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Faits saillants de l'investissement

  • Downtown district
  • Professional entry & common areas
  • Elevator access
  • Controlled after-hours access
  • Secured parking garage
  • Private suites and offices

Résumé de l'annonce

Located in the heart of Downtown Waco, 605-611 Austin Avenue presents an opportunity to acquire a fully occupied mixed-use asset combining professional office space and first-floor retail showroom uses within one of the city's most active business districts. The property benefits from a prominent downtown location near the Brazos River, ongoing riverfront development activity, restaurants, retail destinations, and major employment centers that continue to support investment and business growth throughout the urban core.
Originally constructed in 1910 and renovated in 2012, the building contains approximately 25,620 square feet of gross building area, including an attached parking garage. The property features professional common areas, elevator access, controlled after-hours entry, secured parking, and a mix of private suites and offices designed to accommodate multiple tenants. These improvements provide a functional environment for professional service firms, office users, and retail occupants seeking a downtown presence.
The asset is currently 100% occupied by seven tenants and benefits from established in-place income. Downtown Waco has experienced substantial redevelopment and investment activity in recent years, supported by tourism, higher education institutions, healthcare systems, and a growing regional economy. The property's location places tenants within walking distance of numerous amenities while offering convenient access throughout the Waco market.
With stable occupancy, secured parking, controlled access, and a downtown location adjacent to ongoing redevelopment activity, this property offers investors the opportunity to acquire an income-producing asset within one of Central Texas' most active urban districts.

Faits sur la propriété

Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Bien à usage mixte
Taille du bâtiment
25 620 pi²
Classe d’immeuble
C
Année de construction/rénovation
1910/1929
Pourcentage loué
98%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
2,03
Taille du lot
0,29 AC
Zone de développement économique
Oui

Commodités

  • Affichage

Disponibilité des espaces

  • Espace
  • Taille
  • Utilisation de l’espace
  • Poste
  • Disponible
  • 4
  • 600 pi²
  • Commerce de détail
  • -
  • Maintenant

Located in the heart of Waco’s vibrant downtown district, this property offers a professional office environment with a first-floor retail showroom component. The building provides tenants with controlled after-hours access, a secured parking garage, and elevator service for convenience and security. Full-service leases and professional common areas create a polished setting for businesses seeking a central location. The property is surrounded by a dynamic mix of retail, dining, and entertainment options, including Magnolia Market, Hotel Indigo, and numerous restaurants. Its proximity to Baylor University and major employers enhances visibility and accessibility. With easy access to I-35 and the Brazos River corridor, the location supports both local and regional connectivity. This space is well-suited for businesses looking to establish a presence in a growing market with strong economic fundamentals and a thriving downtown atmosphere.

Espace Taille Utilisation de l’espace Poste Disponible
4 600 pi² Commerce de détail - Maintenant

4

Taille
600 pi²
Utilisation de l’espace
Commerce de détail
Poste
-
Disponible
Maintenant

4

Taille 600 pi²
Utilisation de l’espace Commerce de détail
Poste -
Disponible Maintenant

Located in the heart of Waco’s vibrant downtown district, this property offers a professional office environment with a first-floor retail showroom component. The building provides tenants with controlled after-hours access, a secured parking garage, and elevator service for convenience and security. Full-service leases and professional common areas create a polished setting for businesses seeking a central location. The property is surrounded by a dynamic mix of retail, dining, and entertainment options, including Magnolia Market, Hotel Indigo, and numerous restaurants. Its proximity to Baylor University and major employers enhances visibility and accessibility. With easy access to I-35 and the Brazos River corridor, the location supports both local and regional connectivity. This space is well-suited for businesses looking to establish a presence in a growing market with strong economic fundamentals and a thriving downtown atmosphere.

Moyennement accessible à pied
60/100
Exceptionnellement adapté aux voitures
90/100
Moyennement accessible en vélo
60/100

Principaux détaillants à proximité

Fazoli's
Pure Barre
Bank of America
Chase Bank
L&L Hawaiian Barbecue
Torchy's Tacos
Twisted Root Burger Co.
Freddy's Frozen Custard & Steakburgers
Dutch Bros
Hawaiian Bros Island Grill

Impôts fonciers

Impôts fonciers

Numéro de lot
48-014900-000200-1
Évaluation du terrain
450 638 $ CAD
Évaluation des bâtiments
1 630 061 $ CAD
Évaluation totale
2 080 699 $ CAD
  • ID d’inscription: 41062388

  • Date de mise sur le marché: 2026-06-25

  • Dernière mise à jour:

  • Adresse: 605 Austin Ave, Waco, TX 76701

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