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Historic Brazos Event Center Opportunity
For Sale
$1,600,000

520 Elm Street, Waco, TX 76704

Event center for sale in rapidly developing Elm Avenue District.

Property Size4,980 SF
Price / SF$321.29
Days on Market100

Property Features for 520 Elm Street

General Information

Standard status Active
Size 4,980 SF
Property subtype Commercial

Building Details

Year Built 1928
Listing Agency: Coldwell Banker Realty
Listed By: Mitzi Eves · License #0485908
Source: Signaturere
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 30 at 1:19PM

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 Realty

Investment Insights

Based on property information with market context.

The Brazos Event Center, a historic building constructed in 1928, presents a commercial real estate opportunity in Waco's Elm Avenue District. Located at 520 Elm Ave, Waco, TX 76704, the venue is situated in a Public Improvement District, minutes from the Alico Building, McLane Stadium, Baylor University campus, Spice Village, The Backyard, and the Magnolia Silos. Downtown Waco landmarks such as The Waco Hilton, Aloft Hotel, Hotel Indigo Waco, the Suspension Bridge, and Indian Springs Park are also nearby. The 4,980 square-foot facility is a versatile rental space suitable for weddings, receptions, anniversaries, proms, and quinceaneras. The property features an open entertaining area, a kitchen equipped with stainless steel sinks, prep tables, a commercial refrigerator, and an ice maker. ADA-compliant restrooms are also located downstairs. Upstairs, there are private rooms suitable for meetings or preparation areas. Additional features include multiple storage closets, 22 round tables, 7 rectangle tables, approximately 300 folding chairs, a sprinkler system, and 3 CHA units. The City of Waco Fire Marshall has set the occupancy at 289. The Elm Avenue corridor is undergoing revitalization with improved streets, decorative lampposts, and new sidewalks with railings. The site is near the broader $1.4 billion Downtown Waco redevelopment initiative, which includes a new convention center and performing arts venue breaking ground in 2026. Construction of 12 new townhouses is planned across the street. The building is being sold AS IS.

Key Highlights

  • Prime location in the rapidly developing Elm Avenue District, minutes from downtown Waco landmarks and Baylor University.
  • Versatile event center suitable for weddings, receptions, and other events, with a maximum occupancy of 289.
  • Commercial kitchen equipped with stainless steel appliances.

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Dental Office Auto Parts Store Building Supply Big Box & Wholesale Store Pharmacy Electrical Service

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

1,384
Businesses Nearby

Demographics for 76704, TX

7,220
Population
3,703
Households
1.9
Avg Household Size
35
Median Age
8%
College-Educated
78%
High-School Grad
5.4 sq mi
ZIP Area
1,337
Density / Sq Mi
$24,208
Median Household Income
$24,363
Median Earnings
$788
Median Rent
$112,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - Event center for sale in rapidly developing Elm Avenue District.
Where is this wedding venue located?
The property is located at 520 Elm Street Waco, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Prime location in the rapidly developing Elm Avenue District, minutes from downtown Waco landmarks and Baylor University.; Versatile event center suitable for weddings, receptions, and other events, with a maximum occupancy of 289.; Commercial kitchen equipped with stainless steel appliances.
More about this property
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