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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

102 Fisk Ave Brownwood, TX 76801

24,985 SF 0.98 ac lot Built 1876
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1876
Total area 24,985 SF
Lot 0.98 ac (42,689 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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