701 Austin Ave Waco, TX 76701

This exceptional 17,226-square-foot warehouse at 701 Austin Ave, Waco, Texas, presents a unique redevelopment opportunity. Built in 1929, this C-4 zoned property boasts impressive features including tall ceilings, abundant windows, and multiple floors, all culminating in a striking storefront entrance. Its location on Austin Avenue, arguably Waco's most vibrant street, places it directly across from Magnolia's new hotel and Tecovas, ensuring high visibility and foot traffic. The property benefits from its inclusion within Tax Increment Financing (TIF) and Public Improvement District (PID) zones, and its designation as a Contributing Historic Structure within the downtown overlay, offering significant development incentives. Multiple new developments are underway in the immediate vicinity, further enhancing the property's value and potential. This is a rare chance to acquire a substantial, historically significant building in the heart of Waco's entertainment district, ideal for a relatively small-scale redevelopment project. The property is situated in McLennan County, Texas, zip code 76701. The asking price is $1,800,000.