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Shaw's Marketplace 508 N Center Ave

7,153 SF 100% Leased Retail Building Brownwood, TX 76801 $1,500,000 ($210/SF)

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Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Department Store

Building Size

7,153 SF

Building Class

Year Built

1998

Price

$1,500,000

Price Per SF

$210

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.25

Land Acres

0.67 AC

Opportunity Zone

Yes

Zoning

C - Commercial

Frontage

72 FT on North Center Avenue

About 508 N Center Ave , Brownwood, TX 76801

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.

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