401 S 3rd St

401 S 3rd St, Waco, TX 76706

  • For Sale Contact for pricing
  • Property Type Office - General Office
  • Property Size 41,679.45 SF
  • Date Updated Jul 11, 2025
The Historic Phoenix Building - Now For Sale in Downtown Waco Located between Waco’s top tourist destination, the Magnolia Silos, and the city’s most significant riverfront development in decades, the Phoenix Building offers a rare opportunity to own a true legacy asset with strong and growing income potential. This fully leased property features Pignetti’s restaurant as the anchor tenant on the ground floor, with premium office tenants occupying the second floor. Crafted with exceptional quality, the building showcases 14-foot ceilings adorned with chandeliers, as well as original 1907 structural beams and hardwood floors. The second floor also includes a versatile live/work/VRBO unit, ideal for upscale loft living or a unique business space.
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Attachments

Highlights

  • 100% Leased with rent growth potential
  • Close to 100 dedicated parking spaces
  • Legacy asset with strong tenant mix

Contacts

broker

Cromwell Commercial Group | Coldwell Banker Apex, Realtors

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable
  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Waco, TX
  • Neighborhood Brazos
  • Zip Code 76706
  • Market Central East Texas

Points of Interest

  • 7-Eleven

    0.27 miles

  • Valero

    0.42 miles

  • Exxon

    0.49 miles

  • Speight Foodmart

    1.06 miles

  • Chevron

    1.36 miles

  • Cefco

    1.43 miles

  • Sunoco

    1.73 miles

  • Clark

    2.04 miles

  • Tesla Supercharger

    2.13 miles

  • Twisted Root Parking

    0.30 miles

  • Dutton Parking Garage

    0.57 miles

  • 5th St. Parking Garage

    0.61 miles

  • Visitor Parking Lot

    0.70 miles

  • 8th St. Parking Garage

    0.75 miles

  • Speight Plaza Building and Parking Garage

    0.90 miles

  • THe View Parking Garage

    0.97 miles

  • Student Parking

    1.02 miles

  • East Campus Parking Garage

    1.14 miles

  • Parking G

    3.40 miles

  • Hotel Indigo Waco - Baylor

    0.10 miles

  • Residence Inn Waco

    0.16 miles

  • SpringHill Suites

    0.29 miles

  • Hilton Waco

    0.30 miles

  • Courtyard Waco

    0.42 miles

  • Rodeway Inn

    0.64 miles

  • La Quinta Inn and Suites

    0.68 miles

  • OYO Hotel Waco Baylor

    0.68 miles

  • Aloft Waco Baylor

    0.69 miles

  • 1700 South 2nd

    1.06 miles

  • Ninfa's

    0.14 miles

  • The Olive Branch Bakery & Cafe

    0.16 miles

  • Bankok Royale

    0.21 miles

  • Cheddar Box Food Truck

    0.28 miles

  • Chipotle

    0.29 miles

  • Smoothie King

    0.29 miles

  • Pie Five

    0.30 miles

  • Jersey Mike's Subs

    0.31 miles

  • Twisted Root Burger Company

    0.31 miles

  • Torchy's Tacos

    0.34 miles

  • A J Moore Academy

    0.26 miles

  • Waco Pre Kindergarten Center

    0.26 miles

  • Robinson Tower

    0.33 miles

  • Baylor University

    0.34 miles

  • Cesar Chavez Academy

    0.45 miles

  • South Waco Junior High School

    0.49 miles

  • George W. Truett Theological Seminary

    0.54 miles

  • Martin Residence Hall

    0.56 miles

  • Jefferson School

    0.58 miles

  • Penland Residence Hall

    0.59 miles

  • Talitha Koum Institute

    0.78 miles

Frequently Asked Questions

How much does 401 S 3rd St cost?

The sale price for 401 S 3rd St is available upon request. Contact the listing broker for more information.

What is the total square footage of 401 S 3rd St?

401 S 3rd St totals 41,679 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

Cromwell Commercial Group | Coldwell Banker Apex, Realtors

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