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Two-Building Downtown Retail and Studio
For Sale
$1,395,000

832838 Water St, Kerrville, TX 78028

Two side-by-side downtown buildings include an art studio and a hair salon with flexible combined use options.

Property Size13,300 SF
Price / SF$104.89
Days on Market184

Property Features for 832838 Water St

General Information

Standard status Active
Size 13,300 SF
Property subtype General Commercial

Amenities

Central Air, Electric
3
Tile, Vinyl, Carpet
Flat
Corner Lot.
Level
0.44
Corner, City Road, Asphalt, Level.
Listing Agency: RE/MAX Kerrville
Listed By: Becky McFadden · License #309551
Source: Xome
Added: Feb 7 Changed: Aug 7 Last Checked: Aug 10 at 3:27AM

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 RE/MAX Kerrville

Investment Insights

Based on property information with market context.

This offering features two side-by-side commercial buildings on the main street in downtown Kerrville. The corner building at 838 Water Street is currently operated as an art studio and framing shop, with a spacious workshop area that can support production, storage, or creative use. The operator also uses part of the adjacent building at 832 Water Street.

The remaining portion of 832 Water is leased to a hair salon, creating a mixed setup with both owner-use and income. The buildings are positioned for street-level visibility and walkable access, with versatile layouts that can support a range of retail, studio, or office-style concepts.

Overall, the property provides a substantial footprint through the combined structures, suited to buyers seeking a downtown configuration that can be adapted for multiple uses while maintaining current income from the leased space.

Key Highlights

  • Two side‑by‑side downtown Kerrville commercial buildings on Water Street: 838 Water St and 832 Water St
  • 838 Water St corner building currently operated as an art studio and framing shop with a spacious workshop area
  • 832 Water St is used in part by the operators, with the remaining portion leased to a hair salon

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Storage Facility HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

634
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
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Frequently Asked Questions

What type of property is this?
Creative space - Two side-by-side downtown buildings include an art studio and a hair salon with flexible combined use options.
Where is this creative space located?
The property is located at 832838 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: Two side‑by‑side downtown Kerrville commercial buildings on Water Street: 838 Water St and 832 Water St; 838 Water St corner building currently operated as an art studio and framing shop with a spacious workshop area; 832 Water St is used in part by the operators, with the remaining portion leased to a hair salon
More about this property
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