Refine Search

4410 Highway 377 S, Brownwood, TX 76801

$1,650,000
  • 4410 Highway 377 S, Brownwood, TX 76801 Main Photo

28 Total Photos [Click to View All]

Active
MLS#21055316
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Prime Hospitality Investment Available in Brownwood Tx. The Gate 1 Inn offers a rare value-add opportunity in one of Brownwood’s fastest-growing areas. This 56-room hotel includes a mix of double queen and king suites, a private 3 bed, 2 bath owner’s apartment, a welcoming front lobby, laundry area with ample storage, guest laundry, multiple storage buildings, large truck parking, and a clubhouse with rental potential. Ideally located near Brownwood’s medical and industrial districts, the property draws year-round demand from business travelers, contractors, and extended-stay guests. Nearby employers such as Brownwood Regional Medical Center, Kohler, 3M, and Superior Cable collectively employ more than 2,500 workers, creating a strong lodging base. The property also shares parking with The Section Hand Restaurant, which is available for purchase, creating an opportunity to combine dining and lodging operations. Situated on a high-traffic corridor with over 10,000 vehicles daily, the hotel benefits from excellent visibility and access. Brownwood is undergoing rapid growth with a new event center, downtown redevelopment projects, and expanding commercial and residential activity—all expected to increase visitor and resident demand. Current market hotel rates average $150 per night, leaving significant upside for new ownership. Updating the property’s exterior appeal, improving amenities, and implementing modern marketing strategies could quickly raise rates and occupancy. With direct visitor spending exceeding $65 million annually, this property is positioned to serve a diverse guest base, from travelers and event attendees to healthcare and industrial workers. The Gate 1 Inn is a unique chance to acquire an underperforming asset with strong growth potential in a thriving market.

4410 Highway 377 S | MLS# 21055316

This commercial property located at 4410 Highway 377 S, Brownwood, TX 76801 is currently listed for sale with an asking price of $1,650,000. Search Brownwood real estate on karenschaeper.kellyrealtors.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Central
Lot Size: 4.34 Acres
Roof Type: Composition
Stories: 1.0
Year Built: 9999

Feature Descriptions

Accessibility: Accessible Doors
Days on Site: 188
Exclusions: All personal property in the apartment, garage, community room and the golf cart.
Exterior: Brick
Flooring: Luxury Vinyl Plank, Other
Parcel#: 000000029431
Parking: Asphalt, Common, Parking Lot, Paved
Parking Notes: Asphalt, Common, Parking Lot, Paved
Units: 56
Utilities: Asphalt, City Sewer, City Water, Electricity Available, Phone Available

Listed By / Shown By

Listed By

Agency Name: Turnkey Realty LLC
Agency Contact: 325-430-2411
Agent Name: Jennifer Stewart

agent picture

Shown By

Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors

IDX logo

Login to My Homefinder

Pixel