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MLS Number:
115704
List Price:
$1,175,000
Property Type:
Other Commercial
Street #:
601
Address:
Clay St
City:
Kerrville
State:
TX
Zip Code:
78028
Subdivision:
Cage Addition
Elementary School-Buyer to Verify:
Kerrville
Bedrooms:
Full Baths:
Half Bath:
City Limits:
Yes
County:
Kerr
Apx Acreage:
0
Lot Size:
0
Gas Supplier:
Sewer Supplier:
Electric Supplier:
Garbage Supplier:
Water Supplier:
# Buildings:
3
# Stories:
Total Parking:
Ceiling Height:
Road Frontage:
Foundation Size:
Loading Dock:
Overhead Doors:
Garage:
Current Use:
Avg Annual Gross Income:
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Avg Annual Gross Expenses:
Building/Center Name:
Total # Units:
3
Net Leasable Area:
Apx Office SqFt:
2100
Apx Retail SqFt:
1504
Apx Warehouse SqFt:
0
Apx Lvg Area SqFt:
0
Apx Other SqFt:
974
Construction/Exterior:
Brick Veneer, Steel Frame
Roof:
Metal
Roof System:
Other-See Remarks
Attic:
No Attic
Foundation:
Slab
Floors:
Tile, Vinyl
Heat:
Central, Gas
Air Conditioning:
Central, Electric
Water:
Central
Gas:
Natural Gas
Other Utilities:
Electricity Connected, Garbage Service-Private, Phone Available
Disability Access:
Other-See Remarks
Amenities:
Other-See Remarks
Sale Includes:
Building(s)
Lease Includes:
None
Parking Capacity:
21-50
Water Features/Location:
None
Topo/Land Desc:
Level
Access:
City Street
Listing Office:
Brinkman Preferred Properties (#:2228)
Listing Agent:
Pablo Brinkman (#:306)
Remarks:
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 features Basement Brewers of Texas ((www.basementbrewersoftexas.com), 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.
Additional Remarks:
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