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Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2002027
Construction Status Wood,Stone
Year Built 1983
Annual Tax Amount $5,668
Property Sub-Type Commercial Improved Prop
Property Description
Phenomenal opportunity to acquire a true mixed-use property in downtown Kerrville with multiple income stream potential and further development upside. PRIME LOCATION at head of Kerrville Urban Trail System leading down through entertainment district to the Guadalupe River. Offering consists of 3 buildings with varying asset types to offer diversification to investors or plug & play owner-operator businesses. Building 1 (601 Clay): 2100 +/- sf of established Medical / General Office space formerly Riverhill Ophthalmology from 2006 to 2023. Building 2 (601B Clay): 974 +/- sf Duplex has two renovated one-bedroom apartments ideal for vacation rentals. Building 3 (521 Clay): 1500 +/- sf previously Basement Brewers of Texas, one of the Hill Country's best craft beer brewpubs! In addition to existing improvements, DAC (Downtown Arts & Cultural) Zoning encourages "a pedestrian-oriented center" with denser development, "minimal building setbacks" and "special parking standards" which could allow for construction of a 4th building on the 601 Clay side in current 2,000 +/- sf of green space at back of the property.
Location
State TX
County Kerr
Area 3100
Zoning DAC - COMMERCIAL
Interior
Heating Central
Cooling Central
Exterior
Garage Spaces 30.0
Utilities Available Electricity, Water, Telephone, Sewer
Roof Type Metal
Building
Foundation Slab, Basement
Construction Status Wood,Stone
Schools
School District Kerrville.
Others
Acceptable Financing Sale Only, Cash, Conventional, 1st Seller Carry
Listing Terms Sale Only, Cash, Conventional, 1st Seller Carry
Listed by Colleen Brinkman • Brinkman Preferred Properties • (903) 312-4110