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Storefront Property with Additional Vacant Lot
For Sale
$349,999

1501 Herring Avenue, Waco, TX 76708

SINGLE_FAMILY - Waco, TX

Property SizeContact for details
Lot Size0.20 Acres
Days on Market275

Property Features for 1501 Herring Avenue

General Information

Property type Residential
Property subtype Retail
Zoning description C-2, O-3
Parking features Parking Lot, Paved or Surfaced
Subdivision MACKEY J H
Lot features Corner Lot
Directions Start at the intersection of Austin Avenue & MLK Jr. Blvd (US-84), head west on MLK Jr. Blvd 1.2 miles. Turn left (south) on N. Valley Mills Dr 0.8 miles. Turn right (west) on Herring Avenue 0.3 miles. Destination will be on your right at 1501 Herring Avenue
Standard status Active
APN 181202
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description MACKEY J H SUB LOT 10 BLOCK 95 ACRES .203
Tax Annual Amount 911
Legal Description MACKEY J H SUB LOT 10 BLOCK 95 ACRES .203

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1922
Floors in Building 1
Number of units 4
Flooring type Wood, Concrete
Building materials Concrete
Roof type Metal
Listing Agency: Agents Of Texas, LLC
Listed By: Mercedes Lane · License #746855
Added: Nov 10, 2025 Changed: Aug 5 Last Checked: Aug 12 at 4:06PM
MLS# 21108757

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Storefront property on a corner lot featuring a series of three well-positioned buildings totaling over 12,500 square feet of versatile space. The offering also includes an additional vacant lot zoned O3, providing room for expansion or added development. The buildings are identified as 1501, 1505, 1509, and 1513 (Lot) Herring to be included in sale.

Constructed in 1922 with concrete construction materials, the property includes central heating and central air conditioning. Flooring includes wood and concrete, and the roof is metal. Parking is available via a paved or surfaced parking lot. Public water and public sewer service are provided.

The combined lot size is 0.203 acres. The property is located at 1501 Herring Avenue in Waco, Texas 76708 (McLennan County).

Key Highlights

  • Over 12,500 square feet across three buildings
  • Corner lot with additional vacant lot zoned O3
  • Addresses include 1501, 1505, 1509, and 1513 (Lot) Herring included in sale

Property Analytics

Current Use

Pats State Inspection ... Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 78% Electronics 22%
Sunoco Shops & Services
3,169 visits/mo 0.1 miles
Metro by T-Mobile Electronics
874 visits/mo 0.1 miles

Demographics for 76708, TX

28,499
Population
11,241
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
48.1 sq mi
ZIP Area
592
Density / Sq Mi
$66,764
Median Household Income
$39,409
Median Earnings
$1,087
Median Rent
$204,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Three-building storefront offering with O3-zoned adjacent vacant lot on a corner lot with public water and sewer.
Where is this storefront property located?
The property is located at 1501 Herring Avenue Waco, TX.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Over 12,500 square feet across three buildings; Corner lot with additional vacant lot zoned O3; Addresses include 1501, 1505, 1509, and 1513 (Lot) Herring included in sale
More about this property
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