1700 Water St, Kerrville, TX 78028
Kerr County
Key Facts
Description
Positioned along one of Kerrville's most recognizable and evolving commercial corridors, this rare 1.75 acre multi-tenant investment opportunity offers a compelling blend of stabilized income, strong visibility, and long-term upside potential. Spanning multiple contiguous parcels along Water Street, Broadway, and G Street, the property is home to an established collection of local businesses including Blue Roan Coffee Co., STP&S Benjamin Moore Paints, East End Vintage Market, and East End Pizza Co. The diverse tenant mix creates a vibrant destination atmosphere while generating multiple streams of rental income and steady daily traffic. Currently operating as a stabilized income-producing asset with established tenancy already in place, the property offers immediate cash flow while still presenting future potential for continued growth, redevelopment, expansion, or repositioning. Prominent frontage, established improvements, and a highly visible in-town location surrounded by continued growth and revitalization further enhance the long-term appeal of this unique commercial offering. Businesses are not for sale. Offering is for real estate only.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Living Area
14,079 sq ft
Lot Size
1.75 acres
Parking Spaces
30
Zoning
MU
Days on Market
11
MLS® Listing#
1972429
Property Features
Cooling
Heating
Lot Features
Construction
Foundation
Roof
Other Structures
Utilities
Water Source
Schools
- District:
- Kerrville.
Financial Details
Annual Taxes
$22,054
Parcel Number
38465
Directions
Take I-10 W to Kerrville, exit 508. Turn left on Sidney Baker, left on Main, property will be on the right, look for sign.
Affordability Calculator
$440,000
Estimated monthly payment
$11,709/mo
Principal $1,760,000 · Est. interest $2,455,357 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kerrville, TX
- $445,455
- Median Listing Price
- 76
- Median Days on Market
- 1,964
- Median Sq Ft
- $229
- Median Price / Sq Ft
- 141
- Active Listings
- This home’s price is 394% above the area median.
- Its price per sq ft is 32% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kerrville, TX.
Location
Points of Interest in Kerrville, TX
Showing the Kerrville area map.
Nearby Schools
St. Peters Episcopal Church
School · 0.6 mi away
Notre Dame Catholic School
School · 0.7 mi away
Kerrville Isd Technology
School · 0.7 mi away
Kerrville Independent School District
School · 0.7 mi away
Kerrville Public School Foundation
School · 0.7 mi away
B T Wilson 6th Grade School
Elementary · 0.7 mi away
Discipline Alternative School
Secondary · 0.8 mi away
Early Childhood Center
School · 0.8 mi away
Grace Academy of Kerrville
School · 0.8 mi away
Tom Daniels Elementary School
Elementary · 0.8 mi away
Children's Ark
School · 1.1 mi away
Zion Lutheran Children's Center
School · 1.1 mi away
Grace Bible Chapel
School · 1.1 mi away
Nimitz Elementary School
Elementary · 1.2 mi away
Hill Country High School
Secondary · 1.4 mi away
Doyle School Community Center
School · 1.5 mi away
Tivy High School
Secondary · 1.6 mi away
Starkey Elementary School
Elementary · 2.4 mi away
Hill Country Adventist School
School · 2.5 mi away
Tally Elementary School
Elementary · 3.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 613 Guadalupe ST S, Kerrville, TX | $1,550,000 | — | — | 708 |
| 613 Guadalupe ST S, Kerrville, TX | $1,550,000 | — | — | — |
| 140 Twin Springs Rd N, Kerrville, TX | $1,600,000 | 4 | 3 | 2,902 |
| 140 Twin Springs Rd N, Kerrville, TX | $1,600,000 | 4 | 3 | 2,902 |
| 800 N Junction Highway, Kerrville, TX | $1,625,000 | — | — | — |
| 1292 Upper Turtle Creek RD, Kerrville, TX | $1,699,999 | 4 | 3 | 2,277 |
Moving Cost Estimate
EXIT Agents in Kerrville
Listing Courtesy: Fore Premier Properties - (830) 459-4000 info@forepremierproperties.com
Presented by: Laura Fore