811 Maxfield St, Waco, TX

Listing agent Parvez Malik Show Phone

Listing office BZR Commercial Realty Show Phone

Listing date Mar 17, 2025

Source Moodyscre

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Overview

This commercial building in Waco, Texas, offers approximately 5,198 square feet of space. Constructed of concrete, the property is currently zoned B1 Commercial. The building is suitable for retail or office use and presents an opportunity for a family-owned business. The current lease generates approximately $28,800 in annual income on a month-to-month basis. The buyer has the option to continue the lease or occupy the space. The property has a net operating income of approximately $23,000 and a CAP Rate of 8%. The building can be repurposed to other retail uses and is located in a neighborhood business area.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

• Map
• Local Demand

City

Waco

County

McLennan

State

Texas

Longitude

-97.1018

Latitude

31.5899

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FAQs

What type of property is this?

Office units - Commercial building in Waco, Texas, suitable for retail or office.

Where is this office units located?

The property is located at 811 Maxfield St Waco, TX.

What are key features of this property?

This property features: High CAP Rate: 8%; Significant Net Operating Income (NOI) of approximately $23,000; Flexible Usage with buyer option to continue lease or occupy the space