2929 18Th St Philadelphia, PA 76170
- Office Properties & Spaces
- 5,680 SF
- 0.60 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2929 18Th St
- Year built
- 1976
- Lot size
- 0.60 lot acres
- Property size
- 5,680 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- McLennan
- State
- Pennsylvania
- Longitude
- -75.1597367
- Latitude
- 39.9982601