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    401 S 3Rd St, Unit Robinson Waco, TX 76706

    For Sale
    Contact for pricing

    Fully leased mixed-use building with restaurant and office tenants.

    Property size:
    41 SF

    Property Features for 401 S 3Rd St

    General Information

    Size
    41 SF

    Source: Clay Fuller Agent Clay Fuller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Phoenix Building in Waco

    The Historic Phoenix Building, located in Downtown Waco between the Magnolia Silos and the city’s riverfront development, is available for sale. This fully leased property features Pignetti’s restaurant as the anchor tenant on the ground floor, with premium office tenants occupying the second floor. The building includes 14-foot ceilings adorned with chandeliers, as well as original 1907 structural beams and hardwood floors. The second floor also includes a versatile live/work/VRBO unit, suitable for upscale loft living or a unique business space. The property presents an opportunity to own a legacy asset with income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jonathon Roberts — Team ... Mortgage Lender Regis Medical Group Medical Group Kalynn Tindall - State ... Auto Insurance Agency Griffith Barbee PLLC ... Law Firm Silos Tuscan Market Liquor Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.127069
    Latitude
    31.555506

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    FAQs

    What type of property is this?
    Office building - Fully leased mixed-use building with restaurant and office tenants.
    Where is this office building located?
    The property is located at 401 S 3Rd St, Unit Robinson Waco, TX.
    What are key features of this property?
    This property features: - Prime downtown Waco location, situated between the Magnolia Silos and the vibrant riverfront development.; - Fully leased property offering strong income potential.; - Pignetti’s restaurant serves as the anchor tenant.
    (254) 313-0000
    Request Owner's contact information
    401 S 3Rd St, Unit Robinson Waco, TX 76706
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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
    401 S 3Rd St, Unit Robinson Waco, TX 76706
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