1509 Austin Ave Waco, TX 76701
This exceptional 12,145-square-foot free-standing commercial building in Waco, Texas, presents a unique investment opportunity. Located at 1509 Austin Ave, zip code 76701, this single-tenant property boasts a C-3 zoning designation, ideal for retail, office, or restaurant uses. The building features a fully equipped commercial kitchen, a legacy from its previous tenant, making it perfect for food-related businesses. Ample parking is available with 30 spaces on-site. The property's rich history, dating back to 1954, adds to its character and appeal. Its prime Uptown Waco location offers high visibility and accessibility. This is a rare chance to acquire a substantial mixed-use property in a thriving Texas market. The building's size and versatile zoning make it suitable for a variety of commercial ventures. The existing commercial kitchen is a significant asset, reducing start-up costs for food-service businesses. Don't miss this chance to own a piece of Waco history and capitalize on a prime commercial location.
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michael castro Discount store Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.