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Turnkey Restaurant Opportunity
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2803 Franklin Ave, Waco, TX 76710

Fully equipped restaurant for sale or lease near Downtown Waco.

Property Size7,120 SF
Lot Size0.85 Acres
Days on Market177

Property Features for 2803 Franklin Ave

General Information

Standard status Active
Size 7,120 SF
Lot size 0.85 Acres
Property subtype Retail

Building Details

Building Size 7,120 SF
Listing Agency: Cromwell Commercial Group
Listed By: Will Phipps · License #0744913
Source: Cbcworldwide
Added: Mar 5 Changed: Aug 8 Last Checked: Apr 5 at 8:44PM

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.

This is a turnkey, second-generation restaurant opportunity available for sale or lease. The property is situated on a prime corner location along high-traffic Franklin Avenue, offering convenient access to Downtown Waco, Magnolia Headquarters, and Baylor University. Formerly Guess Family BBQ, the fully equipped restaurant presents a rare plug-and-play opportunity, with all existing kitchen equipment and furniture included. The property occupies 0.85 acres.

Key Highlights

  • Turnkey, fully equipped second‑generation restaurant.
  • Prime corner location on high‑traffic Franklin Ave.
  • Minutes from Downtown Waco, Magnolia Headquarters, and Baylor University.

Property Analytics

Current Use

Guess Family Barbecue Restaurant

Suggested Use

Top Pick Dental Office Parking Lot & Garage Pharmacy Daycare Center HVAC Service Skin Care Clinic

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

787
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 98% Home Improvements & Furnishings 2%
Sunoco Shops & Services
14,873 visits/mo 0.2 miles
7-Eleven Shops & Services
10,291 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
5,681 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
1,065 visits/mo 0.4 miles
Rent A Center Home Improvements & Furnishings
671 visits/mo 0.5 miles

Demographics for 76710, TX

24,874
Population
12,391
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,675
Density / Sq Mi
$53,304
Median Household Income
$36,425
Median Earnings
$1,098
Median Rent
$229,000
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant for sale or lease near Downtown Waco.
Where is this conventional restaurant located?
The property is located at 2803 Franklin Ave Waco, TX.
What are key features of this property?
This property features: Turnkey, fully equipped second‑generation restaurant.; Prime corner location on high‑traffic Franklin Ave.; Minutes from Downtown Waco, Magnolia Headquarters, and Baylor University.
More about this property
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