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1,581 SF Retail Building For Sale 1516 E Waco Dr 1,581 SF Flex Building Waco, TX 76704 $184,900 ($116.95/SF)



Investment Highlights
- New Roof (2026) — major capital expense already done
- 3 Grade Level Doors 10'x10' — move-in ready for operational tenants
- Interior buildout in progress — opportunity to customize to tenant/buyer specs
Executive Summary
The Onward Real Estate Team is pleased to present this versatile commercial building located along East Waco Drive (US Highway 84) in Waco, Texas.
Offering 1,581 square feet on 0.31 acres, the property features three grade-level roll-up doors, each measuring 10' x 10', making it well-suited for retail, light distribution, or service-oriented uses.
A new roof was installed in 2026, eliminating a major capital expense for the incoming owner or tenant. Interior build-out is currently in progress, offering the opportunity to customize the space to buyer or tenant specifications.
The property benefits from outstanding visibility and accessibility, situated just off US-84 with direct exposure to approximately 10,000 vehicles per day. Interstate 35 runs nearby with traffic counts exceeding 97,000 vehicles per day, placing this property within one of Waco's strongest commercial corridors.
An ideal starter investment or owner-user opportunity. Contact the Onward Real Estate Team at (254) 870-0050 or visit us at onwardcre.com.
Offering 1,581 square feet on 0.31 acres, the property features three grade-level roll-up doors, each measuring 10' x 10', making it well-suited for retail, light distribution, or service-oriented uses.
A new roof was installed in 2026, eliminating a major capital expense for the incoming owner or tenant. Interior build-out is currently in progress, offering the opportunity to customize the space to buyer or tenant specifications.
The property benefits from outstanding visibility and accessibility, situated just off US-84 with direct exposure to approximately 10,000 vehicles per day. Interstate 35 runs nearby with traffic counts exceeding 97,000 vehicles per day, placing this property within one of Waco's strongest commercial corridors.
An ideal starter investment or owner-user opportunity. Contact the Onward Real Estate Team at (254) 870-0050 or visit us at onwardcre.com.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 1,581 SF
- Retail
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,581 SF | Retail | - | Now |
1st Floor
| Size |
| 1,581 SF |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| Now |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 48-035000-003200-0 | Improvements Assessment | $22,490 |
| Land Assessment | $60,180 | Total Assessment | $82,670 |
Property Taxes
Parcel Number
48-035000-003200-0
Land Assessment
$60,180
Improvements Assessment
$22,490
Total Assessment
$82,670
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1,581 SF Retail Building For Sale | 1516 E Waco Dr
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