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Two-Building Flex and Warehouse Property
For Sale
$1,395,000

832 838 Water St, Kerrville, TX 78028

COMMERCIAL - Kerrville, TX

Property Size12,804 SF
Lot Size0.44 Acres
Price / SF$108.95
Days on Market77

Property Features for 832 838 Water St

General Information

Property type Commercial Sale
Property subtype Other
Zoning C3
Accessibility Accessible Approach with Ramp
Subdivision Brown
Lot features Corner Lot, Level
Elementary school Kerrville
Standard status Active
Size 12,804 SF
Lot size 0.44 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Electric, Central Air
Water source Public

Building Details

Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet, Tile
Building materials Precast Concrete, Rock Veneer, Stucco, Frame
Roof type Wood, Flat
Listing Agency: RE/MAX Kerrville · RE/MAX International
Listed By: Becky McFadden · License #309551
Added: May 16 Changed: Jul 30 Last Checked: Jul 31 at 7:06PM
MLS# 122465

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.

This for-sale property consists of two side-by-side commercial buildings with a mix of warehouse and retail/workspace areas. The corner building at 838 Water Street is currently used as an art studio and framing shop, with approximately 3,850 square feet of retail space and approximately 5,700 square feet of warehouse space. Some of the art studio space spills over into 832 Water Street. The remaining portion at 832 Water is leased to a hair salon, providing approximately 1,850 square feet of workspace and approximately 1,400 square feet of warehouse space.

The buildings total about 0.44 acres and provide 100 feet of frontage on Water Street. With a downtown Kerrville setting and strong street presence, the property offers flexible layouts that can support a range of retail, studio, office, or mixed-use concepts.

Zoned C3, the configuration supports an owner-use component alongside rental income, with warehouse and retail elements that can be reallocated depending on a user’s operational needs.

Key Highlights

  • Downtown Kerrville commercial property with 100 ft of frontage on Water St
  • Two side‑by‑side buildings: 838 Water St plus adjacent 832 Water
  • 838 Water St includes approx 3,850 sq ft retail and approx 5,700 sq ft warehouse space

Property Analytics

Current Use

Rivers Edge Gallery Resort

Suggested Use

Top Pick Butcher Veterinary Clinic Parking Lot & Garage Tanning Salon Catering Service (Bike/Boat/Book/etc) 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
Paved road access

Location Intelligence

Trade Area within ½ mile

1,718
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

  • Shims Be Blessed Catering & Food Trailer — 1109 Broadway, Kerrville, TX 78028

Frequently Asked Questions

What type of property is this?
Flex space - Two side-by-side buildings offer substantial warehouse and retail space, with 100 feet of frontage and mixed tenant occupancy.
Where is this flex space located?
The property is located at 832 838 Water St Kerrville, TX.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Downtown Kerrville commercial property with 100 ft of frontage on Water St; Two side‑by‑side buildings: 838 Water St plus adjacent 832 Water; 838 Water St includes approx 3,850 sq ft retail and approx 5,700 sq ft warehouse space
More about this property
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