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701 Austin Ave
Waco, TX 76701
Retail Property For Sale
EXECUTIVE SUMMARY
Buildings rarely come available on Austin Avenue and now, the
WM & K Clemens building is for sale. Located on arguably the
most popular street in Downtown Waco, this property is in the
middle of the entertainment district and offers an excellent
redevelopment opportunity in a fantastic location. Multiple new
developments occurring all around this property.
The building offers tall ceilings, huge and plentiful windows,
multiple floors and an incredible store-front entrance. The
development opportunities are wide-open, given the location and
historical structure of the building. This is a great opportunity for
a relatively small redevelopment project.
This building is located within the TIF & PID zones and has also
been designated as a Contributing Historic Structure in the
downtown overlay. All offer great opportunities for development
potential.
Directly Across from Magnolia's PROPERTY H New Hotel and Tecovas
PROPERTY HIGHLIGHTS
Great visibility throughout Downtown
Located in TIF, PID & Contributing Historical Structure
Great Development Potential w/ Existing Structures
Across the Street from Magnolia's new hotel & Tecovas
WM & K Clemens building is for sale. Located on arguably the
most popular street in Downtown Waco, this property is in the
middle of the entertainment district and offers an excellent
redevelopment opportunity in a fantastic location. Multiple new
developments occurring all around this property.
The building offers tall ceilings, huge and plentiful windows,
multiple floors and an incredible store-front entrance. The
development opportunities are wide-open, given the location and
historical structure of the building. This is a great opportunity for
a relatively small redevelopment project.
This building is located within the TIF & PID zones and has also
been designated as a Contributing Historic Structure in the
downtown overlay. All offer great opportunities for development
potential.
Directly Across from Magnolia's PROPERTY H New Hotel and Tecovas
PROPERTY HIGHLIGHTS
Great visibility throughout Downtown
Located in TIF, PID & Contributing Historical Structure
Great Development Potential w/ Existing Structures
Across the Street from Magnolia's new hotel & Tecovas
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,226 SF
Building Class
C
Year Built
1929
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.64
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C-4
Frontage
PROPERTY TAXES
| Parcel Number | 48-014800-000200-1 | Improvements Assessment | $1,243,670 CAD |
| Land Assessment | $145,516 CAD | Total Assessment | $1,389,186 CAD |
PROPERTY TAXES
Parcel Number
48-014800-000200-1
Land Assessment
$145,516 CAD
Improvements Assessment
$1,243,670 CAD
Total Assessment
$1,389,186 CAD
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