112 Mary AveWaco, TX 76701

Property Details for 112 Mary Ave

Year built

1948

Construction

CONCRETE

Lot size

0.66 AC

Property size (Sq ft)

7,717 SF

Zone code

2007 TIF

Property type

Commercial real estate

APN

480323000432000

APU

480323000432000

Description

This exceptional retail property, located at 112 Mary Ave in Waco, Texas, presents a unique investment opportunity. Situated on a hard corner at the intersection of University Parks and Mary Avenue, this Class A, single-tenant shopping center benefits from its central downtown location. The property offers flexible space ranging from 2,000 to 7,000 square feet, making it suitable for a variety of retail or restaurant concepts. The building features second-generation space, meaning significant build-out costs are already covered, allowing for a quicker and more cost-effective move-in. Existing tenants within the center include Billy Bob's Burger, Bodymend, Executive Locker, and Huaco Lounge, creating a vibrant and complementary retail environment. The property includes dedicated parking and available patio space, enhancing its appeal and functionality. This location is directly across from current and planned entertainment, hotel, and tourism developments, ensuring high visibility and foot traffic. The property is in McLennan County and is part of a thriving commercial district. This is an ideal opportunity for businesses seeking a move-in ready space in a high-traffic, desirable location. The property's flexible square footage and existing infrastructure make it a compelling option for discerning investors and businesses alike.

• Alternative Use

  Use

  Valuation

  Residential

  $1,727,407

  Hospitality

  $1,582,295

  Educational

  $1,316,451

  Medical

  $1,361,726

  Retail

  $2,047,813

Location Insight

City

Waco

County

Mclennan

State

Texas

Latitude

31.5579

Longitude

-97.1262

CBSA code

47380

CBSA name

WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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