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The Shops at Blanco 902 Main St 7,426 SF 53% Leased Office Building Blanco, TX 78606 $1,595,000 ($214.79/SF) 7.46% 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
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
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
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!
$1295 monthly! This retail or office suite features a full kitchen and 2 large private fenced in outdoor areas. Tenant covers electric, water, gas.
$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
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
Contact the Sale Advisor
The Shops at Blanco | 902 Main St

