Mixed-Use Property with Commercial
For Sale
Contact for pricing
608 North Church Street, Georgetown, TX 78626
Furnished short-term rental accommodations accompany an operational commercial kitchen with included equipment and fixtures.
Property Size2,016 SF
Price / SF$372.02
Days on Market65
Property Features for 608 North Church Street
General Information
Standard status
Active
Size
2,016 SF
Class
B
Total Parking Spaces
12
Property subtype
Retail, Mixed Use, Special Purpose
Zoning
Residential
Investment Type
Owner/User
Building Details
Year Built
1986
Year Renovated
2020
Buildings
1
Units
3
Listing Agency:
Commercial Industrial Properties
Listed By:
Robby Eaves · License #TX 588199
(512) 682-1001
Source:
Crexi
Added: Aug 12
Changed: Oct 10
Last Checked: Oct 14 at 10:34PM
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 Commercial Industrial Properties
Investment Insights
Based on property information with market context.
This 2,016-square-foot mixed-use property, built in 1986, combines furnished short-term rental accommodations with a commercial kitchen. The sale includes the existing STR furnishings along with most of the kitchen equipment and fixtures. The kitchen is described as permitted and operational, while the property carries Residential zoning.
Located at 608 North Church Street in Georgetown, the property is less than 1 mile from Georgetown Square, two blocks from San Gabriel Park, and 0.5 miles from Blue Hole. Southwestern University is 1.5 miles away, with access to I-35 and SH-130 described as minutes from the property. The site supports both lodging and food-service uses within one mixed-use asset.
Located at 608 North Church Street in Georgetown, the property is less than 1 mile from Georgetown Square, two blocks from San Gabriel Park, and 0.5 miles from Blue Hole. Southwestern University is 1.5 miles away, with access to I-35 and SH-130 described as minutes from the property. The site supports both lodging and food-service uses within one mixed-use asset.
Key Highlights
- 2,016 SF mixed‑use property built in 1986
- Furnished short‑term rental operation included
- Commercial kitchen with most equipment and fixtures conveyed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,034
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,680
$760.7K
Cap Rate 7%
$543,343
$543.3K
Cap Rate 9%
$422,600
$422.6K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$52.5K $26.04/SF
− Vacancy
−$1.8K −$0.89/SF
EGI
$50.7K $25.15/SF
− OpEx
−$12.7K −$6.29/SF
NOI
$38.0K $18.87/SF
Area
Williamson County, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,680
Cap Rate 7%
$543,343
Cap Rate 9%
$422,600
Alternative Uses
Best Use
Specialty Retail
$543.3K
$475.4K – $633.9K
NOI $38,034 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$441.5K
$386.3K – $515.1K
NOI $30,904 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$842.7K
$737.4K – $983.2K
NOI $58,992 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,579
Businesses Nearby
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Business Placement
Demographics for 78626, TX
39,935
Population
16,866
Households
2.4
Avg Household Size
34
Median Age
36%
College-Educated
90%
High-School Grad
88.6 sq mi
ZIP Area
451
Density / Sq Mi
$94,967
Median Household Income
$44,955
Median Earnings
$1,752
Median Rent
$358,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Furnished short-term rental accommodations accompany an operational commercial kitchen with included equipment and fixtures.
Where is this mixed-use property located?
The property is located at 608 North Church Street Georgetown, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,016 SF mixed‑use property built in 1986; Furnished short‑term rental operation included; Commercial kitchen with most equipment and fixtures conveyed
