0 Baths
$625,000
209 Cheatham Street, San Marcos TX, 78666
Property typeCommercial
Overview
Active
Listed Nov 10, 2025
Updated Jun 12
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.
Also listed on ACTRIS
Courtesy of Kelly Right Real Estate of Tex, Ann Flink
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