Featured
1943
Built
Prime Downtown Brownsville Investment Opportunity! Welcome to this versatile 5,847 sq ft commercial building located in the heart of Brownsville’s historic district. This property features three spacious units, with two of the spaces currently leased and generating steady income. The flexible floor plan is ideal for a variety of uses, including retail, office, or service businesses. Key Features: • Three separate units with private entrances—perfect for multiple tenants or owner-occupant use. • Two units leased with a combined monthly rental income of $1,150. The third larger unit ready for immediate lease. At full capacity, the property has the potential to achieve an estimated 8% (+) cap . ate based on projected rental income, offering solid income potential for investors seeking increased cash flow.
Features
Exterior & Lot
| Foundation | Slab |
| Lot Dimensions | 66X140.25 |
Financial
| Annual City Tax | $1,431 |
| Annual County Tax | $1,861 |
Neighborhood
| Directions | I-40 East exit 56 . 4 miles down Anderson St. (turn L) on Hwy. 70. turn R on Hatchie St. (turn L) on Margin and (Turn R) on Wilson. |
Commercial Details
| Number of Buildings | 1 |
| Usage Type | Historical, Medical, Office, Office Condo, Retail |
| Sale Includes | Building and Land |
| Road Frontage | City Street |
| Parking Facility | Offsite/Street |
| Loading Door Height | No Truck Door |
| Ceiling Height | 8-10.9 Feet |
| Roof Type | Composition Shingles |
| Floor Covering | Other Flooring, Partial Carpet |
| Heating System | Central |
| Cooling System | Central Cooling |
| Hot Water | Electric Hot Water |
Contact Agent
Location
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111 WILSON -, 107