S San Marcos 2,496 SF Retail Building Dripping Springs, TX 78620 $2,000,000 ($801.28/SF)
Investment Highlights
- Corner lot location in Downtown Dripping Springs Historic District.
- Strong pedestrian access within an established destination corridor.
- Public utilities installed, including water, sewer, and power.
- Flexibility for retail, office, or restaurant conversion.
- Close to major highways, providing regional connectivity.
Executive Summary
This property presents a unique investment or owner-user opportunity in the heart of Dripping Springs’ Historic District. Situated on a 0.34-acre corner lot along S San Marcos Street, the site offers approximately 3,628 square feet of flexible retail and warehouse improvements. The location provides outstanding walkability and visibility, anchored in one of Texas' fastest-growing communities.
The property is positioned for multiple uses, including restaurant, retail, or office, making it adaptable for businesses aiming to leverage the thriving Hill Country market. With zoning in place (CS), public utilities connected, and proximity to the vibrant Mercer Street corridor, this asset delivers future upside potential through redevelopment or continued use. Investors benefit from strong area growth dynamics, commercial expansion, and a steady influx of residents and visitors drawn to the region’s established retail and entertainment amenities.
The property is positioned for multiple uses, including restaurant, retail, or office, making it adaptable for businesses aiming to leverage the thriving Hill Country market. With zoning in place (CS), public utilities connected, and proximity to the vibrant Mercer Street corridor, this asset delivers future upside potential through redevelopment or continued use. Investors benefit from strong area growth dynamics, commercial expansion, and a steady influx of residents and visitors drawn to the region’s established retail and entertainment amenities.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,496 SF
Building Class
C
Year Built
1964
Price
$2,000,000
Price Per SF
$801.28
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.34 AC
Zoning
CS - CS in Historical District
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R26698 | Improvements Assessment | $65,080 |
| Land Assessment | $206,830 | Total Assessment | $271,910 |
Property Taxes
Parcel Number
R26698
Land Assessment
$206,830
Improvements Assessment
$65,080
Total Assessment
$271,910
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101 S San Marcos