254-759-8027
724 Austin Ave, Waco, TX for Sale
Restaurant - FOR SALE
1/14
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724 Austin Ave
Waco, TX 76701


HIGHLIGHTS

  • Consistent daytime foot traffic
  • Lots of Natural Light
  • Holds public sentiment for proximity to the historic Hippodrome
  • One of the only rooftop bars in Waco
  • Located on main downtown intersection
  • A few blocks away from Magnolia Market and Hotel 1928

OVERVIEW

Built as an add-on to the Hippodrome in 2018, this building once housed a series of small theaters before being converted to traditional storefront retail in 2024. It is located on the best street in Waco for foot traffic, with local events on all corners pulling in local and tourist crowds alike. Recently, Waco has witnessed immense economic and social growth. Retail spending has increased 20% year-over-year from $280MM in April 2021 to $338MM in April 2022. Waco's population is projected to grow nearly threefold in the next 30 years, from 145,000 to over 400,000 in 2050.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8th Street Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,465 SF

ZONING

C - 4

APN/PARCEL ID

48-014455-000200-0

ASK ABOUT THIS PROPERTY

Josh BarrettTurner Brothers Real EstateMore Info
254-759-8027

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Josh BarrettTurner Brothers Real EstateMore Info
254-759-8027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.