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Retail Strip Center at 806 - 822 Elm Avenue 806 Elm Ave 4,827 SF 100% Leased Retail Building Waco, TX 76704 $1,399,900 ($290.01/SF)
EXECUTIVE SUMMARY
Retail Strip Center in the Heart of Waco’s Revitalized East Side!
Prime Multi-Tenant Retail Strip Center in Revitalization Area – 806-822 Elm Ave, Waco, TX
Discover a fantastic investment opportunity with this ± 7,320 SF multi-tenant retail strip center, strategically located in a thriving revitalization district of Waco, TX. Positioned on 0.49 acres (21,344 SF) along Elm Avenue, this property offers excellent visibility, flexible leasing opportunities, and a strong potential for appreciation.
Property Highlights:
? Multi-Tenant Retail Center – Diverse tenant mix with short-term leases, offering flexibility for new ownership.
? Recent Upgrades – A brand-new roof (2023) enhances property longevity and appeal.
? Additional Warehouse/Storage Space – On-site storage provides extra functionality for tenants.
? Revitalization Area – Located in a rapidly developing district, attracting new businesses and increased foot traffic.
? Zoning: C-4 (Central Commercial District) – Ideal for various commercial uses.
Investment Potential:
As the East Side of Waco experiences significant growth and revitalization, Elm Avenue is emerging as a dynamic commercial corridor. This retail strip center offers a prime opportunity for investors and business owners to be part of the area’s transformation and capitalize on the increasing demand for retail and commercial space in this thriving district. For more information, please visit us online at OnwardCRE.com or give us a call at 254.870.0050!
Prime Multi-Tenant Retail Strip Center in Revitalization Area – 806-822 Elm Ave, Waco, TX
Discover a fantastic investment opportunity with this ± 7,320 SF multi-tenant retail strip center, strategically located in a thriving revitalization district of Waco, TX. Positioned on 0.49 acres (21,344 SF) along Elm Avenue, this property offers excellent visibility, flexible leasing opportunities, and a strong potential for appreciation.
Property Highlights:
? Multi-Tenant Retail Center – Diverse tenant mix with short-term leases, offering flexibility for new ownership.
? Recent Upgrades – A brand-new roof (2023) enhances property longevity and appeal.
? Additional Warehouse/Storage Space – On-site storage provides extra functionality for tenants.
? Revitalization Area – Located in a rapidly developing district, attracting new businesses and increased foot traffic.
? Zoning: C-4 (Central Commercial District) – Ideal for various commercial uses.
Investment Potential:
As the East Side of Waco experiences significant growth and revitalization, Elm Avenue is emerging as a dynamic commercial corridor. This retail strip center offers a prime opportunity for investors and business owners to be part of the area’s transformation and capitalize on the increasing demand for retail and commercial space in this thriving district. For more information, please visit us online at OnwardCRE.com or give us a call at 254.870.0050!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,827 SF
Building Class
C
Year Built
2004
Price
$1,399,900
Price Per SF
$290.01
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
M1
Parking
16 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 48-041900-009300-3 | Improvements Assessment | $221,410 |
| Land Assessment | $64,350 | Total Assessment | $285,760 |
PROPERTY TAXES
Parcel Number
48-041900-009300-3
Land Assessment
$64,350
Improvements Assessment
$221,410
Total Assessment
$285,760
CONTACTS
-
Brad Harrell -
Adam Voight -
Xavier Rosas -
Onward Real Estate Team at KW Commercial
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Retail Strip Center at 806 - 822 Elm Avenue | 806 Elm Ave
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