1423 COGGIN AVENUE, BROWNWOOD, TX 76801
Homes for sale in Brownwood.
Homes for sale in 76801.
List Price$590,000
1423 Coggin Avenue
Brownwood, TX 76801
Listing #21267307
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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