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1500 S 18th St 3,300 SF Retail Building Waco, TX 76706 $1,500,000 ($454.55/SF)
Investment Highlights
- Located in Downtown Waco near major activity hubs including Baylor University.
- Single-building layout designed for restaurant or retail use with ample parking availability.
- Convenient access to Interstate 35 and primary arteries ensures connectivity.
- Strong local traffic patterns contribute to high customer visibility.
Executive Summary
This 3,300 SF retail building at 1500 S 18th St offers an excellent owner-user or investment opportunity in Downtown Waco. The single-story property sits on a 0.54-acre site zoned C-2 and is currently configured for food service restaurant use. With its proximity to Baylor University and Downtown Waco, the property benefits from strong local traffic and easy accessibility from major road networks, including Interstate 35 and surrounding arteries.
Constructed in 1985, the building has maintained functional adaptability, making it suitable for a variety of retail or quick-service restaurant concepts. The location provides steady customer flow from nearby residential neighborhoods, educational institutions, and business centers. Waco's growing economy and continuous urban revitalization enhance the long-term value of this property, positioning it as a compelling acquisition for those seeking to maximize exposure and capitalize on the region’s expansion.
Constructed in 1985, the building has maintained functional adaptability, making it suitable for a variety of retail or quick-service restaurant concepts. The location provides steady customer flow from nearby residential neighborhoods, educational institutions, and business centers. Waco's growing economy and continuous urban revitalization enhance the long-term value of this property, positioning it as a compelling acquisition for those seeking to maximize exposure and capitalize on the region’s expansion.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,300 SF
Building Class
C
Year Built
1985
Price
$1,500,000
Price Per SF
$454.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.54 AC
Zoning
C-2
Parking
36 Spaces (10.91 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 48-022500-021301-1 | Improvements Assessment | $386,900 |
| Land Assessment | $585,900 | Total Assessment | $972,800 |
Property Taxes
Parcel Number
48-022500-021301-1
Land Assessment
$585,900
Improvements Assessment
$386,900
Total Assessment
$972,800
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1500 S 18th St