Buildings rarely come available on Austin Avenue and now, the WM & K Clemens building is for sale. Located on arguably the most popular street in Downtown Waco, this property offers an excellent redevelopment opportunity in a fantastic location. Situated in the middle of the entertainment district, this property is adjacent to one of Magnolia's most recent purchases. Which is now one of the most anticipated project announcements of 2019. The building offers tall ceilings, huge and plentiful windows, multiple floors and an incredible store-front entrance. The development opportunities are wide-open, given the location and historical structure of the building. This is a great opportunity for a relatively small redevelopment project. Many additional amenities will be noticed upon touring the property. This building is located within the TIF & PID zones and has also been designated as a Contributing Historic Structure in the downtown overlay. All offer great opportunities for development potential.
This property is located on the corner of Austin Avenue and 7th Street. Austin Avenue has historically remained Waco's prized thoroughfare, offering fantastic walkability and a mixed-use atmosphere attracting daytime employment, tourism, students and a lively night-life.
|Building Size||17,226 SF|
|Available Date||Jul 31st, 2019|
Located in TIF, PID & Designated Contributing Historical Structure
Great visibility throughout Downtown
Great Development Potential w/ Existing Structure
Rare opportunity to own on CRE on Austin Ave.
Neighboring the anticipated Magnolia RedevelopmentAdditional Media Area Demographics