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215 N Comanche St 1,728 SF Retail Building San Marcos, TX 78666 $826,134 CAD ($478.09 CAD/SF) 8.11% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent foot traffic near vibrant Town Square and Texas State U. campus in heart of Downtown across from busy HEB supermarket
- 2 bedroom apartment is only AirBnB in Downtown proper above a business or User can live/work there
- Excellent condition, foundation leveled, stucco restored, metal roof
EXECUTIVE SUMMARY
Price reduced on this Unique opportunity, storefront retail/office with only AirBnB apartment,above your business or live/work there in the heart of booming San Marcos Town Square and edge of the expanding Texas State University.Campus
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,728 SF
Year Built
1918
Price
$826,134 CAD
Price Per SF
$478.09 CAD
Cap Rate
8.11%
NOI
$66,986 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.25
Lot Size
0.16 AC
Zoning
CD-5 - The CD-5 district is intended to provide residential, retail, service and commercial uses. Building types: townhouse, apartment, mixed use, live/work
Parking
4 Spaces (2.31 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Air Conditioning
Walk Score®
Walker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R41596 | Improvements Assessment | $137,278 CAD |
| Land Assessment | $125,502 CAD | Total Assessment | $262,780 CAD |
PROPERTY TAXES
Parcel Number
R41596
Land Assessment
$125,502 CAD
Improvements Assessment
$137,278 CAD
Total Assessment
$262,780 CAD
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215 N Comanche St
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