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1008 S Rock St 4,029 SF 100% Leased Office Building Georgetown, TX 78626 $1,430,295 ($355/SF)



Investment Highlights
- Direct sale or up to 2-year seller leaseback- will entertain all reasonable offers
- Charm factor displays well for ambiance and customer appeal
- Great use for Attorney, Financial Services, Title Company, Retail Store, Restaurant, Professional Businesses
- Windows all around for nice, natural light throughout
Executive Summary
Rare!! Mixed-Use property in the Historic District and Georgetown Square pocket. Can be used for Office, Retail and Live/Work Scenarios. Move-In Ready for variety of uses or light improvements based on operational interests. Advanced notice needed for tours.
Seller can sell for buyer's immediate use or provide up to a 2-year leaseback at general market lease rates for investors, price subject to change based on final term and rate. Leaseback can be good for users who don't immediately need to occupy the space but want to control their upcoming space needs for transitions into or around the extended Georgetown Square business community. Will entertain all reasonable offers. Owner is a contractor and if any improvement work desired by new User/Investor it can be blended into a sale/improvement scenario for cost control and savings opportunity.
Corner lot with high visibility/signage in desirable location, 2 blocks from the Georgetown Square. Full bathroom x 2, Half bathroom x2, has single fireplace with ability to be used in two (2) adjacent rooms, large loft space with full bathroom entered into from kitchen area (former master bedroom). Fantastic walkability for lunches, breaks and business services. One of the last properties with Mixed-Use zoning in the Historic District. Sits on approximately 1/3rd acre lot, has pier and beam construction and onsite/offsite parking available.
RENOVATIONS include the following: an updated est. 301sf detached, windowed office with AC, new est. 472sf office extension in back of main house (with bathroom/sink plumbing infrastructure), new paint inside and out, pier and beam reinforcements, privacy fence, ADA ramp, landscaping, aluminum wires, cast iron plumbing replaced and original wood flooring refinished (see pictures).
Seller can sell for buyer's immediate use or provide up to a 2-year leaseback at general market lease rates for investors, price subject to change based on final term and rate. Leaseback can be good for users who don't immediately need to occupy the space but want to control their upcoming space needs for transitions into or around the extended Georgetown Square business community. Will entertain all reasonable offers. Owner is a contractor and if any improvement work desired by new User/Investor it can be blended into a sale/improvement scenario for cost control and savings opportunity.
Corner lot with high visibility/signage in desirable location, 2 blocks from the Georgetown Square. Full bathroom x 2, Half bathroom x2, has single fireplace with ability to be used in two (2) adjacent rooms, large loft space with full bathroom entered into from kitchen area (former master bedroom). Fantastic walkability for lunches, breaks and business services. One of the last properties with Mixed-Use zoning in the Historic District. Sits on approximately 1/3rd acre lot, has pier and beam construction and onsite/offsite parking available.
RENOVATIONS include the following: an updated est. 301sf detached, windowed office with AC, new est. 472sf office extension in back of main house (with bathroom/sink plumbing infrastructure), new paint inside and out, pier and beam reinforcements, privacy fence, ADA ramp, landscaping, aluminum wires, cast iron plumbing replaced and original wood flooring refinished (see pictures).
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,029 SF
Building Class
B
Year Built/Renovated
1950/2022
Price
$1,430,295
Price Per SF
$355
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,728 SF
Building FAR
0.31
Lot Size
0.30 AC
Zoning
Mixed Use - Mixed-Use allows for uses as Office, Retail, Restaurant, Home or combination of these uses.
Parking
10 Spaces (2.48 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Courtyard
- Food Service
- Restaurant
- Signage
- Storage Space
- Outdoor Seating
- Air Conditioning
Walk Score®
Very Walkable (88)
Property Taxes
| Parcel Number | R043208 | Improvements Assessment | $792,382 |
| Land Assessment | $320,728 | Total Assessment | $1,113,110 |
Property Taxes
Parcel Number
R043208
Land Assessment
$320,728
Improvements Assessment
$792,382
Total Assessment
$1,113,110
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Presented by
Ferris Commercial Real Estate
1008 S Rock St
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