- For Sale Contact for pricing
- Property Type Retail
- Lot Size 20,182 SF
- Date Updated Jun 7, 2026
Description
Franklin Avenue is one of Downtown Waco's most traveled streets and 5th Street serves as a primary vehicle and pedestrian connector between downtown's two primary entertainment districts. This re-development opportunity offers the flexibility to purchase a leasable office building and/or completely revitalize a professional office or mixed-use downtown development.
The property offers the opportunity for ground floor, storefront retail along 5th Street and Franklin Ave with residential or office redevelopment of the second and third floors. This property is strategically located between the federal and county courthouses and surrounded by food, beverage and entertainment retailers. On-site, gated, exclusive parking services this building accompanied by ample street parking and public garage parking at the intersection. * DO NOT DISTURB EXISTING TENANT *
Highlights
- Located within both a TIF Zone and Opportunity Zone.
- On-site private parking and adjacent to public parking garage
- Ready for owner-user, leasehold occupancy or redevelopment opportunity
False
Contacts
Gregg Glime
Cromwell Commercial Group | Coldwell Banker Apex, Realtors
Location
Located at 500 Franklin Ave, Waco, TX 76710, this property is part of the Brazos neighborhood and Central East Texas market.
Contact Listing Broker
Gregg Glime
Cromwell Commercial Group | Coldwell Banker Apex, Realtors
