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.
| MLS # | 1921994 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Land |
| Status | Active |
| Days On Site | 290 |
| Listing Provided By | Kelly Right Real Estate of Tex | Ann Flink |
| Zoning | CD-5D |
|---|---|
| Acreage | 0.19 |
| Tax Property Id | 1145300100006003 |
|---|---|
| Total Tax | 1.9682 |
| State | TX |
|---|---|
| County | Hays |
| City | San Marcos |
| Zip Code | 78666 |
| Area | Hays |
| State | TX |
|---|---|
| County | Hays |
| City | San Marcos |
| Zip Code | 78666 |
| Area | Hays |
![]() | $625,000209 CheathamSan Marcos, TX 78666 |