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Mixed-Use Property with Restaurant
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1501 - 1509 Austin Ave, Waco, TX 76701

Mixed-use property offering restaurant space, retail storefronts, and cash-flowing Air B&B income.

Property SizeContact for details
Days on Market124

Property Features for 1501 - 1509 Austin Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Coldwell Banker Commercial Apex, Realtors
Listed By: Gregg Glime, SIOR, CCIM · License #620081
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 10:10PM

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 Coldwell Banker Commercial Apex, Realtors

Investment Insights

Based on property information with market context.

This mixed-use property includes restaurant space, conventional retail storefronts, and cash-flowing Air B&B income. The site was designed and built for Sachs Austin Avenue, a women’s dress shop that moved to the current location after the original shop was destroyed in 1953 by an F5 tornado.

According to the property’s history, the concept included multiple small, local boutiques centered around a 100-seat restaurant with a central checkout. The current ownership will consider a lease back.

The offering presents a combination of food-and-retail space along with short-term rental income within one property.

Key Highlights

  • Mixed‑use property in the core of Uptown Waco with restaurant space, conventional retail storefronts, and Air B&B income
  • Restaurant designed around a central checkout serving a 100‑seat dining area
  • Uptown Waco boutique‑style layout with multiple small, local boutiques centered around the restaurant

Property Analytics

Current Use

Xclusive Clothing Store Grow & Co. Clothing & Fashion Store

Suggested Use

Top Pick Pharmacy Carpet & Flooring Store Dental Office (Bike/Boat/Book/etc) Store Butcher Pet Store

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

2,077
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property offering restaurant space, retail storefronts, and cash-flowing Air B&B income.
Where is this mixed-use property located?
The property is located at 1501 - 1509 Austin Ave Waco, TX.
What are key features of this property?
This property features: Mixed‑use property in the core of Uptown Waco with restaurant space, conventional retail storefronts, and Air B&B income; Restaurant designed around a central checkout serving a 100‑seat dining area; Uptown Waco boutique‑style layout with multiple small, local boutiques centered around the restaurant
More about this property
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