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715-719 Washington Ave
Waco, TX 76701
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Two tenant retail investment opportunity.
- Heavy street and foot traffic.
- Direct neighbor to Magnolia’s Hotel 1928.
- Anchored by Tecovas.
EXECUTIVE SUMMARY
This Tecovas anchored neighborhood retail center is situated between 7th and 8th Streets along busy Washington Ave. With it’s location in Downtown, Washington Ave sees both foot and vehicle traffic from locals and tourists alike. Hotel 1928 was built in, you guessed it, 1928 as the former Karem Shrine Building. Magnolia founders, Chip and Joanna Gaines, transformed this historic building into a 33 guest room boutique hotel includes three food and beverage outlets and over 6,600 square feet of meeting and event space along with a rooftop terrace.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,930 SF
Building Class
C
Year Built
2016
Price
$1,646,471 CAD
Price Per SF
$418.95 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.96
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
C-4
Frontage
55’ on Washington Ave
PROPERTY TAXES
| Parcel Number | 48-014800-001900-0 | Improvements Assessment | $888,877 CAD |
| Land Assessment | $144,353 CAD | Total Assessment | $1,033,230 CAD |
PROPERTY TAXES
Parcel Number
48-014800-001900-0
Land Assessment
$144,353 CAD
Improvements Assessment
$888,877 CAD
Total Assessment
$1,033,230 CAD
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