- For Lease Contact for pricing
- Property Type Retail - Restaurant
- Property Size 7,120 SF
- Lot Size 0.85 Acre
- Date Updated May 16, 2026
Description
Turnkey second-generation restaurant - For Sale or Lease. Prime corner location on high-traffic Franklin Ave just minutes from Downtown Waco, Magnolia Headquarters, and Baylor University. Former Guess Family BBQ, this fully equipped restaurant offers a rare plug-and-play opportunity with all existing kitchen equipment and furniture conveying.
Whether you’re expanding a brand or launching a new concept, this ready-to-go restaurant space delivers unbeatable location, exposure, and value.
• Available For Sale or For Lease
Highlights
- Close to Downtown Waco, Baylor University & major retail
- Corner site with excellent visibility & signage
- High traffic counts along Franklin Ave
- Ideal for owner-operator or investor
- Turn-key restaurant with full FF&E
- Zoned M-2 (flexible commercial/restaurant site)
True
1 Space Available
Space Available
Space Type
Restaurant
Lease Rate
Contact for pricing
Total Space
7,120 SF
Min Divisible
7,120 SF
Lease Type
NNN
Sublease
No
Build Type
Full build out
Turnkey
Yes
Contacts
Will Phipps
Cromwell Commercial Group | Coldwell Banker Apex, Realtors
H. Bland Cromwell
Coldwell Banker Commercial Apex, Realtors
Location
Located at 2803 Franklin Ave, Waco, TX 76710, this property is part of the Austin Ave neighborhood.
Contact 2803 Franklin Ave
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