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31480729
31480730

117 East St, Hutto, TX 78634

KM
TX 658823
Christie's International @properties - Texas
Listed by Christie's International @properties - Texas
$2,000,000
471 days on market
Updated 61 days ago

The Merc Building

Details
Property Type Hospitality, Office (+1)
Sub Type Executive Office, Restaurant (+1)
Square Footage 6,000
Units 4
Cap Rate 4.40%
Occupancy 75%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Broker Co-Op Yes
Class B
Stories 2
Acreage 0.085
Zoning City of Hutto OT-5H Historic Overlay - Retail
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No

Updated Building in Historic Old Town Hutto

Marketing description

BRAND NEW DOORS and a FRESH COAT OF PAINT!

Own a piece of Hutto history located at the crossroads of where the COOP development and the soon to come Cottonwood Properties will be developed. This is a prime location at the corner of East and Farley Streets, in Historic Downtown Hutto.

This historic building was the site of the original Ed Schmidt Grocery store, built in 1890 and then converted to a residence that was featured in an old HGTV video. Link here: http://www.youtube.com/watch?v=fGaeSnJ9Ev4.

Boasting availability of 1500ft upstairs and a full 3000ft downstairs, (1500 ft upstairs has stable tenant) this building is a great opportunity for an owner occupant or restaurant to take the whole 3000ft downstairs with prime corner traffic in Old Town Hutto. There is a grease trap, gas meter and space in the building fitted to add an exhaust vent up to the roof. The roof was replaced in July 2024. Front East street facing facade has brand new Anderson Doors and a fresh coat of paint this week! Full Fire suppression system installed throughout the building. Total sq ft 6000.

Showings by appointment only.

You tube link to all McLaughlin Group Commercial Listings: https://www.youtube.com/playlist?list=PLL8clVMY5qt79fbbsnTTzE13T4RWUzuQ4

Please review City of Hutto Building Code for Zoning Ordinances and Rules around development. https://www.huttotx.gov/310/Zoning-Information

Historic Downtown Hutto Incentives

At the February 19 City Council meeting, Hutto City Council voted to approve a new incentive program designed to support the continued revitalization of Hutto’s Historic Downtown. The program will help local businesses and property owners make improvements, restore historic buildings, and invest in projects that strengthen the heart of the community.

The updated incentives include assistance for building improvements, structural repairs, and restoration projects, along with reimbursement opportunities for certain fees associated with development and permitting. The program also offers tax‑based incentives that help reduce the cost of reinvestment over time. All incentives are tied to clear guidelines and a streamlined application process to ensure fairness and transparency.

https://www.huttotx.gov/848/Incentive-Agreements

Investment highlights

Own a piece of Hutto history located at the crossroads of where the COOP district is being constructed and the soon to come Cottonwood Properties will be developed. This is a prime location at the corner of East and Farley Streets, in Historic Downtown Hutto. This historic building was the site of the original Ed Schmidt Grocery store, built in 1890 and then converted to a residence that was featured in an old HGTV video. Link here: http://www.youtube.com/watch?v=fGaeSnJ9Ev4. The space is currently used for retail and restaurant/bar plus a karate school. With 4500 square feet leased, and approx 1500 available, have some tenants cover costs while planning for the long term development of this property. There is a grease trap located in the Frostie's location downstairs that can be expanded, and the building was fitted with the ability to ad an exhaust vent up to the roof. The roof was replaced in July. Full Fire suppression system installed throughout building. Showings by appointment only. Please do not disturb tenants.

Listing Contacts

KM
TX 658823
Christie's International @properties - Texas
Listed by Christie's International @properties - Texas

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Additional Information

Name
Kelli McLaughlin
License
658823
Brokerage
The McLaughlin Group at Christie's International Real Estate Lone Star
Brokerage Phone
5126956588
Title
Broker Associate, Team Lead
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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