Build Your Vision
in San Marcos’ South Square District
209 & 215 Cheatham. Street
San Marcos, TX 78666
Two Lots Sold Together
Listed at $950,000
Seller Financing Available
The Overview
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- near Patio Dolcetto, Triple Six Social, and The Davenport- 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.
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MLS Number:
Price: $950,000 (total for both parcels, sold together)
Square Feet: (≈ 0.65 acres total / 28,183 sq ft combined)
Zoning:CD-5D (Downtown Character District)
Financing:Seller Financing Available
Location:Intersection of Cheatham & McKie Streets, South Square District – ½ mile to Downtown San Marcos Square, 1 mile to Texas State University, ⅓ mile to Rio Vista Park on the San Marcos River
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Two contiguous parcels totaling ~0.65 acres (0.456 + 0.191 acres)
High visibility where McKie dead-ends into Cheatham
Flat, mostly cleared, partially wooded terrain with private road
City water, wastewater, and electric available
Recent Survey on file
CD-5D zoning allows a variety of mixed-use, residential, and commercial uses
High-traffic corridor with quick access to I-35 and walkable to South Square nightlife
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Walkable to restaurants, shops, bars, and live-music venues (Patio Dolcetto, Triple Six Social, The Davenport)
Minutes to Downtown San Marcos shopping and Texas State University campus
Easy access to Rio Vista Park and the San Marcos River
Nearby multifamily and condo developments
Located within an emerging, pedestrian-friendly district encouraging mixed-use development