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209 S Main Street

Salado, TX 76571
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Bed 3

Bed

Bath 5

Bath

SqFt3,295

Sqft

Acres0.57

Acre(Lot)

If you've been looking for a property that generates income from day one, The Union on Main delivers exactly that. Leases are in place across a diversified tenant mix, including retail, boutique, salon, office, and massage, with RENT ESCALATIONS ALREADY BUILT IN. Each suite has its own dedicated entrance, yet the entire lower level opens into itself, offering flexibility and more opportunity. The upstairs suite, featuring 2 bedrooms, a bathroom, kitchen, and living area, and the gazebo suite, a 1 bedroom with bathroom, each offer potential as an Airbnb or private apartment, creating MULTIPLE REVENUE STREAMS. Known historically as the Old Davis Mill and designated as Historic Salado Site 18, this 1800s landmark sits on .57 acres in the heart of the Historic Village of Salado, offering 3,295 sq ft of office and retail space plus additional storage and utility space. Thoughtfully updated while preserving its original character, the property features newer siding, a freshly painted exterior, updated HVAC systems, and is on city sewer. Outside, you'll find covered porches, a covered deck, a gazebo deck, a stone walkway, dedicated parking, and an event-friendly concrete patio, perfect for vendor tents or outdoor showcases during Salado's many festivals and events. Positioned directly on Main Street with +/- 100 feet of PRIVATE SALADO CREEK FRONTAGE, opportunities like this are rare. One of Central Texas’s most beloved destinations, Salado offers a walkable downtown with dining, shopping, antiques, and live music, all just off I-35. Locals and visitors alike are drawn to its history, creative spirit, golf-cart friendly paths, and relaxed rhythm of life. Just across the creek from Barrow Brewing, this property sits at the heart of it all, blending strong investment potential with Salado’s signature laid-back lifestyle. Whether you’re looking to run a business or expand your rental portfolio, this is it. Financials available upon request.

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Detail Ic Property Details

Property Type : Residential

Price : $1,250,000

AD Id : 77851016

MLS Id : 612378

Beds : 3

Lot Size : 0.57 Acre

Living Area Size : 3,295

Year Built : 1987

County : Bell

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 5 Full Baths: 2 Half Baths: 3

    Room Information

    Rooms Total: 2

    Roofing Information

    Metal
  • Interior Features

    Other, SeeRemarks
    Roof: Metal
    Appliances: Other, SeeRemarks
    Laundry Features: LaundryInUtilityRoom, LaundryRoom
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir Water front: 1

  • Building Information

    Year Built: 1987
    Construction Materials: WoodSiding
    Stories: 2
    Patio And Porch Features: Balcony, Covered, Deck, Patio, Porch
    Pool Features: None
    Private Pool: No
    View: CreekStream, Water
  • Exterior Features

    Exterior Features: Balcony, CoveredPatio, Deck, Other, Porch, SeeRemarks, WaterFeature

  • Lot Information

    Lot Size Acres: 0.569

  • Listing Price Information

    Listing Price: $1250000
    Other, SeeRemarks

  • Tax Information

    Parcel Number: 48988 Tax Lot: 1 Tax Legal Desc: A0398BC H W HURD, (OUTLOT), SALADO HOMES, ACCENTS OF SALADO, ACRES 0.569

  • Utility Information

    HighSpeedInternetAvailable, Other, SeeRemarks
  • Location Information

    Direction: Use property address in GPS; From I-35 N: Take exit 284 onto S Main St, for 0.4 miles continue onto S Main St, in 0.5 the property is on your right. From I-35 S: Take exit 284, in 0.7 miles turn left onto Thomas Arnold Rd, in 800 ft turn right onto S Main St, in 800ft property is on left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15073 Armstrong Estates.., Salado, TX, 76571 $569,000 4 3 2,404 2,404 SqFt
1782 Running Creek Drive, Salado, TX, 76571 $899,900 4 4 3,566 3,566 SqFt
15006 Armstrong Estates, Salado, TX, 76571 $591,000 3 3 1,843 1,843 SqFt
1928 Running Creek Drive, Salado, TX, 76571 $3,100,900 5 7 6,325 6,325 SqFt
TBD-LOT 23 Armstrong Es.., Salado, TX, 76571 $110,000 -- -- --
TBD-LOT 21 Armstrong Es.., Salado, TX, 76571 $110,000 -- -- --
TBD-LOT 22 Armstrong Es.., Salado, TX, 76571 $110,000 -- -- --
1928 Running Creek Drive, Salado, TX, 76571 $3,100,900 5 7 6,325 6,325 SqFt
TBD-LOT 25 Armstrong Lo.., Salado, TX, 76571 $95,000 -- -- --
TBD-LOT 24 Armstrong Lo.., Salado, TX, 76571 $95,000 -- -- --

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 06/07/2026 @ 11:21

MLS: 612378 LISTED BY: Arion Crenshaw, Engel & Volkers Austin 512-328-3939 SOURCE: CTEXAS

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