Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Historic downtown Waco property.
  • C-4 commercial zoning.
  • Walking distance to downtown amenities and attractions.
  • Prime Austin Avenue location.
  • Former art gallery and creative space.
  • Strong redevelopment and investment potential.

Executive Summary

712 Austin Avenue presents a rare opportunity to acquire or lease a historic downtown Waco commercial property in the heart of the city’s revitalized urban core. Formerly occupied by Cultivate 7Twelve, this two-story building offers approximately 9,284 square feet of flexible retail, office, gallery, entertainment, or mixed-use space within one of Waco’s most active commercial districts.
Constructed in 1918, the property combines historic character with the advantages of a highly visible downtown location. Positioned along Austin Avenue near the Brazos River, Cameron Park, restaurants, entertainment venues, and major downtown attractions, the building benefits from strong pedestrian activity and growing demand for downtown commercial space.
The property is zoned C-4, allowing a wide variety of commercial uses. City water and sewer services are available, along with electric and natural gas utilities. The building’s size, location, and flexible layout make it suitable for owner-users, investors, creative office users, retailers, galleries, hospitality concepts, or mixed-use redevelopment opportunities.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,284 SF
Building Class
B
Year Built
1918
Price
$999,000
Price Per SF
$107.60
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,642 SF
Building FAR
1.73
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
C-4

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 4,642 SF
  • Office
  • Partial Build-Out
  • Now

Formerly an art gallery, this two-story building offers approximately 9,284 square feet of flexible retail, office, gallery, entertainment, or mixed-use space within one of Waco’s most active commercial districts. Constructed in 1918, the property combines historic character with the advantages of a highly visible downtown location. Positioned along Austin Avenue near the Brazos River, Cameron Park, restaurants, entertainment venues, and major downtown attractions, the building benefits from strong pedestrian activity and growing demand for downtown commercial space.

  • 2nd Floor
  • 4,642 SF
  • Office
  • Partial Build-Out
  • Now

Formerly an art gallery, this two-story building offers approximately 9,284 square feet of flexible retail, office, gallery, entertainment, or mixed-use space within one of Waco’s most active commercial districts. Constructed in 1918, the property combines historic character with the advantages of a highly visible downtown location. Positioned along Austin Avenue near the Brazos River, Cameron Park, restaurants, entertainment venues, and major downtown attractions, the building benefits from strong pedestrian activity and growing demand for downtown commercial space.

Space Size Space Use Build-Out Available
1st Floor 4,642 SF Office Partial Build-Out Now
2nd Floor 4,642 SF Office Partial Build-Out Now

1st Floor

Size
4,642 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

2nd Floor

Size
4,642 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 4,642 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Formerly an art gallery, this two-story building offers approximately 9,284 square feet of flexible retail, office, gallery, entertainment, or mixed-use space within one of Waco’s most active commercial districts. Constructed in 1918, the property combines historic character with the advantages of a highly visible downtown location. Positioned along Austin Avenue near the Brazos River, Cameron Park, restaurants, entertainment venues, and major downtown attractions, the building benefits from strong pedestrian activity and growing demand for downtown commercial space.

2nd Floor

Size 4,642 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Formerly an art gallery, this two-story building offers approximately 9,284 square feet of flexible retail, office, gallery, entertainment, or mixed-use space within one of Waco’s most active commercial districts. Constructed in 1918, the property combines historic character with the advantages of a highly visible downtown location. Positioned along Austin Avenue near the Brazos River, Cameron Park, restaurants, entertainment venues, and major downtown attractions, the building benefits from strong pedestrian activity and growing demand for downtown commercial space.

Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
48-015100-001900-7
Land Assessment
$114,310
Improvements Assessment
$675,690
Total Assessment
$790,000
  • Listing ID: 34834651

  • Date on Market: 2/14/2025

  • Last Updated:

  • Address: 712 Austin Ave, Waco, TX 76701

Contact the Sale Advisor

712 Austin Ave

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}