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Investment Highlights

  • Heavy weekend foot traffic
  • 2 buildings
  • 100% occupancy

Executive Summary

Two commercial buildings fronting Royal Street in Salado. Own a little bit of history with the Old Red School house on Royal. Both buildings are tenant occupied to provide steady income until 2026. With over 1,250 SF combined, the possibilities abound.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $2,920 $1.84
Other Income - -
Vacancy Loss - -
Effective Gross Income $2,920 $1.84
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $2,920
Annual Per SF $1.84
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $2,920
Annual Per SF $1.84
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,585 SF
Building Class
C
Year Built
1935
Price
$490,000
Price Per SF
$309.15
Percent Leased
43%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.15 AC
Zoning
HD - Historic District
Parking
2 Spaces (1.26 Spaces per 1,000 SF Leased)
Frontage
77’ on Royal St

Amenities

  • Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Tex 28 Outfitters
  • Retailer
  • -
  • -
  • Sep 2026
Tenant Industry SF Occupied Rent/SF Lease End
Tex 28 Outfitters Retailer - - Sep 2026

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • B
  • 900 SF
  • Office/Retail
  • -
  • Now

Step away from the ordinary and into a space full of character. Located within a beautifully preserved historic schoolhouse, this approximately 900-square-foot suite offers a distinctive setting that today's businesses can't replicate with new construction. Featuring timeless architectural charm, high ceilings, abundant natural light, and a memorable atmosphere, this space is ideal for professionals and entrepreneurs looking to create an experience for their clients—not just an office. Situated next to Barrow Brewing, the location benefits from a steady flow of visitors, community events, and a destination atmosphere that draws people from throughout Central Texas. Clients and customers will appreciate the unique environment, ample character, and convenient access. Whether you're building a brand, meeting clients, or creating something new, this one-of-a-kind schoolhouse space offers the opportunity to work in a setting that is both inspiring and unforgettable.

Space Size Space Use Position Available
B 900 SF Office/Retail - Now

B

Size
900 SF
Space Use
Office/Retail
Position
-
Available
Now

B

Size 900 SF
Space Use Office/Retail
Position -
Available Now

Step away from the ordinary and into a space full of character. Located within a beautifully preserved historic schoolhouse, this approximately 900-square-foot suite offers a distinctive setting that today's businesses can't replicate with new construction. Featuring timeless architectural charm, high ceilings, abundant natural light, and a memorable atmosphere, this space is ideal for professionals and entrepreneurs looking to create an experience for their clients—not just an office. Situated next to Barrow Brewing, the location benefits from a steady flow of visitors, community events, and a destination atmosphere that draws people from throughout Central Texas. Clients and customers will appreciate the unique environment, ample character, and convenient access. Whether you're building a brand, meeting clients, or creating something new, this one-of-a-kind schoolhouse space offers the opportunity to work in a setting that is both inspiring and unforgettable.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
PNC Bank
Bush's Chicken
Brookshire Brothers

Property Taxes

Property Taxes

Parcel Number
25996
Land Assessment
$39,984 (2025)
Improvements Assessment
$33,438 (2025)
Total Assessment
$73,422 (2025)
  • Listing ID: 36289718

  • Date on Market: 6/17/2025

  • Last Updated:

  • Address: 112 Royal St, Salado, TX 76571

Contact the Sale Advisor

112 Royal St

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