Brownwood, TX 76801,300 W Commerce Street
Brownwood, TX 76801,300 W Commerce Street
Brownwood, TX 76801,300 W Commerce Street
Brownwood, TX 76801,300 W Commerce Street
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$ 615,000
Est. payment | /mo

0.58 Acres Lot


$ 615,000
Est. payment | /mo

0.58 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision J R Looney Hwy Add

MLS Listing ID 21083147

Total Fin. Sqft 1939

Year Built 1971

Annual Tax Amount $11,180

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type Retail

Property Description

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.

Location

State TX

County Brown

Zoning M1 Restricted Industrial Districe

Direction Use GPS

Interior

Heating Central

Cooling Central Air

Flooring Varies, Vinyl

Heat Source Central

Exterior

Utilities Available Asphalt, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter

Roof Type Asphalt,Spanish Tile

Accessibility Accessible Approach with Ramp

Garage No

Building

Foundation Slab

Structure Type Stucco

Others

Ownership Mid Tex

Special Listing Condition Flood Plain

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21083147

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Jason Gray • Coldwell Banker - Mark Campbell & Assc
Latoya Mack

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300 W Commerce Street