400 W Old Hwy 290 Dripping Springs, TX 78620
18,060 SqFt
UPDATED:
09/02/2024 10:57 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 18,060 sqft
Price per Sqft $802
Subdivision Philip A Smith Survey
MLS Listing ID 9156164
Originating Board actris
Year Built 2001
Tax Year 2024
Lot Size 22.713 Acres
Property Description
There is city water on the property. The facility and house are on septic. The property has assignments from the city of 63 LUEs, with a potential of 30 additional LUEs, once the city sewer reaches it.
There is a gorgeous 16,006 SF facility recently vacated by a private school. The facility was formerly used as a memory care center, so it could be used for assisted living, memory care, rehab, mini-hospital, office, wellness center, or other. This facility has 17 rooms, 22 bathrooms (including 4 showers), a large dining room and kitchen, a large fitness room, plus many meeting rooms, waiting rooms, offices, and courtyards. This beautiful acreage is home to deer and other wildlife right in the heart of booming Dripping Springs, near Austin. The seller maintains a wildlife tax exemption. The property is zoned commercial and could potentially be used as multi-family. This property also includes a 2054 SF house, which is leased to a private school, and a large metal building with an office.
This property is optimally located with 22.7 acres and approximately 2,700' of frontage in very central Dripping Springs. The seller was once approached to build-to-suit a physical rehab center along Roger Hanks by a popular hospital. This could be a winning option for a section of the frontage, but many options are possible.
Owner/Broker.
Location
State TX
County Hays
Zoning CS - Commercial Zoning
Interior
Heating Central, Electric, Exhaust Fan, Fireplace(s), Hot Water, Separate Meters, Zoned
Cooling Central Air
Flooring Tile, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Connected, High Speed Internet, Phone Available, Water Connected
View Pasture, Trees/Woods
Accessibility Accessible Bedroom, Central Living Area, Accessible Closets, Common Area, Customized Wheelchair Accessible, Accessible Entrance, Accessible Full Bath, FullyAccessible, Accessible Hallway(s), Hand Rails, Accessible Kitchen, Accessible Kitchen Appliances
Total Parking Spaces 26
Building
Sewer Aerobic Septic
Water Public
Structure Type HardiPlank Type,Stone
New Construction No
Others
Restrictions Lease
Acceptable Financing Cash, Conventional, SBA
Tax Rate 0.0168182
Listing Terms Cash, Conventional, SBA
Special Listing Condition Standard
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