Exceptional C-2 zoned dividable commercial opportunity on Hwy 27 / Memorial Blvd with Guadalupe River frontage in Kerrville. The main commercial building offers approximately 2400 SF & has been extensively renovated with soaring exposed wood beam ceilings, modern track lighting, updated flooring, and an open-concept layout ideal for retail, office, restaurant, bar, art gallery, or event venue. Large windows provide natural light and river views. Improvements also include asphalt parking and site enhancements supporting strong on-site parking capacity and easy highway access. A separate 600 SF remodeled riverfront casita features a full kitchen, living area, bedroom, full bath with walk-in shower, and private deck overlooking the Guadalupe River - perfect for rental, or owner's quarters, executive office, or live/work use. Situated on approximately 2.84 acres and offering divisibility, this property provides flexibility for future development, expansion, or resale configuration. High visibility, C-2 zoning, riverfrontage, multiple structures, & income potential make this a rare investment/owner-user opportunity in one of Kerrville's most desirable commercial corridors.