March 20, 2017 Comments Closed

For Sale: 6,400 SqFt Retail Building at 1716 Franklin Avenue – Waco, Texas 76701

Posted by:Adam Voight onMarch 20, 2017

Harrell & Associates – KW Commercial, Central Texas are excited to announce our new listing for sale, 1716 Franklin Avenue in the Downtown Waco, Texas area.

This property truly has endless possibilities while being located in the downtown of one of the hottest markets in Texas! This 6,400 SqFt building sits on 0.36 Acres in between 17th and 18th Streets within the recently revitalized Downtown Waco area.

There is potential for this property to be converted back into 4 separate retail spaces of roughly 1,600 SqFt per unit. Currently, two of the spaces have been completely remodeled into a recording studio for a local band as well as a rental opportunity for visiting bands. The 2 other units are being used as storage. Each space contains a front and rear entry door, 3 large storefront windows and the whole property shares a highly visible sign that sits just off of Franklin Avenue.

According to data in 2016, Franklin Avenue had a daily traffic count of just other 10,000 vehicles per day, but this amount is on a stead rise due to the rejuvenation of Downtown Waco. Additionally, 17th and 18th Streets see over 10,000 vehicles per day on both roads!

The property is zoned M-2: Light Industrial District, but borders General Commercial and Central Commercial Districts. Water and sewer are provided via the City of Waco.

With the rise in popularity in the Downtown Waco area, this property will not last long. Contact Harrell & Associates – KW Commercial, Central Texas to capitalize on this excellent development opportunity and capitalize on one of Texas’ fastest growing markets!

Property Tour:

Presented By:

KW Commercial Logo Keller Williams Realty Waco Texas

KW Commercial
3701 West Waco Drive
Waco, Texas 76710
Office: (254) 870-0050
Fax: (254) 870-0066

Request Additional Information from Listing Broker:

Listing Terms:

Listing Type: Sale
Property Type: Freestanding
Property Sub-Type: Retail/Office
Sales Price: CLICK HERE

Property Details:

Acreage: 0.36 Acres
Zoned: M-2: Light Industrial District
Owner Will Negotiate

Location Details:

This property is located south of the Franklin Avenue and South 17th Street intersection in Waco, Texas

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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