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Investment Highlights

  • Prime Main Street frontage at 902 Main with direct access to Hwy 281
  • Large outdoor entertainment space ideal for events, dining, or food trucks
  • Prominent marquee signage offering high-visibility branding directly on Main Street
  • Fully remodeled in 2024 with modern retail/office finishes
  • Flexible suite layout suited for retail, office, or mixed-use concepts

Executive Summary

Escape the city to the heart of the Texas Hill Country with this fully renovated and highly visible commercial property on HWY 281 in Blanco, TX. The Shops at Blanco features 17 flexible retail and office suites, offering a rare opportunity for boutique shops, service-based tenants, galleries, tasting rooms, or experiential retail concepts.
In addition to the main building, the property includes a separate two-story structure that can serve as additional retail space, office use, live/work units, or short-term rental/Airbnb accommodations, providing exceptional versatility for an owner-user or investor.
Located just five blocks from Blanco’s vibrant downtown square and within walking distance to Real Ale Brewing, Milam & Greene Whiskey, and Oro Bianco Gelato, the property benefits from strong local draw and growing regional tourism. Its prime highway frontage offers excellent visibility and steady traffic exposure along a key corridor experiencing significant growth.
The landscaped grounds span approximately 0.98 acres and can be utilized for community events; market days, music and customer gatherings. The property has been extensively renovated with $1,200,000+ in improvements in 2023–2024, blending historic Texas character with modern functionality. Broker Owner, call for additional details. Additionally the rear of the property is also available for Buyer to obtain control of an entire city block!

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,426 SF
Building Class
C
Year Built/Renovated
1935/2024
Price
$1,595,000
Price Per SF
$214.79
Cap Rate
7.46%
NOI
$119,000
Percent Leased
53%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,243 SF
Building FAR
0.17
Lot Size
0.98 AC
Zoning
C - Commercial
Parking
22 Spaces (2.96 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 102
  • 167 SF
  • Office
  • -
  • Now

167 sq/ft All Bills Paid $550 month, please contact us if you'd like to get on the waitlist for a space like this!

  • 1st Fl-Ste Bluebonnet
  • 672 SF
  • Office
  • Full Build-Out
  • Now

$1295 monthly! This retail or office suite features a full kitchen and 2 large private fenced in outdoor areas. Tenant covers electric, water, gas.

  • 1st Fl-Ste Roundup
  • 672 SF
  • Office
  • Full Build-Out
  • Now

$1195 Monthly, this 2nd Story suite features 2 private offices, a full restroom, a conference area, an outdoor patio and a break area! Tenant covers electric, water, gas

Space Size Space Use Build-Out Available
1st Fl-Ste 102 167 SF Office - Now
1st Fl-Ste Bluebonnet 672 SF Office Full Build-Out Now
1st Fl-Ste Roundup 672 SF Office Full Build-Out Now

1st Fl-Ste 102

Size
167 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste Bluebonnet

Size
672 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste Roundup

Size
672 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 102

Size 167 SF
Space Use Office
Build-Out -
Available Now

167 sq/ft All Bills Paid $550 month, please contact us if you'd like to get on the waitlist for a space like this!

1st Fl-Ste Bluebonnet

Size 672 SF
Space Use Office
Build-Out Full Build-Out
Available Now

$1295 monthly! This retail or office suite features a full kitchen and 2 large private fenced in outdoor areas. Tenant covers electric, water, gas.

1st Fl-Ste Roundup

Size 672 SF
Space Use Office
Build-Out Full Build-Out
Available Now

$1195 Monthly, this 2nd Story suite features 2 private offices, a full restroom, a conference area, an outdoor patio and a break area! Tenant covers electric, water, gas

Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
R1602
Land Assessment
$206,180 (2025)
Improvements Assessment
$1,077,870 (2025)
Total Assessment
$1,284,050 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 40403849

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 902 Main St, Blanco, TX 78606

Contact the Sale Advisor

The Shops at Blanco | 902 Main St

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