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Harper's Hall 139 E Hopkins St 13,152 SF 84% Leased Retail Building San Marcos, TX 78666 $5,465,694 CAD ($415.58 CAD/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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
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
$5,465,694 CAD
Price Per SF
$415.58 CAD
Percent Leased
84%
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 | Total Assessment | $1,522,311 CAD |
| Land Assessment | $322,382 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,199,929 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
R41624
Land Assessment
$322,382 CAD
Improvements Assessment
$1,199,929 CAD
Total Assessment
$1,522,311 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Harper's Hall | 139 E Hopkins St
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