1120 Franklin AveWaco, TX 76701

Property Details for 1120 Franklin Ave

Year built

1960

Construction

CONCRETE BLOCKS

Lot size

0.14 AC

Property size (Sq ft)

3,150 SF

Zone code

CBD

Property type

Commercial real estate

APN

480415000053017

APU

480415000053017

Description

This exceptional 5,400 square foot retail property located at 1120 Franklin Avenue in Waco, Texas, presents a rare opportunity to own a thriving commercial space in a high-traffic area. Situated on one of Downtown Waco's busiest streets, this property boasts excellent visibility and benefits from a fresh exterior and highly visible pylon signage – a significant advantage over many comparable locations. The asking price is $795,000. The property is zoned for commercial use and includes dedicated parking, a significant asset in a bustling downtown environment. This prime retail space is rarely available for purchase on Franklin Avenue. The property's proximity to established businesses adds to its appeal. Neighboring businesses include Balcones Distilling, Milo, and the new Dottie Oaks Development, ensuring a vibrant and thriving commercial atmosphere. This location offers a unique blend of accessibility, visibility, and established neighborhood appeal, making it an ideal investment for discerning buyers seeking a high-return retail property in a rapidly growing Texas city. The property is located in McLennan County, Texas, with a zip code of 76701. This is a land and retail property with no units.

• Alternative Use

  Use

  Valuation

  Residential

  $728,098

  Hospitality

  $666,934

  Educational

  $554,881

  Medical

  $573,965

  Retail

  $863,149

Location Insight

City

Waco

County

Mclennan

State

Texas

Latitude

31.5505

Longitude

-97.1366

CBSA code

47380

CBSA name

WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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