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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

227 Earl Garrett St Kerrville, TX 78028

14,645 SF 0.17 ac lot Built 1905
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located in the heart of Kerrville's vibrant historic downtown district, presents a unique investment opportunity. The Earl Garrett Commercial Condominiums encompass 14,645 square feet across five units within a two-story, 1905-built building situated on a 0.17-acre lot. The property is zoned C3/DOWNTOWN HISTORIC and includes five parking spaces. Two street-level units offer 4,980 and 4,841 square feet respectively, each with two dedicated parking spaces. These units feature ground floor and basement space. Three additional upper-level units provide 948, 1,114, and 2,762 square feet of space. The largest upper-level unit (2,762 sq ft) includes a full kitchen, two bathrooms (one with a shower, one with washer/dryer), and a central hallway, making it ideal for live/work arrangements. All units currently have long-term tenants in place. The building's prime location ensures high visibility and excellent foot and vehicle traffic. Attractive seller financing is available (80%-90%). This property offers a compelling blend of income generation and potential for future appreciation in a desirable downtown location. The building consists of one structure with a total of five units.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1905
Total area 14,645 SF
Lot 0.17 ac (7,405 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Windy Ridge Artists (Bike/Boat/Book/etc) Store
  • The Fairy Moon Emporium Clothing & Fashion Store
  • Tarot & Chai Spiritual Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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