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Corner-Lot Retail Space
For Lease
$2,400/Mo

1523 Water St, Kerrville, TX 78028

Commercial Sale, Kerrville, TX

Space SizeContact for details
Days on Market130

Property Features for 1523 Water St

General Information

Property type Commercial Lease
Property subtype Retail
Zoning C17
Accessibility Accessible Approach with Ramp
Subdivision J A Tivy
Lot features Corner Lot, Level
Elementary school Kerrville
Standard status Active
Size 2,420 SF

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Wall Unit(s)

Amenities

paved parking

Building Details

Year built 1935
Number of units 1
Flooring type Vinyl
Building materials HardiPlank Type
Roof type Metal
Listing Agency: RE/MAX Kerrville · RE/MAX International
Listed By: Kristen Carroll · License #777950
Added: May 4 Changed: Sep 4 Last Checked: Sep 10 at 7:06AM
MLS# 124290

Copyright © 2026 Kerrville Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,420-square-foot retail space occupies a commercial building constructed in 1935. The interior includes a spacious open area with vinyl flooring, while the exterior features HardiPlank siding and a metal roof. Wall furnace heating, wall-unit cooling, and an accessible approach with ramp are in place. Public sewer serves the property, and cable is available.

Located at 1523 Water St in Kerrville, the building sits on a corner lot with paved parking. The property is one block from the Guadalupe River, near restaurants, and close to downtown. The space is available April 15th.

Key Highlights

  • 2,420‑square‑foot retail space
  • C17 zoning
  • Corner lot with paved parking

Property Analytics

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Current Use

Iglesia Pentecoste Church Mustang Sally's Rustic ... Home Decor Store Kerrville Kenpo Karate Training Center

Suggested Use

Top Pick Butcher Florist Storage Facility Tanning Salon (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,055
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Valero Energy Shops & Services
3,120 visits/mo 0.2 miles
Carquest Auto Parts # 9206 Shops & Services
1,339 visits/mo 0.3 miles
Thai Bistro Dining
777 visits/mo 0.2 miles

Demographics for 78028, TX

40,789
Population
19,285
Households
2.1
Avg Household Size
51
Median Age
32%
College-Educated
91%
High-School Grad
263.3 sq mi
ZIP Area
155
Density / Sq Mi
$65,486
Median Household Income
$35,884
Median Earnings
$1,097
Median Rent
$281,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Kerrville, TX

$15.82 /SF/Yr
Avg Asking Price
$11.9–$18 /SF/Yr
Price Range
27,127 SF
Avg Space Size

This space is priced 25% below the average of $15.82 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - C17 zoning, paved parking, and an open interior define this accessible commercial space.
Where is this retail space located?
The property is located at 1523 Water St Kerrville, TX.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: 2,420‑square‑foot retail space; C17 zoning; Corner lot with paved parking
More about this property
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