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$ 625,000
Est. payment | /mo
0.46 Acres Lot
$ 625,000
Est. payment | /mo
0.46 Acres Lot
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Katy Add
MLS Listing ID 2156869
Annual Tax Amount $2,405
Tax Year 2025
Lot Size 0.456 Acres
Acres 0.456
Property Sub-Type Multi Family
Source actris
Property Description
Two lots sold together. Seller Financing Available. In the heart of San Marcos' emerging South Square District, 209 & 215 Cheatham Street offer a rare opportunity to develop a high-visibility commercial site surrounded by culture, community, and growth.
Just steps from the San Marcos River, this walkable location sits amid a thriving local business scene and is only blocks from Texas State University and the Downtown Square. With easy access to Highway 123 and I-35, it's perfectly positioned for future development at the intersection of small-town charm and downtown energy.
Both Lots Combined ~0.65 acres
Zoned CD-5D (Downtown Character District)
City water, wastewater & electric available
Private road, curb cuts, and storm-drain infrastructure in place
Flat topography, partially wooded, ready for development
Recent survey available
Seller financing available
Development Potential:
CD-5D zoning allows a wide mix of uses that fit the walkable, urban core character of South Square:
Multi-Family or Courtyard Housing (up to 24 units)
Restaurant / Bar / Retail concepts
Mixed-Use residential over commercial
Boutique Hotel or Short-Term Rental Hub
Creative Office or Studio Space
Located in a close knit community of local businesses in a district coming alive with music, food, and energy. With the San Marcos River just down the street and 123 and I-35 blocks away, South Square is San Marcos' next development opportunity.
Just steps from the San Marcos River, this walkable location sits amid a thriving local business scene and is only blocks from Texas State University and the Downtown Square. With easy access to Highway 123 and I-35, it's perfectly positioned for future development at the intersection of small-town charm and downtown energy.
Both Lots Combined ~0.65 acres
Zoned CD-5D (Downtown Character District)
City water, wastewater & electric available
Private road, curb cuts, and storm-drain infrastructure in place
Flat topography, partially wooded, ready for development
Recent survey available
Seller financing available
Development Potential:
CD-5D zoning allows a wide mix of uses that fit the walkable, urban core character of South Square:
Multi-Family or Courtyard Housing (up to 24 units)
Restaurant / Bar / Retail concepts
Mixed-Use residential over commercial
Boutique Hotel or Short-Term Rental Hub
Creative Office or Studio Space
Located in a close knit community of local businesses in a district coming alive with music, food, and energy. With the San Marcos River just down the street and 123 and I-35 blocks away, South Square is San Marcos' next development opportunity.
Location
State TX
County Hays
Zoning CD-5D
Interior
Heating None
Cooling None
Flooring See Remarks
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available
Building
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Others
Special Listing Condition Standard
Listed by Kelly Right Real Estate of Tex
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