508 N Center Avenue #B

Brownwood, TX 76801
$1,500,000

Description

Welcome to Shaw's Market Place, the gateway to historic Downtown Brownwood. This established business has become the destination for locals and weekend warriors alike. When someone wants to explore Brownwood, they start at Shaw's Market Place. The property is located right on the edge of Downtown Brownwood and just off of Main st., which boasted a daily traffic count of over 12,000 cars in 2023. Inside, the property has multiple tenants paying both rent and a percentage of their gross sales. This business model helps diversify cash flow and ensures that there is constant money coming in every months. The property also includes an updated outdoor space complete with a turf field, beautiful landscaping, and modern outdoor furniture. This space makes for a great place for customers to relax and enjoy downtown without leaving Shaw's Market Place. It also has untapped income potential as a rentable event venue. Do not miss out on your opportunity to own one of Downtown Brownwood's most prominent businesses.

  • Property Details
      • Stories:1
      • Acres:0.3320
      • Property type:Purchase
      • Year built:9999
      • Foundation:Slab
      • Utility features:City Sewer, City Water
      • Subdivision:Brownwood Proper
      • County:Brown
      • MLS #:20788452
      • Cost:1500000
      • Property subtype:Business
      • MLS #:20788452

Location

Brenda MancilBrenda Mancil REALTOR®
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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