For Sale $1,800,000
Property Type Industrial
Date Updated Apr 25, 2024
Website www.cbcworldwide.com

Buildings rarely come available on Austin Avenue and now, the WM & K Clemens building is for sale. Located on arguably the most popular street in Downtown Waco, this property is in the middle of the entertainment district and offers an excellent redevelopment opportunity in a fantastic location. Multiple new developments occurring all around this property. The building offers tall ceilings, huge and plentiful windows, multiple floors and an incredible store-front entrance. The development opportunities are wide-open, given the location and historical structure of the building. This is a great opportunity for a relatively small redevelopment project. This building is located within the TIF & PID zones and has also been designated as a Contributing Historic Structure in the downtown overlay. All offer great opportunities for development potential.

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Highlights

Great visibility throughout Downtown
Located in TIF, PID & Contributing Historical Structure
Great Development Potential w/ Existing Structures
Across the Street from Magnolia's new hotel & Tecovas

Contacts

Gregg Glime

Coldwell Banker Commercial Apex, Realtors

(254) 313-0000

Location

Getting Around

Walk Score ®
83/100 Very Walkable
Bike Score ®
55/100 Bikeable

Map
Street

City Waco, TX
Neighborhood Brazos
Zip Code 76701
Market Central East Texas

Points of Interest

7-Eleven

0.68 miles
Valero

0.68 miles
Exxon

0.78 miles
Speight Foodmart

1.17 miles
Shell

1.36 miles
Valero

1.39 miles
Sunoco

1.44 miles
Cefco

1.45 miles
Chevron

1.54 miles
Clark

1.74 miles

Twisted Root Parking

0.68 miles
5th St. Parking Garage

0.87 miles
8th St. Parking Garage

0.93 miles
Dutton Parking Garage

0.94 miles
Visitor Parking Lot

0.96 miles
Speight Plaza Building and Parking Garage

1.20 miles
Student Parking

1.28 miles
East Campus Parking Garage

1.46 miles
Parking G

3.12 miles
Parking C

3.15 miles

Southern Roots Brewing Company

0.11 miles
Ninfa's

0.36 miles
The Olive Branch Bakery & Cafe

0.40 miles
Bankok Royale

0.46 miles
Sonic

0.58 miles
Jersey Mike's Subs

0.59 miles
Pie Five

0.60 miles
Torchy's Tacos

0.60 miles
McAlister's

0.60 miles
Smoothie King

0.60 miles

Care Net

0.38 miles
Mission Waco

1.06 miles
Elm Ave Community Clinic

1.18 miles
The Mix Cafe

1.32 miles
Doris Miller YMCA

1.33 miles
Provident Heights Elementary

1.61 miles
Carver Middle School

1.77 miles
Franklin Center

1.98 miles
H-E-B plus!

2.26 miles
H-E-B Plus!

2.73 miles

Waco Central Fire Station

0.30 miles
Meyer Center Community Clinic

0.45 miles
Waco-McLennan County Health District

0.64 miles
Premier ER & Urgent Care

0.68 miles
Waco Fire Station 7

0.86 miles
Waco Fire Station 1

1.03 miles
Waco Fire Station 4

1.18 miles
Waco Fire Station 6

1.82 miles
Walgreens

2.09 miles
CVS Pharmacy

2.19 miles

Frequently Asked Questions

What is the lease rate for 701 Austin Ave?

Rental asking rate at 701 Austin Ave is $900,000.00/YR.

What is the total square footage of 701 Austin Ave?

701 Austin Ave totals 17,226 square feet.

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