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The Shops at Blanco 902 Main St 7,426 SF 59% Leased Office Building Blanco, TX 78606 $1,750,000 ($235.66/SF) 6.80% Cap Rate



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 and discover a one-of-a-kind mixed-use compound in the heart of the Texas Hill Country in Blanco.
EXP Marketing Group, Inc. is pleased to present an exceptional opportunity to acquire a thoughtfully reimagined property offering a blend of retail and residential income potential. Ideally situated along the rapidly growing U.S. Highway 281, the property is just five blocks from Blanco’s vibrant downtown square, known for its charm, local businesses, and steady tourism.
Set on approximately 0.98 acres, the property features prime highway frontage—an increasingly rare offering in this highly desirable Hill Country corridor. The site has been extensively renovated and repositioned, with the main structure converted into multiple retail suites and additional buildings offering flexible residential or short-term rental opportunities.
The property stands out for its curated design and inviting atmosphere, highlighted by professionally landscaped green spaces and thoughtfully designed interiors throughout. With over $1.2 million in capital improvements by prior ownership, the asset offers a strong foundation for immediate income generation, with additional upside through lease-up, rental optimization, or further branding.
The interiors feature a modern farmhouse design, creating a clean and inviting atmosphere across both retail and residential spaces. The retail suites are well-suited for boutique shops, cosmetic shops, offices, or service-based businesses. All spaces are equipped with contemporary amenities such as kitchenettes or break areas, Wi-Fi, and smart TVs where applicable. Beautifully landscaped grounds include shaded seating areas, picnic tables, fire pits, and a pergola, ideal for gatherings and shared community outdoor use.
EXP Marketing Group, Inc. is pleased to present an exceptional opportunity to acquire a thoughtfully reimagined property offering a blend of retail and residential income potential. Ideally situated along the rapidly growing U.S. Highway 281, the property is just five blocks from Blanco’s vibrant downtown square, known for its charm, local businesses, and steady tourism.
Set on approximately 0.98 acres, the property features prime highway frontage—an increasingly rare offering in this highly desirable Hill Country corridor. The site has been extensively renovated and repositioned, with the main structure converted into multiple retail suites and additional buildings offering flexible residential or short-term rental opportunities.
The property stands out for its curated design and inviting atmosphere, highlighted by professionally landscaped green spaces and thoughtfully designed interiors throughout. With over $1.2 million in capital improvements by prior ownership, the asset offers a strong foundation for immediate income generation, with additional upside through lease-up, rental optimization, or further branding.
The interiors feature a modern farmhouse design, creating a clean and inviting atmosphere across both retail and residential spaces. The retail suites are well-suited for boutique shops, cosmetic shops, offices, or service-based businesses. All spaces are equipped with contemporary amenities such as kitchenettes or break areas, Wi-Fi, and smart TVs where applicable. Beautifully landscaped grounds include shaded seating areas, picnic tables, fire pits, and a pergola, ideal for gatherings and shared community outdoor use.
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
Building Size
7,426 SF
Building Class
C
Year Built/Renovated
1935/2024
Price
$1,750,000
Price Per SF
$235.66
Cap Rate
6.80%
NOI
$119,000
Percent Leased
59%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,426 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
- 1st Fl-Ste 102
- 167 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 102 | 167 SF | Office | - | Now |
| 1st Fl-Ste 102 | 167 SF | Office | - | Now |
1st Fl-Ste 102
| Size |
| 167 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 102
| Size |
| 167 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R1602 | Total Assessment | $1,284,050 (2025) |
| Land Assessment | $206,180 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,077,870 (2025) | Tax Year | 2026 |
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
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Videos
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Photos
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The Shops at Blanco | 902 Main St
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