601 CLAY ST, KERRVILLE, TX 78028

Homes for sale in Kerrville.

Homes for sale in 78028.


Status of the property has changed, please contact for details

List Price$929,000

601 CLAY ST

Kerrville, TX 78028

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #2002027

Commercial

Type

About This Property

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.

Listing Courtesy of Colleen Brinkman, Brinkman Preferred Properties (903) 312-4110

Property Features

Location Information

County

Kerr

MLS Area

3100

Interior Features

Heating

Central

Accessibility

2+ Access Exits, Int Door Opening 32"+, Ext Door Ope

Cooling

Central

Exterior Features

Construction

Wood, Stone

Water Supplier

City of Kerr

Foundation

Slab, Basement

Electric Supplier

KPUB

Roof

Metal

Utilities

Electricity, Water, Telephone, Sewer

Sewer Supplier

City of Kerr

Zoning

DAC - COMMERCIAL

School

School District

Kerrville.

Additional Information

Property Type

COM

Status

New

Property SubType

Office/Medical/Prof Bldg

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Mortgage Calculator

$4,337

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,347

Monthly Tax

$774

Monthly Insurance

$216

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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