301 W Mercer St Dripping Springs, TX $ 2,890,000
301 W Mercer St
$ 2,890,000
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301 W Mercer St

Dripping Springs, TX, 78620
$ 2,890,000
Baths0.0 Sq 6,084

Monthly Estimate*

$ 19,208

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Studio

Commercial Property for sale in Dripping Springs, TX

for $2,890,000. This 6,084 square foot building was built in 1891 on a lot size of 0.4591.

• 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.

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Commercial Active

Price

$ 2,890,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,162

Style

Business

Lot Size

0.4591

Year Built

1891

Town/City

Dripping Springs

County/Region

Hays

MLS | Web ID

9491702

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Security Features None
Construction Materials Masonry – All Sides
Year Built 1891
Property SubType Business
Tax Year 2023
Current Use Commercial
Accessibility None
County Hays
Operating Expense 0
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Original Town Of Dripping Spgs
Building Features Fenced Outside Storage Private Restrooms Public Restrooms
Green Sustainability None
Other Structures None
Status Active
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
City Dripping Springs
Disclosures Seller Disclosure
MLS Area HD
Lot Size Square Feet 19998.4
Waterfront Y/N N
Street Name Mercer
Tax Annual Amount 8162.38
Property Condition Historic Design
Additional Parcels Y/N N
Leasable Area 6084
Lease Type NNN
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 485330
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Interior
Flooring Laminate
Street Suffix ST
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Additional Parking Common Gated Private
Water Source Public
Total Parking 40
Number of Buildings 1
Building Area Total 6084
Lot Size Acres 0.4591
Lot Size Source Public Records
Other Equipment None
Horse Y/N N
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Internal Only
Street Number 1 301
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* Excluded Features
List By
Scott Daves

Listing Agent

Stanberry Realtors

Broker

scott@stanberry.com

Email

Affordability Calculator

$19,888
Per Month
97%
3%
0%
Monthly Principal & Interest
$19,208
Monthly Property Taxes
$680
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2024$2,890,000 -3.67% Price Down
4/9/2024$3,000,000 Listed Price

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301 W Mercer St, Dripping Springs, TX, 78620 is a Commercial Property for sale at $2,890,000 with 6,084 sqft and a lot size of 0.4591. 301 W Mercer St is a studio with 0.0 baths and was built in 1891. The property's zip code is 78620 which is in Dripping Springs, TX