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Divisible Riverfront Retail Building
For Sale
$1,199,000

2523 Memorial Blvd, Kerrville, TX 78028

SINGLE_FAMILY - Kerrville, TX

Property Size600 SF
Lot Size2.84 Acres
Price / SF$1,998
Days on Market151

Property Features for 2523 Memorial Blvd

General Information

Property type Residential
Property subtype Retail
Zoning C-2
Parking 30
Exterior features Lighting, Storage
Accessibility Accessible Approach with Ramp
Lot features Flood Fringe Area, Flood Plain, Open Lot, Partially Wooded, Sloped
Elementary school Tom Daniels
Subdivision 23-Westminster to 534
Standard status Active
Size 600 SF
Lot size 2.84 Acres

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public
Water front features Waterfront
Water front 1

Amenities

exposed wood beam ceilings
modern track lighting
updated flooring
open-concept layout
large windows
river views
private deck
full kitchen
full bath with walk-in shower

Building Details

Year built 1965
Floors in Building 2
Number of units 2
Flooring type Simulated wood
Building materials Stucco
Roof type Metal, Wood
Additional Structures Storage
Listing Agency: Fore Premier Properties
Listed By: Lisa McGehee · License #649099
Added: Mar 19 Changed: Jul 29 Last Checked: Aug 16 at 9:06AM
MLS# 122651

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.

Located at 2523 Memorial Blvd, this C-2 zoned, divisible commercial property includes a renovated main commercial building of approximately 2,400 SF and a separate remodeled riverfront casita of approximately 600 SF. The main building features soaring exposed wood beam ceilings, modern track lighting, updated flooring, and an open-concept layout supported by large windows for natural light and river views. The casita includes a full kitchen, living area, bedroom, and a full bath with a walk-in shower, along with a private deck overlooking the Guadalupe River.

Improvements also include asphalt parking and site enhancements designed to support on-site parking capacity and convenient highway access along Hwy 27 / Memorial Blvd. With approximately 2.84 acres and multiple structures, the property offers flexibility for future development, expansion, or resale configuration.

Key Highlights

  • C‑2 zoned, dividable commercial property with Guadalupe River frontage on Hwy 27/Memorial Blvd in Kerrville
  • Main commercial building with approx. 2,400 SF; extensively renovated with updated flooring and open‑concept layout plus large windows for river views
  • Separate approx. 600 SF remodeled riverfront casita with full kitchen, living area, bedroom, full bath (walk‑in shower), and private deck

Property Analytics

Current Use

Alex's Tacos Restaurant

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Restaurant Spa & Massage Center Auto Parts Store

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - C-2 zoned property with a renovated main building and separate riverfront casita, offering on-site parking and highway access.
Where is this retail space located?
The property is located at 2523 Memorial Blvd Kerrville, TX.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: C‑2 zoned, dividable commercial property with Guadalupe River frontage on Hwy 27/Memorial Blvd in Kerrville; Main commercial building with approx. 2,400 SF; extensively renovated with updated flooring and open‑concept layout plus large windows for river views; Separate approx. 600 SF remodeled riverfront casita with full kitchen, living area, bedroom, full bath (walk‑in shower), and private deck
More about this property
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