215 N Comanche St
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215 N Comanche St
1,728 SF 50% Leased Retail Building San Marcos, TX 78666 £552,886 (£320/SF) 7% Net Initial Yield
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
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
£552,886
Price Per SF
£320
Net Initial Yield
7%
NOI
£38,702
Percent Leased
50%
Tenancy
Multiple
Number of Floors
2
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 | £77,237 |
| Land Assessment | £70,612 | Total Assessment | £147,849 |
PROPERTY TAXES
Parcel Number
R41596
Land Assessment
£70,612
Improvements Assessment
£77,237
Total Assessment
£147,849
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215 N Comanche St
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