The Vault @ The Square
1st Floor Retail 2nd Floor Multi-Family | San Marcos Square
Marketing description
100 West Hopkins Street represents a unique commercial real estate opportunity to purchase a mixed-use historic 2 story building on the Square in San Marcos, Texas. The property is positioned on the NW corner of Guadalupe & West Hopkins on the historic downtown Square. This highly visible property spans 9,784 square feet and has a bar on the first floor and 4 apartment units on the second floor. The property has a full commercial kitchen, walk-in coolers, a grease trap, and two expansive bar areas. Rich in character, the property boasts unique vintage details, high ceilings, and several vaults.
Investment highlights
The property is competitively priced at a 7.5% cap on in-place net operating income figures. It is an ideal investment for an apartment owner, owner/occupier, active investor with a portfolio or someone new to central Texas to acquire. While it has been self-managed by ownership, the property is underwritten with professional management in mind.
For more information and to sign a CA, visit CBRE-100Hopkins.com
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