Downtown Retail
New
For Sale
$425,000
124 W Vaughan St, Bertram, TX 78605
Restored storefront with an open floor plan, original hardwood floors, kitchen/break area, private office, and rear loading access.
Days on Market7
Property Features for 124 W Vaughan St
General Information
Standard status
Active
Property subtype
Commercial
Amenities
kitchen/break area
private office
two restrooms
rear loading access
detached storage building
Building Details
Building Size
1,930 SF
Year Built
1935
Listing Agency:
DeKeratry Real Estate
(512) 876-9361
Listed By:
Joseph Vandenhouten
(512) 876-9361
Source:
Elliman
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 30 at 8:06AM
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 DeKeratry Real Estate
Investment Insights
Based on property information with market context.
124 W. Vaughan Street is a restored commercial storefront property in downtown Bertram with a spacious open floor plan. Interior features include original hardwood floors, decorative pressed ceilings, and large storefront windows that bring in natural light. The space is supported by a kitchen/break area, a private office, and two restrooms, along with rear loading access. A detached storage building is also included.
The property is positioned next to the Globe Theater in downtown Bertram, with walkability noted as car-dependent based on available scores.
With storefront visibility, multiple interior rooms, and rear loading access plus detached storage, the building offers a versatile layout suitable for a range of commercial uses.
The property is positioned next to the Globe Theater in downtown Bertram, with walkability noted as car-dependent based on available scores.
With storefront visibility, multiple interior rooms, and rear loading access plus detached storage, the building offers a versatile layout suitable for a range of commercial uses.
Key Highlights
- Built in 1935 and restored commercial property in downtown Bertram next to the Globe Theater
- Spacious open floor plan with original hardwood floors and decorative pressed ceilings
- Large storefront windows provide natural light
Financial Insights For Retail
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 | $52.1k | $27.00 |
| − Vacancy | −$1.6k | −$0.84 |
| EGI | $50.5k | $26.16 |
| − OpEx | −$15.1k | −$7.85 |
| NOI | $35.3k | $18.31 |
1,930 SF · lease $27.00/SF/yr · vacancy 3.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$504.9K
$441.8K – $589.1K
NOI $35,346 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.45M
$1.27M – $1.70M
NOI $101,759 @ 7.0% cap · market cap 23.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
Exxon
Shops & Services
3,589 visits/mo
0.3 miles
Krispy Krunchy Chicken
Dining
2,233 visits/mo
0.1 miles
Demographics for 78605, TX
6,246
Population
2,972
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
81%
High-School Grad
172.0 sq mi
ZIP Area
36
Density / Sq Mi
$81,833
Median Household Income
$37,346
Median Earnings
$1,181
Median Rent
$270,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Clip Art Buds & Blooms — 144 e vaughan st, bertram, tx 78605
Frequently Asked Questions
What type of property is this?
Storefront property - Restored storefront with an open floor plan, original hardwood floors, kitchen/break area, private office, and rear loading access.
Where is this storefront property located?
The property is located at 124 W Vaughan St Bertram, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Built in 1935 and restored commercial property in downtown Bertram next to the Globe Theater; Spacious open floor plan with original hardwood floors and decorative pressed ceilings; Large storefront windows provide natural light
