$1,750,000
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300 W Mercer ST Dripping Springs, TX 78620
4,393 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 4,393 sqft
Price per Sqft $348
Subdivision Dripping Spgs Academy Blk
MLS Listing ID 1756018
Sold Date 10/28/19
Tax Year 2017
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type Office
Source actris
Property Description
Trophy properties rarely come on the market with a great cap rate. 6.72! Most prominent location in Drippings Springs is quickly emerging into the entertainment, shopping & tourist district. This landmark building is in exceptional condition with a huge parking lot. Dripping Springs is thriving! Exemplary schools, Hill Country beauty and destination wine/wedding tourism. The average area income is over $115,000.Restrictions: Yes
Location
State TX
County Hays
Area Hd
Interior
Heating Central
Cooling Central Air
Flooring Wood
Furnishings Unfurnished
Fireplace N
Exterior
Exterior Feature None
Pool None
Community Features None
Utilities Available Electricity Available, High Speed Internet
Waterfront Description None
View Y/N No
Roof Type Metal
Accessibility None
Porch None
Total Parking Spaces 20
Private Pool No
Building
Lot Description Alley, Corner Lot, Level
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Other
Others
Pets Allowed No
Restrictions City Restrictions,Deed Restrictions
Acceptable Financing Cash, Conventional
Tax Rate 2.2637
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Allowed No
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