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724 Austin Ave 34,596 SF 87% Leased Retail Building Waco, TX 76701 For Sale
INVESTMENT HIGHLIGHTS
- Located in the heart of Downtown Waco off of Austin Avenue
- Historic icon of Waco
- The event venue will continue to operate and increase traffic to the property
EXECUTIVE SUMMARY
The Waco Hippodrome is a Grand Spanish Colonial establishment located in downtown Waco where old-world allure meets state-of-the-art innovation. Originally built in 1914, this 100+ year old entertainment venue has been recently renovated and currently hosts first-run and classic films, live music and comedy concerts, plays for all ages and so much more. Turner Brothers will continue operating the event venue to increase traffic to the historic building for their tenants.
The first floor space Suite 110, is a 3,745 square foot restaurant and bar located on the first floor of the Hippodrome. This space features a commercial kitchen and an outdoor seating area. There are also three storefront retail spaces that range from 1,646 to 2,339 square feet
The next space, Suite 210, is a bar and lounge located on the second floor of the historic building. This space is 1,509 square feet, features a commercial bar, and is conveniently located outside the primary theater.
Next to this space is Suite 220, 2,122 square feet of flex space located on the second floor. This gorgeous space could be used to accommodate a variety of uses and collapsing walls make the size adjustable as well.
The final space, Suite 310, is a rooftop restaurant and bar located on the third floor of the facility. This 2,446 square foot space features a commercial kitchen and outdoor seating.
The first floor space Suite 110, is a 3,745 square foot restaurant and bar located on the first floor of the Hippodrome. This space features a commercial kitchen and an outdoor seating area. There are also three storefront retail spaces that range from 1,646 to 2,339 square feet
The next space, Suite 210, is a bar and lounge located on the second floor of the historic building. This space is 1,509 square feet, features a commercial bar, and is conveniently located outside the primary theater.
Next to this space is Suite 220, 2,122 square feet of flex space located on the second floor. This gorgeous space could be used to accommodate a variety of uses and collapsing walls make the size adjustable as well.
The final space, Suite 310, is a rooftop restaurant and bar located on the third floor of the facility. This 2,446 square foot space features a commercial kitchen and outdoor seating.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
34,596 SF
Building Class
B
Year Built/Renovated
1914/2017
Percent Leased
87%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.04
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
F1
Frontage
AMENITIES
- Restaurant
- Accent Lighting
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Storefront retail with all utilities and grease trap in place for restaurant. Rentable SF - 2,824 SF Load factor - 1.36 Delivered White Box
Suite 220 is 1,557 square feet of flex space located on the second floor.? This gorgeous space could be used to accommodate a variety of uses and collapsing walls make the size adjustable as well.? $8,500 /Month Full Service
| Space | Size | Space Use | Position | Available |
| 104 | 2,824 SF | Flex | - | Now |
| 202 | 1,557 SF | Retail | - | Now |
104
| Size |
| 2,824 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Now |
202
| Size |
| 1,557 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
104
| Size | 2,824 SF |
| Space Use | Flex |
| Position | - |
| Available | Now |
Storefront retail with all utilities and grease trap in place for restaurant. Rentable SF - 2,824 SF Load factor - 1.36 Delivered White Box
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
202
| Size | 1,557 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Suite 220 is 1,557 square feet of flex space located on the second floor.? This gorgeous space could be used to accommodate a variety of uses and collapsing walls make the size adjustable as well.? $8,500 /Month Full Service
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 48-014455-000200-0 | Improvements Assessment | $4,957,210 CAD |
| Land Assessment | $597,244 CAD | Total Assessment | $5,554,454 CAD |
PROPERTY TAXES
Parcel Number
48-014455-000200-0
Land Assessment
$597,244 CAD
Improvements Assessment
$4,957,210 CAD
Total Assessment
$5,554,454 CAD
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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724 Austin Ave
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