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Prime Commercial Space Near Baylor
For Lease
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201 Elm Ave, Waco, TX 76704

Versatile space near I-35, ideal for retail or office.

Space Size846 SF - 1,090 SF
Property Size10,000 SF
Days on Market1265

Property Features for 201 Elm Ave

General Information

Standard status Active
Size 846 SF - 1,090 SF
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Building Size 10,000 SF
Year Built 1950
Tenancy Multiple

Spaces For Lease

at 201 Elm Ave Contact us

Suite 2A

Size
846 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 2B

Size
1,090 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 3A

Size
846 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 3B

Size
1,090 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Reid Peevey Commercial
Listed By: Joshua Barrett · License #TX - 736690
Source: Crexi
Added: Mar 14, 2023 Changed: Aug 8 Last Checked: Aug 28 at 8:34PM

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 Reid Peevey Commercial

Investment Insights

Based on property information with market context.

Located at 201 Elm Ave in Waco, Texas, this commercial space is available for lease. The property features a white box delivery, providing a customizable space for various business needs. Its location offers convenient access to I-35 and is situated minutes from Baylor University. The space is suitable for retail, office, or service-oriented businesses. Positioned in a high-visibility area with strong traffic and close proximity to Downtown Waco, it benefits from numerous student housing options and popular dining establishments, contributing to high foot traffic. The property is located in the heart of the East Waco redevelopment, which hosts the Waco Farmers Market on Saturday mornings and Wednesday evenings. This location is suitable for retail and office users.

Key Highlights

  • Prime location with easy access to I‑35 and close proximity to Baylor University.
  • High visibility and foot traffic due to location amidst student housing and dining establishments.
  • Versatile space suitable for retail, office, or service use.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Building Supply Electrical Service Skin Care Clinic HVAC 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 59% Dining 41%
Goodwill Apparel
6,640 visits/mo 0.4 miles
Church's Chicken Dining
4,581 visits/mo 0.4 miles

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile space near I-35, ideal for retail or office.
Where is this retail space located?
The property is located at 201 Elm Ave Waco, TX.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Prime location with easy access to I‑35 and close proximity to Baylor University.; High visibility and foot traffic due to location amidst student housing and dining establishments.; Versatile space suitable for retail, office, or service use.
(254) 759-8027 Call to check price and availability
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