Boutique Office Suite Above Wine
For Sale
Contact for pricing
322 Cheatham Street, San Marcos, TX 78666
Small office suites above Patio Dolcetto Wine Bar in downtown San Marcos, ranging from 360 to 540 sq. ft.
Property Size1,880 SF
Price / SF$0.80
Days on Market94
Property Features for 322 Cheatham Street
General Information
Standard status
Active
Size
1,880 SF
Listing Agency:
The Damron Group REALTORS
(512) 392-7653
Listed By:
Riley Chandler · License #0698019
(432) 934-4196
Source:
Cornerstone-properties
Added: Jul 23
Changed: Oct 14
Last Checked: Oct 23 at 6:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Damron Group REALTORS
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Investment Insights
Based on property information with market context.
Discover a boutique office setting above Patio Dolcetto Wine Bar at 322 Cheatham Street in downtown San Marcos. The available office suites range from 360 to 540 sq. ft., offering compact, professional space well suited to an executive office, professional practice, creative studio, or a small showroom format.
The property’s setting includes direct access to Rio Vista Park and views associated with the San Marcos River area, combining downtown energy with a riverside backdrop. Suites are located overhead from the wine bar below, creating a distinct, neighborhood-oriented workspace option for tenants and buyers seeking a smaller footprint in a well-known local setting.
The property’s setting includes direct access to Rio Vista Park and views associated with the San Marcos River area, combining downtown energy with a riverside backdrop. Suites are located overhead from the wine bar below, creating a distinct, neighborhood-oriented workspace option for tenants and buyers seeking a smaller footprint in a well-known local setting.
Key Highlights
- Small office suites above Patio Dolcetto Wine Bar at 322 Cheatham St in downtown San Marcos
- Suite sizes range from 360 to 540 sq ft
- Central air with electric cooling; heating listed as 3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,830
Suggested Prices Based on Cap Rates
Cap Rate 5%
$896,600
$896.6K
Cap Rate 7%
$640,429
$640.4K
Cap Rate 9%
$498,111
$498.1K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$79.0K $42.00/SF
− Vacancy
−$19.2K −$10.21/SF
EGI
$59.8K $31.79/SF
− OpEx
−$14.9K −$7.95/SF
NOI
$44.8K $23.85/SF
Area
Hays County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$896,600
Cap Rate 7%
$640,429
Cap Rate 9%
$498,111
Alternative Uses
Best Use
Office B
$640.4K
$560.4K – $747.2K
NOI $44,830 @ 7.0% cap · market cap 2,988.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$785.9K
$687.7K – $916.9K
NOI $55,012 @ 7.0% cap · market cap 3,667.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,553
Businesses Nearby
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Business Placement
Demographics for 78666, TX
86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Small office suites above Patio Dolcetto Wine Bar in downtown San Marcos, ranging from 360 to 540 sq. ft.
Where is this office unit located?
The property is located at 322 Cheatham Street San Marcos, TX.
What are key features of this property?
This property features: Small office suites above Patio Dolcetto Wine Bar at 322 Cheatham St in downtown San Marcos; Suite sizes range from 360 to 540 sq ft; Central air with electric cooling; heating listed as 3
