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    103-105 E Center St Lorena, TX 76655

    Sponsored
    For Sale
    $495,000

    SINGLE_FAMILY - Lorena, TX

    Type:Retail
    Property size:
    4,494 SF
    Lot size:
    0.12 Acres
    Days on Market:
    19
    Last Refresh:
    Jan 9 at 8:06 am

    Property Features for 103-105 E Center St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C
    APN
    30-003500-002500-3
    Parking features
    Garage
    Interior features
    BedroomOnMainLevel, FullBathOnMainLevel
    Exterior features
    Storage
    Size
    4,494 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1956
    Floors in Building
    1
    Flooring type
    Vinyl, Carpet
    Building materials
    Block, Concrete, Stucco, VinylSiding
    Roof type
    Composition, Shingle
    Additional Structures
    Storage

    Camille Johnson, Realtors (254) 405-6162

    Listing agent Katherine Snapp (254) 405-6162 License #0691565

    Listing date Dec 22, 2025

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Historic Downtown

    This mixed-use property, an iconic community symbol in historic downtown Lorena, offers approximately 4494 square feet of combined residential and retail space. Located just 15 minutes from Baylor University and downtown Waco, with immediate access to I-35, the property is positioned to attract both visitors and local clientele. The building includes approximately 2900 square feet of retail or office space, complemented by a 1600 square foot residential area featuring 2 bedrooms and 2 bathrooms. This setup allows for multiple income opportunities, functioning as either owner's quarters or a rental space. The property has served as home to a nationally recognized lighting restoration craftsman and retailer. The lot size is approximately 0.1205 acres. The backyard and pool area offer the potential to be maintained as a private oasis or developed into an outdoor space to suit various business needs. The zoning is 'C'.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lorena
    County
    McLennan
    State
    Texas
    Longitude
    -97.2164331
    Latitude
    31.3859744

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    FAQs

    What type of property is this?
    Retail space - Mixed-use property with retail space and residential quarters in Lorena.
    Where is this retail space located?
    The property is located at 103-105 E Center St Lorena, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Mixed-use property with approximately 4500 sq ft of residential and retail space.; - Prime location in historic downtown, easily accessible off I-35, 15 minutes from Baylor University and downtown Waco.; - Features **2900 sq ft of retail/office space** and a **1600 sq ft 2-bedroom, 2-bathroom residential space.**
    (210) 827-3092
    Request Owner's contact information
    103-105 E Center St Lorena, TX 76655
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    Lorena, TX 76655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103-105 E Center St Lorena, TX 76655
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