102 Fisk Ave Brownwood, TX 76801

This exceptional 24,985 square foot restaurant property at 102 Fisk Ave, Brownwood, TX 76801, presents a unique redevelopment investment opportunity. Built in 1876 and extensively renovated in 2019, this two-story building boasts significant historical character and modern amenities. The property features a fully operational restaurant and bar currently operating at 100% occupancy with a Net Operating Income (NOI) of $40,000 annually, under a Net Net lease with four years remaining. The building includes a commercial kitchen, ADA-compliant restrooms, restored brick and plaster walls, concrete and wood floors, and an outdoor patio with a stage. The first floor offers approximately 4,000 square feet of retail space divided into two rooms, a 500 square foot office area, and substantial warehouse storage. Ample parking is available with approximately 40 spaces on-site, supplemented by street parking. The property sits on a one-acre lot and is located in the heart of Downtown Brownwood, a revitalizing area experiencing significant public and private investment. The asking price is $685,000. This presents a rare chance to acquire a piece of Texas history with strong income potential and significant upside in a growing market. The adjacent Brownwood Hotel is also undergoing a major renovation, further enhancing the area's appeal and potential for future growth.