Description
Two lots sold together. Seller Financing Available. In the heart of San Marcos’ emerging South Square District, 209 & 215 Cheatham Street offer a rare opportunity to develop a high-visibility commercial site surrounded by culture, community, and growth.
Just steps from the San Marcos River, this walkable location sits amid a thriving local business scene and is only blocks from Texas State University and the Downtown Square. With easy access to Highway 123 and I-35, it’s perfectly positioned for future development at the intersection of small-town charm and downtown energy.
Combined ~0.65 acres
Zoned CD-5D (Downtown Character District)
City water, wastewater & electric available
Private road, curb cuts, and storm-drain infrastructure in place
Flat topography, partially wooded, ready for development
Recent survey available
Seller financing available
Development Potential:
CD-5D zoning allows a wide mix of uses that fit the walkable, urban core character of South Square:
Multi-Family or Courtyard Housing (up to 24 units)
Restaurant / Bar / Retail concepts
Mixed-Use residential over commercial
Boutique Hotel or Short-Term Rental Hub
Creative Office or Studio Space
Why South Square:
Located in a close knit community of local businesses in a district coming alive with music, food, and energy. With the San Marcos River just down the street and 123 and I-35 blocks away, South Square is San Marcos’ next development opportunity.
- Principal and Interest
- Property Tax
- HOA fee
