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29766718
29766753

520 Elm Ave, Waco, TX 76704

ME
TX 0485908
heritage real estate
Listed by heritage real estate
$1,600,000
108 days on market
Updated 108 days ago
Opportunity zone

The Brazos Event Center

Details
APN 480346000077016
Property Type Retail, Business for Sale
Sub Type Business and Building, Commercial (+1)
Square Footage 4,980
Units 1
Price per SqFt $321
Year Built 1928
Stories 2
Acreage 0.132
Zoning Commercial

Retail | 4,980 SqFt

Marketing description

Amazing opportunity to own your own event center near downtown Waco, Texas!! The Brazos event center, a historic 1928 building located at 520 elm Ave, Waco, tx 76704, is currently available as a commercial real estate opportunity in the rapidly developing elm avenue district. Situated in a public improvement district, the venue is minutes away from key Waco landmarks including the Alico building, McLane stadium, Baylor university campus, spice village, the backyard and the magnolia silos. Downtown Waco is the location of the Waco Hilton, aloft hotel, hotel indigo Waco, the suspension bridge, Indian springs park and many popular restaurants and bars and more! The Brazos event center is part of a significant revitalization effort in the elm avenue corridor: improved streets which are adorned with new decorative lampposts and new sidewalks with railings are just some of the improvements. This site is situated near the broader $1.4 billion downtown Waco redevelopment initiative, which includes a new convention center and performing arts venue breaking ground in 2026. The facility is a versatile rental space frequently used for weddings and receptions, anniversaries, proms, Quinceaneras, etc. Downstairs: open entertaining area, a kitchen equipped with stainless steel sinks, prep tables, a commercial refrigerator, and an ice maker. It also features ADA-compliant restrooms. Upstairs: private rooms designated for meetings or preparation areas (E.G., bride and groom rooms). Other pluses are multiple storage closets, 22 round tables, 7 rectangle tables, @300 folding chairs, sprinkler system, 3 cha units, other various tables with chairs and reasonable utility costs. The city of Waco fire Marshall has occupancy at 289. **construction of 12 new townhouses are breaking ground soon directly across the street. Selling the building as is. Income and expense information upon request. Schedule your showing today!

Investment highlights

  • Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21178704#tour
  • Heating: central, electric
  • Cooling: central air, ceiling fan(s), electric
  • Sewer: public sewer
  • Water source: public
  • Utilities: cable available, electricity connected, natural gas available, phone available, sewer available, separate meters, water available
  • Virtual Tour Link: https://www.propertypanorama.com/instaview/ntreis/21178704

Listing Contacts

ME
TX 0485908
heritage real estate
Listed by heritage real estate

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Additional Information

Name
Mitzi Eves
License
0485908
Brokerage
Heritage Real Estate Group
Brokerage Phone
2547441692
Title
Real Estate Broker
Brokerage Address
205 North McKinney Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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