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Harper's Hall 139 E Hopkins St 13,152 SF 100% Leased Retail Building San Marcos, TX 78666 $3,900,000 ($296.53/SF)
Investment Highlights
- Irreplaceable Location
- Multiple Revenue Opportunities San Marcos
- Landmark Property
- Historic Incentive Potential
Executive Summary
Located directly on the historic downtown square, 139 E. Hopkins Street—known as Harper’s Hall—is a landmark mixed-use commercial property offering approximately 13,102 square feet across multiple levels, including a distinctive rooftop patio overlooking the heart of San Marcos. Built circa 1873 and positioned just two blocks from Texas State University, the property combines irreplaceable historic character with exceptional visibility, walkability and access to downtown’s thriving dining, retail and entertainment district. Its flexible bar, restaurant and office configuration presents a compelling opportunity for continued operation, repositioning or thoughtful redevelopment, with the potential for valuable state and federal historic rehabilitation tax incentives, subject to buyer verification and project approval. Building is currently operating with 3 bars utilizing 84% of the building. The remaining 16% is configured as office space and can be minimally remolded to remain as office space or converted into a 4th bar, dining, or any concept a new owner may have.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,152 SF
Building Class
C
Year Built
1873
Price
$3,900,000
Price Per SF
$296.53
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.32
Lot Size
0.13 AC
Zoning
SM Central Business Dist - The property is commercially zoned, supporting its continued use as a restaurant, bar, entertainment venue, retail establishment, office or other
Parking
1 Spaces (0.08 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R41624 | Improvements Assessment | $856,450 |
| Land Assessment | $230,100 | Total Assessment | $1,086,550 |
Property Taxes
Parcel Number
R41624
Land Assessment
$230,100
Improvements Assessment
$856,450
Total Assessment
$1,086,550
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Contact the Sale Advisor
Harper's Hall | 139 E Hopkins St