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Property profile & analytics
OFF-MARKET
Lifestyle centers

1601 Washington Ave Waco, TX 76701

Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 1601 Washington Avenue in Waco, Texas, 76701, presents a unique investment opportunity. The property is classified as both retail and land, encompassing a single, multi-tenant shopping center. The building features a recently refreshed exterior, enhancing its curb appeal and attracting potential customers. This prime location sits directly across from established businesses, Refit and Be Kind Coffee, ensuring high visibility and foot traffic in a bustling downtown area. The property's address is 1601 Washington Avenue, placing it within the vibrant heart of Waco's commercial district. The property is categorized as a commercial shopping center with multiple suites available for lease. Currently, one suite is available for lease. This makes it ideal for a variety of retail businesses seeking a high-traffic location with excellent visibility. The property's coordinates are 31.548695476667067 latitude and -97.14292019686921 longitude. This location offers significant potential for growth and profitability, making it an attractive investment for discerning buyers. The property's classification as both retail and land suggests potential for future development or expansion. The high foot traffic and proximity to established businesses make this a truly exceptional opportunity in the thriving Waco market.

Property profile
Verified
Property type Lifestyle centers
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Casket and Cauldron Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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