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118 E Browning Ave 3,500 SF 100% Leased Office Building Pampa, TX 79065 $250,000 ($71.43/SF)


Investment Highlights
- Downtown Pampa on large corner lot
- Multi flex office spaces
- Dual income producing properties
Executive Summary
**Commercial Property Listing Summary**
**Two Versatile Office/Retail Suites – Income Producing**
Flexible commercial building offering **two separate suites**, each with its own entrance and utilities. The first suite features an open front office area, **one bathroom**, a **storage room**, and a **kitchen**, making it ideal for office use, professional services, retail, or administrative space. The second suite, located at the end of the building, includes a private bathroom and a separate room suitable for salon services, boutique retail, therapy/treatment space, or a private office.
Both units are currently **leased**, providing immediate income. The layout and configuration offer excellent versatility for a wide range of businesses, making this a strong investment property or owner-user opportunity.
**Two Versatile Office/Retail Suites – Income Producing**
Flexible commercial building offering **two separate suites**, each with its own entrance and utilities. The first suite features an open front office area, **one bathroom**, a **storage room**, and a **kitchen**, making it ideal for office use, professional services, retail, or administrative space. The second suite, located at the end of the building, includes a private bathroom and a separate room suitable for salon services, boutique retail, therapy/treatment space, or a private office.
Both units are currently **leased**, providing immediate income. The layout and configuration offer excellent versatility for a wide range of businesses, making this a strong investment property or owner-user opportunity.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$14,400
|
$4.11
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$14,400
|
$4.11
|
| Taxes |
$895
|
$0.26
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$895
|
$0.26
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $14,400 |
| Annual Per SF | $4.11 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $14,400 |
| Annual Per SF | $4.11 |
| Taxes | |
|---|---|
| Annual | $895 |
| Annual Per SF | $0.26 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $895 |
| Annual Per SF | $0.26 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,500 SF
Building Class
C
Year Built
1953
Price
$250,000
Price Per SF
$71.43
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,500 SF
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 110305550330070010000 | Total Assessment | $35,320 |
| Land Assessment | $5,250 | Annual Taxes | $895 ($0.26/SF) |
| Improvements Assessment | $30,070 | Tax Year | 2025 |
Property Taxes
Parcel Number
110305550330070010000
Land Assessment
$5,250
Improvements Assessment
$30,070
Total Assessment
$35,320
Annual Taxes
$895 ($0.26/SF)
Tax Year
2025
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Presented by
eXp Realty- The Brewer Group
118 E Browning Ave
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