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2929 18Th St Philadelphia, PA 76170

For Sale
$800,000

Two-building office, 5,680 SF, 100% leased

Property size:
5,680 SF

Description

Added:
Dec 11, 2024
Days on Market:
361
This exceptional investment opportunity presents two office buildings totaling 5,680 square feet, situated on a 0.602-acre lot in Waco, Texas. The property, located at 2925 & 2929 N. 18th Street, boasts a highly desirable corner location with excellent visibility. One building, constructed in 1976, offers 4,080 square feet, while the second, built in 1972, comprises 1,600 square feet. Both buildings are currently 100% occupied under a long-term lease expiring April 30, 2033, providing immediate and substantial cash flow. The property is zoned C-2, offering flexibility for future uses. Its convenient location offers close proximity to downtown Waco and McLennan Community College (MCC), ensuring high traffic and visibility. The asking price is $800,000, translating to $140.85 per square foot. This represents a strong return on investment for a buyer seeking a stable, income-producing asset in a thriving Texas market. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-located, fully leased commercial property with significant long-term potential.

Property Features for 2929 18Th St

General Information

Property type
Office Properties & Spaces
Square Feet
5,680 SF
Class
B
Lot Size
26,223 SF

Building Details

Year Built
1976
Buildings
2

HighLights

  • $800,000 asking price for a 5,680 SF Class B office property.
  • 100% occupancy with a lease extending to April 30, 2033.
  • Excellent corner location on 18th Street in Waco, Texas, near downtown and McLennan Community College (MCC).
  • Two buildings totaling 5,680 SF; one 4,080 SF building (built 1976) and one 1,600 SF building (built 1972).
  • C‑2 zoning on a 0.602‑acre lot.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

City
Philadelphia
County
McLennan
State
Pennsylvania

FAQs

What type of property is this?
Office Property / Space - Two-building office, 5,680 SF, 100% leased
Where is this office property / space located?
The property is located at 2929 18Th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: $800,000 asking price for a 5,680 SF Class B office property.; 100% occupancy with a lease extending to April 30, 2033.; Excellent corner location on 18th Street in Waco, Texas, near downtown and McLennan Community College (MCC).
More about this property
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