521-601 Clay St,Kerrville, TX 78028
Kerrville, TX 78028
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 (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.
Details
| MLS # | 122617 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 183 |
| Listing Provided By | Brinkman Preferred Properties | Christopher Chedzoy |
Features
| SQ Feet | 974 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Zoning | DAC - Commercial |
| Acreage | 0.78 |
| Water Front | Yes |
Area Information
| State | TX |
|---|---|
| County | Kerr |
| City | Kerrville |
| Zip Code | 78028 |
| Area | Sidney Baker to Lewis |
| Community Name | Cage Addition |
| Elementary School | Kerrville |
| Listing VS Median (in Cage Addition) | |
Price: $897,500 low | high Med: $475,000 sqft: 974 low | high Med: 3,430 $ / sqft: $921 low | high Med: $138 On site: 183 low | high Med: 89 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Kerr |
| City | Kerrville |
| Zip Code | 78028 |
| Area | Sidney Baker to Lewis |
| Community Name | Cage Addition |
| Elementary School | Kerrville |
| Listing VS Median (in Cage Addition) | |
Price: $897,500 low | high Med: $475,000 sqft: 974 low | high Med: 3,430 $ / sqft: $921 low | high Med: $138 On site: 183 low | high Med: 89 | |
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