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    Historic Downtown Kyle Mixed-Use Building Title is generated by Realmo AI

    107 W Center St, Kyle, TX 78640

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    For Sale
    $1,450,000

    Two-story stone building in historic downtown Kyle for sale.

    Type:Commercial
    Property size:
    4,000 SF
    Price / SF:
    $362/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 3 at 2:52 am

    Property Features for 107 W Center St

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1860

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    Christi Anderson

    Listing office Asset Realty, LLC

    Listing date Mar 10, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Asset Realty, LLC

    HighLights

    • Prime location in the heart of historic downtown Kyle, across from City Hall and near the Downtown park.
    • Significant income potential with two tenant‑occupied spaces.
    • Large 4,000 sqft building with three separate entrances.
    • Unique warehouse architecture in the upstairs great room, featuring original wood floors and exposed rafters.
    • Flexible CBD‑2 zoning permits mixed commercial and residential use.
    • Meeting room with kitchenette on the second floor.

    Overview

    Located in the heart of historic downtown Kyle, this two-story stone building presents a rare opportunity. The property is situated across from City Hall and a block from the downtown park. The building offers approximately 4,000 square feet of space, divided into three areas, each with separate entrances. Currently, two of these spaces are occupied by tenants, making it a potential investment opportunity. The second floor features a great room with warehouse architecture, including original wood floors and exposed rafters. Additionally, the second floor includes a meeting room with a kitchenette. The zoning, CBD-2, allows for mixed-use commercial and residential applications.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $168.0k $42.00
    − Vacancy −$40.8k −$10.21
    EGI $127.2k $31.79
    − OpEx −$31.8k −$7.95
    NOI $95.4k $23.85
    4,000 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.36M
    $1.19M – $1.59M (±1% cap)
    NOI $95,382 @ 7.0% cap · market cap 6.58%
    Second Best
    Retail
    $1.01M
    $880.4K – $1.17M (±1% cap)
    NOI $70,433 @ 7.0% cap · market cap 4.86%
    Theoretical Best
    Office A
    $1.67M
    $1.46M – $1.95M (±1% cap)
    NOI $117,047 @ 7.0% cap · market cap 8.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Pharmacy Department Store Building Supply Hotel & Motel Big Box & Wholesale Store Bar & Pub Nail Salon Food Market Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kyle
    County
    Hays
    State
    Texas
    Longitude
    -97.8759
    Latitude
    29.9884

    FAQs

    What type of property is this?
    Mixed-use property - Two-story stone building in historic downtown Kyle for sale.
    Where is this mixed-use property located?
    The property is located at 107 W Center St Kyle, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Prime location in the heart of historic downtown Kyle, across from City Hall and near the Downtown park.; Significant income potential with two tenant‑occupied spaces.; Large 4,000 sqft building with three separate entrances.
    More about this property
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