Downtown Waco Retail/Entertainment
910 Webster Ave Waco, TX 76706
For Sale
Contact for pricing
Retail/entertainment space with warehouse and adjacent vacant lot.
Property Size13,450 SF
Lot Size0.35 Acres
Price / SF$159.85
Days on Market784
Property Features for 910 Webster Ave
General Information
- Standard status
- Active
- Size
- 13,450 SF
- Lot size
- 0.35 Acres
- Property subtype
- Retail
Listing Agency:
Cromwell Commercial Group
(254) 313-0000
Listed By:
Brad Davis · License #TX
Source:
Crexi
Added: Jun 4, 2024
Changed: Jul 6
Last Checked: Jul 26 at 10:25AM
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.
Located in the heart of the Downtown Waco Silos District, this property features 13,450 square feet of retail and entertainment space along with an adjacent vacant lot. The building includes 7,440 square feet of showroom space and over 5,900 square feet of warehouse and storage area, accessible via one grade-level door. There are 21 parking spaces available. The adjacent vacant lot spans 0.35 acres and can be utilized for additional parking or future development, subject to zoning regulations. The property is zoned C-4. The layout and location are suitable for various uses and concepts. The location is surrounded by current and planned entertainment and tourism-centric developments, including Magnolia Silos, Terry Black’s Barbeque, Pignetti’s, Pivovar, Hotel Herringbone, Red Herring, and the Backyard Bar & Grill.
Key Highlights
- Prime location in the heart of the Downtown Waco Silos District.
- 13,450 SF retail/entertainment space with a versatile layout.
- Includes a 0.35‑acre vacant lot for additional parking or future development.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $250.2k | $18.60 |
| − Vacancy | −$26.3k | −$1.95 |
| EGI | $223.9k | $16.65 |
| − OpEx | −$67.2k | −$4.99 |
| NOI | $156.7k | $11.65 |
13,450 SF · lease $18.60/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.24M
$1.96M – $2.61M
NOI $156,732 @ 7.0% cap · market cap 7.29%
Second Best
Warehouse
$1.90M
$1.67M – $2.22M
NOI $133,246 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$3.55M
$3.10M – $4.14M
NOI $248,395 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Findery
Interior Design
Similar Off Market Nearby
- Eleganza design custom floors — 425 S 18th St, Waco, TX 76705
- Insightubik Carpet & Flooring Group — 1326 park ave, waco, tx 76706
FAQs
What type of property is this?
Showroom - Retail/entertainment space with warehouse and adjacent vacant lot.
Where is this showroom located?
The property is located at 910 Webster Ave Waco, TX.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Prime location in the heart of the Downtown Waco Silos District.; 13,450 SF retail/entertainment space with a versatile layout.; Includes a 0.35‑acre vacant lot for additional parking or future development.
