Downtown Waco Redevelopment
For Sale
Contact for pricing
701 Austin Ave, Waco, TX 76701
Prime redevelopment opportunity in Waco's entertainment district.
Property SizeContact for details
Days on Market150
Property Features for 701 Austin Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Cromwell Commercial Group
(254) 313-0000
Listed By:
Gregg Glime · License #0620081
(254) 313-0000
Source:
Cbcworldwide
Added: Apr 2
Changed: Jul 10
Last Checked: Apr 3 at 12:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cromwell Commercial Group
Investment Insights
Based on property information with market context.
Located on Austin Avenue in Downtown Waco, this building presents a redevelopment opportunity in the entertainment district. The property features tall ceilings, large windows, multiple floors, and a storefront entrance. Situated in a location with ongoing new developments, the building is within the TIF & PID zones and is designated as a Contributing Historic Structure in the downtown overlay, offering development potential.
Key Highlights
- Prime location on Austin Avenue in Downtown Waco's entertainment district.
- Excellent redevelopment opportunity due to location and historical structure.
- Located within TIF & PID zones and designated as a Contributing Historic Structure, offering development incentives.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,906
Businesses Nearby
32k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Hotels & Casinos 39%
Dining 6%
Home Improvements & Furnishings 3%
Wells Fargo
Shops & Services
9,047 visits/mo
0.2 miles
Hotel Indigo Waco - Baylor
Hotels & Casinos
6,248 visits/mo
0.4 miles
Sunoco
Shops & Services
4,133 visits/mo
0.5 miles
Courtyard Waco
Hotels & Casinos
3,740 visits/mo
0.3 miles
Residence Inn Waco
Hotels & Casinos
2,382 visits/mo
0.5 miles
Demographics for 76701, TX
1,674
Population
1,029
Households
1.6
Avg Household Size
29
Median Age
32%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,522
Density / Sq Mi
$24,593
Median Household Income
$21,897
Median Earnings
$1,008
Median Rent
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Prime redevelopment opportunity in Waco's entertainment district.
Where is this storefront property located?
The property is located at 701 Austin Ave Waco, TX.
What are key features of this property?
This property features: Prime location on Austin Avenue in Downtown Waco's entertainment district.; Excellent redevelopment opportunity due to location and historical structure.; Located within TIF & PID zones and designated as a Contributing Historic Structure, offering development incentives.
