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722 Austin Ave Waco, TX 76701

Downtown Waco Entertainment Venue

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional mixed-use property, located at 722 Austin Avenue in Waco, Texas, presents a unique investment opportunity. The 16,810-square-foot building, constructed in 1914 and renovated in 2015, boasts a rich history as a beloved community landmark. Currently operating at 100% occupancy, the two-story structure features a main entertainment space and a second-floor bar and lounge area offering stunning views. Its C-4 zoning allows for diverse uses, including live performances, concerts, or restaurants. Situated in the heart of downtown Waco, just blocks from popular attractions like Magnolia Market and Hotel 1928, this property benefits from the city's thriving economic growth and projected population increase. The Hippodrome's prime location and flexible zoning provide significant potential for future development and returns. This is a chance to acquire a piece of Waco's history and participate in its exciting future. The building consists of one structure and is situated in McLennan County, Texas, zip code 76701.

Highlights

  • Historic Hippodrome Theater, a 16,810 SF mixed-use entertainment property in Waco, TX.
  • 100% occupied, with a C-4 zoning designation.
  • Built in 1914 and renovated in 2015, featuring one, two-story building.
  • Prime downtown Waco location, near Magnolia Market and Hotel 1928.

Property Details for 722 Austin Ave

Property type
Mixed-use properties
Square Feet
16,810 SF
Year Built/Renovated
1914/2015
Buildings
1
Stories
2

Location Insight

City
Waco
County
McLennan
State
Texas
Latitude
31.5547051
Longitude
-97.1341317

FAQs

What type of property is this?
Mixed-use property - Downtown Waco Entertainment Venue
Where is the mixed-use property located?
The property is located at 722 Austin Ave Waco, TX.
What are key features of this property?
This property features: Historic Hippodrome Theater, a 16,810 SF mixed-use entertainment property in Waco, TX.; 100% occupied, with a C-4 zoning designation.; Built in 1914 and renovated in 2015, featuring one, two-story building.
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722 Austin Ave
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