Average square foot calculated using Size range provided by listing agent.
Description
Prime Investment Opportunity on Medical Parkway – Income-Producing with Upside Potential Now Offered at a New Price with a New Roof! Located steps from CHRISTUS Santa Rosa Hospital in the heart of San Marcos’ medical and professional corridor, this property offers strong current income with room to grow. Currently fully leased across three commercial suites and one residential apartment, with one studio apartment and one office suite (Suite D) available for lease, this is an excellent opportunity for investors or owner-users alike. Suite A: 1, 553 SF | 3 Bathrooms Suite B: 2, 376 SF | 2 Bathrooms + Upstairs Office/Conference Room Suite C: 1, 553 SF | 3 Bathrooms Suite D (Available): Flexible office space – ideal for medical professionals or professional services (1) Studio Apartment (Occupied): 611 SF (1) Studio Apartment (Available): 611 SF These suites are not only perfect for medical tenants but also well-suited for law firms, accounting offices, and other professional services seeking a high-visibility location with easy access to I-35 and Texas State University. Gross Monthly Income: $14, 100 (beginning January 1) Proforma Cap Rate: 8.4% Recent updates completed. Minimum 48-hour notice for showings – contact agent to schedule.Show Description
MLS® Number4558600
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1986
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatCentral, Electric
A/CCentral Air, Electric
Heating Fuel
Extras
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