1201 Austin Ave Waco, TX 76701
- Commercial real estate
- 33,000 SF
- 0.38 lot acres
Current Use by Public Records
- Waco Mural / Tourist Attraction
Property Details for 1201 Austin Ave
- Year built
- 1938
- Construction
- CONCRETE
- Lot size
- 0.38 lot acres
- Property size
- 33,000 SF
- Zone code
- CBD
- Property type
- Commercial real estate
- APN
- 480163000001008
- APU
- 480163000001008
Description
This exceptional 48,000 square foot property, located at 1201 Austin Ave in Waco, Texas, presents a significant redevelopment opportunity. Situated on a 1.32-acre lot, this mixed-use building boasts a prominent downtown location with ample parking. The property's zoning is C-3, allowing for a variety of uses. Its history as a former Coca-Cola bottling plant adds unique character. The building features high ceilings, presenting the potential for adding additional floor space, significantly increasing its usable area. The property's strategic location on two corners of historic Austin Avenue ensures high visibility and accessibility. Furthermore, its location within Tax Increment Financing Zone 4 offers potential economic incentives. This versatile space is ideal for a range of businesses seeking a unique and well-positioned property in the heart of Waco. The property is also available for lease. This is a rare chance to acquire a substantial property with significant upside potential in a thriving Texas city.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $610,000
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Location Insight
- Map
- Local Demand
- City
- Waco
- County
- Mclennan
- State
- Texas
- Longitude
- -97.1386
- Latitude
- 31.5513
- CBSA code
- 47380
- CBSA name
- WACO, TX METROPOLITAN STATISTICAL AREA