300 W COMMERCE STREET, BROWNWOOD, TX 76801

Homes for sale in Brownwood.

Homes for sale in 76801.


300 W Commerce Street

Brownwood, TX 76801

Status of the property has changed, please contact for details

List Price$615,000

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

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

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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.

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