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$2,200,000 Just Listed
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Property Description
Positioned along one of Kerrville's most recognizable and evolving commercial corridors, this rare 1.75 acre multi-tenant investment opportunity offers a compelling blend of stabilized income, strong visibility, and long-term upside potential. Spanning multiple contiguous parcels along Water Street, Broadway, and G Street, the property is home to an established collection of local businesses including Blue Roan Coffee Co., STP&S Benjamin Moore Paints, East End Vintage Market, and East End Pizza Co. The diverse tenant mix creates a vibrant destination atmosphere while generating multiple streams of rental income and steady daily traffic. Currently operating as a stabilized income-producing asset with established tenancy already in place, the property offers immediate cash flow while still presenting future potential for continued growth, redevelopment, expansion, or repositioning. Prominent frontage, established improvements, and a highly visible in-town location surrounded by continued growth and revitalization further enhance the long-term appeal of this unique commercial offering. Businesses are not for sale. Offering is for real estate only.
Full Property Details
Full Property Details for 1700 Water St
General
- Price: $2,200,000
- Taxes: $23,003
- Status: Active
- Type: Retail
- Source: 1210
- MLS ID: 104676
- Updated: 6/3/2026
- Added to Site: 2 day(s) ago
Parking
- Parking: Gravel
Location
- County: Kerr
- Subdivision: J A Tivy Addition
School Information
- School District: Kerrville
Heating & Cooling
- Heating Type: Electric, Central
Utilities
- Utility Description: Water Connected, Sewer Connected, City, Electricity Connected
Structural Information
- Architectural Style: Retail, Restaurant
- Construction: Stucco, Other
- Roof: Composition, Flat
- Sq. Ft. Source: Appraiser
Lot Features
- Lot Size (Acres): 1.75
- Topography: Level, Few Trees, Open Lot
- Zoning: MUD
- Fencing (Description): None
Financial Considerations
- Tax Amount: $23,003.1
Listed by Fore Premier Properties (830) 459-4000
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Schools
Schools serving 1700 Water St
School District:Kerrville Independent School District
| Name | Grades | Distance |
|---|---|---|
Fred High Tally Elementary School 1840 Goat Creek Road, Kerrville, TX 78028 | K-5 | 3.4 mi |
Peterson Middle School 3175 Loop 534, Kerrville, TX 78028 | 6-8 | 1.4 mi |
Tivy High School 3250 Loop 534, Kerrville, TX 78028 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1700 Water St
Date
Details
Price
Change
Source
6/03/2026
Listed
$2,200,000
—
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 1700 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,294
-46%
$535,523
1%
2023
$9,824
96%
$528,757
116%
2021
$5,009
-48%
$245,351
-48%
2022
$9,688
131%
$475,426
141%
2020
$4,200
-16%
$197,281
-12%
2019
$5,027
33%
$223,046
34%
2018
$3,787
1%
$166,333
—
2017
$3,763
48%
$166,333
49%
2016
$2,536
1%
$111,525
—
2015
$2,520
—
$111,525
-2%
2013
$2,520
—
$113,566
—
2012
$2,520
—
$113,566
—
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 1700 Water St
1700 Water St, Kerrville, TX 78028 (MLS# 104676) is a Retail property. 1700 Water St is currently listed for $2,200,000 and was received on June 03, 2026. Want to learn more about 1700 Water St? Do you have questions about finding other Retail real estate for sale in Kerrville? You can browse all Kerrville real estate or contact a Coldwell Banker agent to request more information.

