508 N CENTER AVENUE #B, BROWNWOOD, TX 76801
Homes for sale in Brownwood.
Homes for sale in 76801.
List Price$849,000
508 N Center Avenue #B
Brownwood, TX 76801
Listing #20788452
About This Property
Welcome to Shaw's Market Place, the gateway to historic Downtown Brownwood. This established business has become the destination for locals and weekend warriors alike. When someone wants to explore Brownwood, they start at Shaw's Market Place. The property is located right on the edge of Downtown Brownwood and just off of Main st., which boasted a daily traffic count of over 12,000 cars in 2023. Inside, the property has multiple tenants paying both rent and a percentage of their gross sales. This business model helps diversify cash flow and ensures that there is constant money coming in every months. The property also includes an updated outdoor space complete with a turf field, beautiful landscaping, and modern outdoor furniture. This space makes for a great place for customers to relax and enjoy downtown without leaving Shaw's Market Place. It also has untapped income potential as a rentable event venue. Do not miss out on your opportunity to own one of Downtown Brownwood's most prominent businesses.
Property Features
Location Information
County
Brown
Subdivision
Brownwood Proper
Interior Features
Has Fireplace
No
Floors
Concrete
Heating
Central
Tenant Pays
None
Cooling
Central Air
Total Number of Units
1
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
14,461
Foundation
Slab
Possible Best Use
Retail
Roof
Composition
Zoning
Commercial
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
7,153
Parking Description
On Street
Is One Story
No
Lot Size in Acres
0.332
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
10194.0
Property SubType
Business
Lot Acres Source
Other
Similar Listings
Mortgage Calculator
$3,964
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,059
Monthly Tax
$707
Monthly Insurance
$198
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
Listing courtesy of
Zane Martin, Coldwell Banker - Mark Campbell & Assc
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NTREIS - North Texas data last updated at May 21, 2026, 11:54 AM CT
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