101 E Hopkins St, San Marcos, TX 78666

PRIME HISTORIC CORNER PROPERTY - DOWNTOWN SAN MARCOS TOWN SQUARE Commanding the premium hard corner of E Hopkins and S Guadalupe Streets in the heart of San Marcos' thriving downtown business district, this 1905 two-story historic brick building offers 17,584 square feet of space on a 9,043 square foot corner lot with direct town square frontage in the Historic District. The property benefits from T-5 zoning allowing flexible mixed-use development and sits within the Central Business Area (CBA), providing relaxed regulations on parking, signage, and on-premise alcohol consumption—ideal advantages for diverse business concepts. As part of the Main Street Program, Texas's oldest accredited program since 1986, the property qualifies for potential historic tax credits and development support. This rare corner property represents an exceptional investment opportunity in one of downtown's most sought-after locations. With a rich history as offices, apartments, and a department store, the building offers flexible redevelopment options for retail, office, residential, hospitality, or entertainment uses, with the second floor ready for transformation. Properties of this caliber and location rarely come to market. Positioned in one of the fastest-growing areas along the I-35 corridor, the property sits within walking distance of restaurants, shops, and entertainment venues. Texas State University's proximity drives consistent demand, while established foot traffic and year-round community events ensure steady activity. This landmark property offers a once-in-a-generation opportunity to shape downtown San Marcos's future while honoring its rich history.

A 1905 brick landmark with 17,584 square feet on the hard corner of E Hopkins Street and South Guadalupe Street, 101 E Hopkins St is one of the most visible Commercial Sale - Retail opportunities in downtown San Marcos. In San Marcos, this corner building sits directly on the town square in San Marcos, TX 78666, giving it the kind of frontage, foot traffic, and name recognition that is hard to replicate in Hays County.

At the current $3.00 million price, the offering is about $170.61 per square foot, which is a useful number for buyers comparing downtown redevelopment plays along the I-35 corridor. The lot measures 0.2076 acres, or about 9,043 square feet, and the building has a long operating history that supports multiple paths forward. This is not a generic retail box. It is a two-story historic structure in the Historic District with direct exposure to daily activity around the San Marcos Town Square, Texas State University, and the restaurant and entertainment blocks that keep this part of town active well beyond standard business hours.

The location matters. East Hopkins Street is one of the main routes through downtown and connects back toward I-35, while South Guadalupe Street is one of the defining streets in the core of San Marcos. Texas State University is minutes away, which helps drive year-round demand from students, faculty, visitors, and local residents. The square itself is a destination, not just a crossroads, and that changes the value equation for retail, office, hospitality, entertainment, or mixed-use concepts that depend on visibility and repeat traffic.

From a land use standpoint, the property benefits from T-5 zoning and placement within the Central Business Area, a combination that can support more flexible redevelopment and operating strategies than many suburban sites. The listing also notes the potential advantage of historic tax credits and Main Street Program support, which can matter when underwriting renovation costs in an older downtown building. Days on market stand at 126, which suggests buyers have had time to study the opportunity and price the complexity that comes with historic urban inventory.

School district information and school ratings are not listed for this commercial property, and residential bed and bath counts are not applicable here. What is clear is that 101 E Hopkins St controls a prime piece of downtown San Marcos at a time when walkable historic districts continue to attract capital, tenants, and long-term attention, which should support both everyday use and future value.