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322 Cheatham St
San Marcos, TX 78666
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
1,880 SF
Building Class
B
Year Built/Renovated
1985/2015
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.18 AC
Zoning
Mixed Used - Mixed Used Commercial (Developing Area).
Parking
16 Spaces (8.51 Spaces per 1,000 SF Leased)
Frontage
62’ on Cheatham Street

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Tenant Controlled HVAC
  • Recessed Lighting
  • Air Conditioning

About 322 CHEATHAM ST , SAN MARCOS, TX 78666

Real Estate and Successful Wine Bar Business of 3.5yrs - Appraised at $965,000. • Additional 4 professional office spaces for rental income or wine bar expansion. • High-growth area with many incoming residents. • Complete renovation of the entire property in 2015. • Garden Patio with 2nd level Deck & Additional Outdoor Bar. • One of a kind artistic bar-top made from a local pecan tree slab with the San Marcos River hand engraved & inlayed with turquoise & jade stones. • Private Parking Lot. • Added to "Downtown Association Businesses" in 2018. • Excellent Online Customer Reviews. All New… • Engineered concrete slab foundation with transferable warranty. • All plumbing in the building and to the street (all water and sewer lines) to current commercial code. • All high-end plumbing fixtures, water softening system, natural gas tank-less water heater • All commercial electrical throughout the building. • Structural Steel added to engineers specs for the open interior space of the wine bar. • Stucco exterior. • 40 year standing seam metal roof. • Wood deck constructed from over-sized timber and stainless cable railing and architectural stairs. • Architectural cedar fence. • Asphalt parking lot. • 75+ LED low voltage lighting system throughout the property, patio, building and parking lot. • 4-Zone Drip Irrigation System. • Advanced Mitsubishi Mini-split HVAC system (8 units that all control individual environments) for warmer restrooms, cooler wine storage areas and dehumidifying the kitchen/high temp dishwasher. • Insulation in walls and attic space. • High volume solar-powered attic fan, tinted windows, solar-screens. • All interior hardwood doors. • HD night vision camera system and Bose surround sound inside & patio (all wiring hidden during remodel). • One of a kind custom made bar-tops and tables, hand carved pecan slab and inlayed with turquoise & Jade in the exact layout of the San Marcos River. Location Highlights: • Three new Condo/Apt complexes being built within walking distance (see development info). • 500 feet from heavily tourist attracted park (Rio Vista Park) on the San Marcos River. • Less than 1 mile from TX State University (38K students + 1700 faculty). Business Description: Wine Bar Sale Includes: • TABC License. • $45K in Furniture, Fixtures & Equipment. • $15K in Inventory. • Website (new in 2018). • All Food & Drink Recipes. Support & Training: • Low maintenance business with minimal owner involvement needed. • No experience needed. Owner will provide full training to new owner. • Well Trained Staff. • Operation Manual & All Work Flow Materials. Growth / Expansion: Opportunity for expansion with additional space or business hours to include coffee, brunch, lunch, dinner menu and as a wedding venue. The Central Texas "Hill Country" is visited by more and more tourists and wine enthusiasts every year. Opportunity for expansion with additional locations. Market: Only Wine Bar in the City. The Central Texas "Hill Country" has become the Wine Region of Texas. Wine Bar Location: Nationally Ranked as "Fastest Growing City in US" three years in a row. • One of ten Most Beautiful Cities in the Country by Travel + Leisure Magazine. • Top 4 “Charming” College Town by Better Homes and Gardens Magazine. • One of the top ten cities in America for raising kids by BusinessWeek.

Property Taxes

Property Taxes

Parcel Number
R40099
Land Assessment
$43,800
Improvements Assessment
$426,200
Total Assessment
$470,000
  • Listing ID: 13129340

  • Date on Market: 7/11/2018

  • Last Updated:

  • Address: 322 Cheatham St, San Marcos, TX 78666

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