$1,550,000

2003 Medical PKWY, San Marcos, TX 78666

  • 7,882 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $197/sqft
  • Property List Date Icon Listed 24 days ago

Property 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.

Listing Status:
Active
Listing Office:
River Bear Realty, LLC : (512) 888-3886
Listing Agent:
Buck McLamb : (512) 888-3886
MLS ID:
4558600
  • Flooring: CarpetLaminate
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Eco/Green Feature: NoneNone

This listing courtesy of Buck McLamb, River Bear Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mendez Elementary School

1805 Peter Garza Dr, San Marcos, TX, 78666

Grades KG-5

0.34 miles away

G

Goodnight Middle School

1301 N State Highway 123, San Marcos, TX, 78666

Grades 6-8

0.70 miles away

S

San Marcos High School

2601 Rattler Rd, San Marcos, TX, 78666

Grades 9-12

2.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.