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32654556
32654557

1516 East Waco Drive, Waco, TX 76704 For Sale

BH
TX TX 363789
Onward Real Estate Team - Keller Williams
Listed by Onward Real Estate Team - Keller Williams
$184,900
65 days on market
Updated 9 days ago

1,581 SF Retail Space For Sale at 1516 E Waco Drive

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,581
Net Rentable (SqFt) 1,581
Units 1
Tenancy Single
Lease Type NNN
Year Built 1961
Year Renovated 2026
Acreage 0.310
Zoning C-3
Ground Lease No

Retail Space for Sale | 1,581 SF

Marketing description

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.

Investment highlights

  • New Roof (2026) — major capital expense already done
  • Interior buildout in progress — opportunity to customize to tenant/buyer specs
  • 3 Grade Level Doors 10'x10' — move-in ready for operational tenants
  • Traffic Counts:
    • Interstate Hwy 35: ±97,155 vehicles/day
    • US 77: ± 7,723 vehicles/day
    • US 84: ±10,103 vehicles/day

Listing Contacts

BH
TX TX 363789
Onward Real Estate Team - Keller Williams
Listed by Onward Real Estate Team - Keller Williams

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Additional Information

Name
Brad Harrell
License
TX 363789
Brokerage
Onward Real Estate Team at KW Commercial
Brokerage Phone
2548700050
Title
Real Estate Broker Associate
Brokerage Address
3701 West Waco Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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