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… Read More 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. Read Less
Property listed by River Bear Realty, LLC 512-888-3886 (512) 888-3886
Listing Snapshot
Days Online
87
Last Updated
Property Type
Office
Square Ft.
7,882
Lot Size
0.5 Acres
Year Built
1986
MLS Number
4558600
Additional Details
Building
2 total stories, Built in 1986, 7882 total building sqft, No Loading, Brick
Disclosures
Seller Disclosure
Accessibility Features
Hand Rails
Expenses
Operating Expense: $38,904
Floors
Carpet, Laminate
Foundation
Slab
Heating
Central, Electric
Income
Gross Scheduled Income: 169200
Lot
0.5 acres, Area: 0.5
Parking
Asphalt, Concrete
Property
Single building, Resale, City Lights
Sewer
Public Sewer
Taxes
Annual Amount: $23,951, Year: 2023
Utilities
Cable Available, Cable Connected, Electricity Connected, High Speed Internet Available, Phone Connected, Sewer Connected
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