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- LoopNet Team
322 Cheatham St
San Marcos, TX 78666
Retail Property For Sale
Investment Highlights
- 17 additional parking spaces & bike lanes complete in front of property (City project for pedestrian/biking - See attached Guadalupe Improvements).
- 500ft from heavily tourist attracted park (Rio Vista Park) on the San Marcos River. (see attached parks plan).
- Established as part of the "Downtown Association" in 2018 with continued urban development near the property.
- Several new condo/apt complexes currently under construction within walking distance (see attached development map).
- Blocks from downtown and less than 1 mile from Texas State University (38K students + 1700 faculty).
- TABC License approved and attached to the property.
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
- Tenant Controlled HVAC
- Recessed Lighting
- Air Conditioning
About 322 CHEATHAM ST , SAN MARCOS, TX 78666
3,040sqft total leased space: 2,000sqft Interior, 800sqft Patio & 240sqft Upstairs Deck. 1st Floor: wine bar restaurant, wine storage, kitchen, two restrooms, mop closet and garden patio (1,000sqft interior, 800sqft patio & 240sqft upstairs deck: Leased by a successful & established wine bar of 5 years). 2nd Floor: four professional offices and one restroom (1,000sqft interior: Leased by an established medical business of 13 years). *Complete renovation of the entire property in 2015 with: New concrete slab foundation with transferable warranty, New structural steel added for the open interior space of the wine bar, All new plumbing in the building and to the street (all new water and sewer lines) to current commercial codes, All new fixtures, water softening system, tank-less water heater, All new electrical throughout the building, New stucco exterior, 40yr standing seam metal roof, New stainless cable railing and architectural steel staircase, New Mitsubishi mini-split hvac system, All new interior hardwood doors, New stained cedar fence and New asphalt parking lot.
Property Taxes
| Parcel Number | R40099 | Improvements Assessment | $426,200 |
| Land Assessment | $43,800 | Total Assessment | $470,000 |
Property Taxes
