Current Use by Public Records
- Retail properties & Spaces
Property Details for 102 Fisk Ave
- Year built
- 1876
- Lot size
- 0.98 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional 24,985 square foot retail property, situated on a 0.98-acre lot at 102 Fisk Avenue in Brownwood, Texas, presents a unique investment opportunity. Built circa 1876, this beautifully preserved historical building underwent extensive renovations in 2019, resulting in a stunning blend of old-world charm and modern functionality. Currently configured as a restaurant and bar, the property boasts a new roof and HVAC system, ADA-compliant restrooms, and meticulously restored brick and plaster walls. The interior features a combination of concrete and wood flooring, and a fully equipped commercial kitchen. An outdoor patio complete with a stage adds to the property's versatility. The building's layout includes approximately 14,000 square feet per floor. The first floor comprises 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 generates an approximate annual net operating income (NOI) of $40,000 from its current tenant, Wild Duck Sports Bar. Located in the revitalizing downtown Brownwood, a regional hub experiencing significant public and private investment, this property benefits from its proximity to the historic Brownwood Hotel, currently undergoing renovations with a projected reopening in the next few years. This presents a rare chance to acquire a piece of Texas history with strong income potential and significant upside in a thriving market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brownwood
- County
- Brown
- State
- Texas
- Longitude
- -98.9799
- Latitude
- 31.7206
