1423 COGGIN AVENUE, BROWNWOOD, TX 76801

Homes for sale in Brownwood.

Homes for sale in 76801.


Active

List Price$590,000

1423 Coggin Avenue

Brownwood, TX 76801

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21267307

8,050

Square Feet

1

Number of Units

Commercial

Type

About This Property

A spacious office building offering more than 8,000 sq. ft. in a highly visible, high traffic location. This exceptional investment opportunity has been a long-term leased property since 2007 and was originally purchased in 1983 by members of the current ownership family. The property is currently leased and occupied by approximately 35 employees and features parking accommodations for roughly 30 vehicles. Inside, the building includes 14 private offices, 7 large collaborative work areas, 2 conference rooms, 2 restrooms, and a dedicated employee break room. Numerous updates and improvements have been completed over the years, including plumbing, electrical, flooring, ADA compliance upgrades, and asbestos abatement. Contact the listing agent for additional information regarding property and current lease terms. This property would make a great 1031 tax exchanage investment.

Property Features

Location Information

County

Brown

Subdivision

Ford Add

Interior Features

Has Fireplace

No

Floors

Concrete

Heating

Central, Natural Gas

Tenant Pays

All Utilities, Janitorial Service, Water

Cooling

Central Air, Electric

Total Number of Units

1

Exterior Features

Construction

Block

Lot Size in Sq. Ft.

21,736

Foundation

Slab

Possible Best Use

Medical/Dental, Office

Roof

Other

Zoning

Commercial

Utilities

Sewer Available, Water Available

Building Total Area (Sq. Ft.)

8,050

Parking Description

Parking Lot

Is One Story

No

Lot Size in Acres

0.499

Additional Information

Year Built Details

Preowned

Tax Annual Amount

10268.0

Property Type

COM

Exclusions

All office equipment and furnishings

Property SubType

Office

Lot Acres Source

Assessor

Status

Active

Similar Listings

Mortgage Calculator

$2,754

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,126

Monthly Tax

$491

Monthly Insurance

$137

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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