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COMMERCIAL - Kerrville, TX
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 currently features 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 ...
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 currently features 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.
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