300 W COMMERCE STREET, BROWNWOOD, TX 76801
Homes for sale in Brownwood.
Homes for sale in 76801.
300 W Commerce Street
Brownwood, TX 76801
List Price$615,000
Listing #21083147
1,939
Square Feet
1
Number of Units
Commercial
Type
About This Property
Prime NNN investment opportunity featuring a national tenant, Verizon Wireless, currently under lease through August 31, 2028. This property offers a strong 8% cap rate and stable, long-term income from one of the nation's leading wireless providers. Strategically positioned along W Commerce Street, US Hwy 67, one of Brownwood's busiest commercial corridors the site benefits from an average daily traffic count of 17,366 vehicles, ensuring exceptional visibility and consistent exposure. The building is well-maintained, with modern construction and an attractive retail façade that complements surrounding national retailers. Ample parking and easy ingress and egress from the front and the back make this a turnkey, passive income property ideal for both seasoned and new investors alike.
Property Features
Location Information
County
Brown
Subdivision
J R Looney Hwy Add
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities, Insurance, Repairs
Heating
Central
Total Number of Units
1
Cooling
Central Air
Accessibility
Accessible Approach with Ramp
Floors
Vinyl
Exterior Features
Construction
Stucco
Lot Size in Sq. Ft.
25,264
Foundation
Slab
Possible Best Use
Retail
Roof
Asphalt, Spanish Tile
Zoning
M1 Restricted Industrial Districe
Water / Sewer
Electricity Connected, Natural Gas Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
1,939
Utilities
Electricity Connected, Natural Gas Available, Separate Meters, Water Available
Road Description
Asphalt
Parking Description
Additional Parking, Asphalt, Direct Access
Is One Story
No
Lot Size in Acres
0.58
Additional Information
Year Built Details
Preowned
Status
Active Under Contract
Property Type
COM
Tax Annual Amount
11180.0
Property SubType
Retail
Lot Acres Source
Assessor
Year Built
1971
Similar Listings
Mortgage Calculator
$2,871
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,216
Monthly Tax
$512
Monthly Insurance
$143
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.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder
