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301 W Mercer St, Dripping Springs, TX 78620
$3,000,000
301 W Mercer St, Dripping Springs, TX 78620View this property at 301 W Mercer St, Dripping Springs, TX 78620
301 W Mercer StDripping SpringsTX78620
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Property Description
"¢ The building is located in the center of the main historic district of Dripping Springs.
"¢ The property sits front and center on Mercer St.
"¢ Nationally recognized historic building originally built in 1891.
"¢ Four contiguous city lots in the main historic district of Dripping Springs.
"¢ Six thousand square feet interior space.
"¢ Two LUE's.
"¢ Two existing businesses with shared foot traffic, with interior, middle passageway that locks when either business is closed.
"¢ Covered walkway in front with lighting.
"¢ Parking is ideal for the building with straight in parking off Mercer Street, College Street and a large parking lot behind the building.
"¢ Fenced side yard for the coffee shop, fully landscaped.
"¢ Loading dock for coffee shop.
"¢ The only historic oak tree on Mercer Street, positioned at Northwest corner front of building. The tree is located on city property, but 301 Mercer Street is the beneficiary of the beauty and shade of the tree.
"¢ Large oak positioned at back Southwest corner of building.
"¢ Potential for second floor addition over Juniper Tree business.
This is a unique opportunity for someone with the foresight to understand the potential of this property given the on-going Dripping Springs housing growth, as Hays County is one of the fastest growing county's in the nation.
Full Property Details
Full Property Details for 301 W Mercer St
General
- Price: $3,000,000
- Taxes: $8,162 (2023)
- Status: Active
- Type: Business
- MLS ID: 9491702
- Updated: 4/10/2024
- Added to Site: 20 day(s) ago
Interior
- Flooring: Laminate
Additional Information
- Equipment: None
- Other Features: None
Parking
- Total Spaces: 40
- Parking Features: Additional Parking, Common, Gated, Private
- Parking Ratio: 7
Location
- Area: HD
- County: Hays
- Subdivision: Original Town Of Dripping Spgs
- Driving Directions: Turn onto Mercer Street, building is located on the corner of Mercer and N College Street, adjacent to Sacred Moon Herbs and across the street from The Station on Mercer. Subject Building includes two businesses currently, Juniper Tree Market and Mazama Coffee Company.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Masonry – All Sides
- Disability Access: None
- Square Feet: 6,084
- Current Bldg. Use: Commercial
- Year Built: 1891
- Property Condition: Historic Design
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.4591
- Lot Size (Sq. Ft.): 19,998.4
- Lot Size Source: Public Records
Financial Considerations
- Lot Price Per Sq. Ft.: $150.01
- Tax Amount: $8,162.38
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Documents Avail.: See Remarks
- Restrictions: Zoning
- Inclusions: Building & Land
- Property ID: 1126250700005004
Listed by Stanberry REALTORS
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Schools
Schools serving 301 W Mercer St
School District:Dripping Springs Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
300 Sportsplex Dr, Dripping Spgs, TX 78620 | PK-5 | 0.3 mi | |
111 Tiger Ln, Dripping Spgs, TX 78620 | 6-8 | 1.6 mi | |
940 W Highway 290, Dripping Spgs, TX 78620 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 301 W Mercer St
Date
Details
Price
Change
Source
4/09/2024
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 301 W Mercer St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$8,652
—
$485,330
6%
2022
$8,652
-6%
$459,400
—
2021
$9,176
20%
$459,400
24%
2020
$7,632
20%
$370,320
25%
2019
$6,360
6%
$295,750
11%
2018
$6,024
-1%
$267,490
—
2017
$6,055
—
$267,490
—
2016
$6,044
—
$267,490
—
2015
$6,050
-2%
$267,490
-2%
2014
$6,167
45%
$272,470
42%
2013
$4,242
—
$191,730
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 301 W Mercer St
301 W Mercer St, Dripping Springs, TX 78620 (MLS# 9491702) is a Business property. 301 W Mercer St is currently listed for $3,000,000 and was received on April 09, 2024. Want to learn more about 301 W Mercer St? Do you have questions about finding other Business real estate for sale in Dripping Springs? You can browse all Dripping Springs real estate or contact a Coldwell Banker agent to request more information.