500 Austin Ave Brownwood, TX 76801-2608

Property Details for 500 Austin Ave

Year built

2001

Lot size

0.17 lot acres

Property size

2,723 SF

Property type

Commercial real estate

APN

53401

APU

53401

Description

This exceptional 2,722 square foot office building, situated on a 0.17-acre lot at 500 W Austin Avenue in Brownwood, Texas, presents a compelling investment opportunity. Currently, one-third of the building is leased for $600 per month, with eight months remaining on the lease. This provides immediate income potential for the new owner. The property boasts a versatile layout suitable for a variety of uses, including retail, office, or even residential purposes, as it includes living quarters. A significant portion of the building (approximately two-thirds) is currently available for lease, offering substantial upside potential for increased rental income. The building features central heating and air conditioning in a portion of the space, and a total of two and a half bathrooms are available across the building. One bathroom serves the currently leased area, while an additional one and a half bathrooms are located in the vacant space. A large storage area is also included, adding to the property's functionality and appeal. The prime location in Brownwood offers excellent visibility and accessibility, making it an ideal choice for a wide range of businesses. This property is ready for a new owner to capitalize on its existing income stream and unlock its significant growth potential. The combination of existing income, versatile space, and prime location makes this a truly unique opportunity in the Brownwood market.