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    Pierce St St Burnet, TX 78611

    For Sale
    $1,800,000

    Historic Downtown Burnet, TX Office Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This meticulously remodeled Burnet, TX commercial property offers 5768 square feet of prime office space, boasting 14 pristine offices. Located on the historic downtown square, this building enjoys exceptional visibility and accessibility, ensuring high tenant appeal. Recently renovated from the ground up, the property features sleek finishes and state-of-the-art amenities. These include community restrooms, a spacious conference room ideal for meetings and collaborations, and a convenient breakfast bar area equipped with a sink, mini-fridge, and microwave. Currently operating at 95% occupancy, this property demonstrates strong tenant demand and represents a compelling investment opportunity in Burnet's growing market. The 0.28-acre lot provides ample space, and the property's location in the heart of Burnet's thriving downtown ensures high visibility and easy access for clients and employees. Detailed renovation information and profit and loss statements are available upon request. This turnkey operation is perfect for investors seeking a stable, high-return asset in a desirable Texas location. The combination of modern amenities, a prime location, and high occupancy makes this a rare opportunity to acquire a thriving commercial property in a rapidly developing market. Don't miss this chance to own a piece of Burnet's vibrant downtown.

    Property Features for Pierce St St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    12,197 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Burnet
    County
    Burnet
    State
    Texas
    Longitude
    -98.22654
    Latitude
    30.75806

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    FAQs

    What type of property is this?
    Office Property Space - Historic Downtown Burnet, TX Office Space
    Where is this office property space located?
    The property is located at Pierce St St Burnet, TX.
    What is the asking price?
    The asking price for this property is $1,800,000.
    (888) 519-7431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Pierce St St Burnet, TX 78611
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