Waco Real Estate | Waco Commercial Properties for Sale

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!

520 Elm St, Waco

$900,000

21358655 MLS

Move-in ready professional office, excellent location with quick access to Waco Drive, Valley Mills Dr, and Highway 6. Reception, 7 offices, 1 conference room, bullpen, 2 bathrooms, and kitchen. Exceptional man-cave upstairs.

3640 W Waco Dr, Waco

$950,000

21346566 MLS

Rare opportunity to acquire five townhomes within the same complex. These units present a value add opportunity for multifamily investors. Three units are 3 bed 2 bath, each 1,520 SF. Two units are 1 bed 1 bath, each encompassing 738 SF. These units stay occupied and tenant pays all utilities. All units have a new roof as of July 2025. Four units are in long term leases and one unit is MTM. These townhomes are within close proximity to I-35, TSTC Technical College and Downtown Waco. Please ask listing agent for rent roll and financials.

10,12,14,16 20 Addi Unit 10,12,14,16,20, Waco

$685,000

21351093 MLS

Stand alone building with ample parking. Features front reception & waiting area, several private offices & exam rooms, breakroom, and a large administrative area. Convenient location near Hillcrest Dr, near MacArthur Dr

3400 Hillcrest Dr, Waco

$700,000

21334696 MLS

Opportunities of this scale rarely come to market. Situated prominently on a corner lot with over half an acre, this landmark property boasts more than 11,000 square feet of versatile space. Designed to support a thriving congregation and dynamic community outreach, the facility blends grand gathering areas with highly functional administrative and educational wings. An expansive dedicated parking lot and excellent street visibility ensure it is ready to welcome a substantial community. At the heart of the facility is the magnificent main sanctuary. This open-concept worship space features impressive volume and excellent lines of sight, creating an atmosphere perfectly suited for weekly services, large-scale conferences, weddings, or concerts. Directly supporting the sanctuary is a massive, oversized fellowship hall. This versatile space acts as the social hub of the campus, ideal for hosting banquets, community outreach programs, or recreational activities. Recognizing the importance of youth programming, the building features a dedicated wing for children’s ministries. Multiple secure rooms offer flexible layouts for Sunday school, youth groups, or a weekday daycare. For the leadership team, a quiet administrative wing provides multiple private offices for counseling and daily operations. If you're looking to expand a ministry, this property offers the square footage, parking, and premier corner location to turn that vision into reality.

2200 Ross Ave, Waco

$850,000

21326698 MLS

7527 Karl May Dr, Waco

$549,900

21321923 MLS

OWNER FINANCE Available! Prime Commercial Opportunity on Waco's Franklin Avenue Corridor Position your business for success with this exceptional commercial property located on the highly traveled Franklin Avenue Corridor in the heart of Waco. Situated on a prominent corner lot with outstanding visibility and high daily traffic counts, this property offers the exposure your business deserves—plus flexible owner financing options to help make your investment a reality. Formerly home to the well-established David Gonzales Farmers Insurance Agency, this versatile building is ready for its next chapter. With a few cosmetic updates, the space can easily be transformed into a professional office, medical or dental practice, title company, salon, spa, boutique, café, restaurant, or a variety of retail or service-based businesses. Inside, you'll find a functional floor plan featuring a welcoming reception area that opens into a spacious common workspace, two private offices, two restrooms, and an additional waiting area or flex space that can be customized to fit your business needs. A reinforced concrete room—formerly used as a bank vault—provides unique opportunities for secure storage, records, inventory, or valuables. Outside, the property offers a fenced and secured parking area, ideal for businesses requiring protected vehicle storage, equipment security, or additional space for a storage building or workshop. Whether you're expanding your business, launching a new venture, or investing in one of Waco's most recognizable commercial corridors, this property offers location, flexibility, and tremendous potential. Owner financing terms available upon request. Showings by appointment only with a signed Buyer Representation Agreement or agency disclosure.

2501 Franklin Ave, Waco

$440,000

21315144 MLS

Rare opportunity to acquire a 3,780 sq ft commercial building formerly operating as JRG's Bar & Grill, a well-known and well-loved Waco entertainment venue with a strong local following. This sale is for the real estate only, giving the next owner a clean slate with an already-optimized space. The layout is efficient, the infrastructure is in place, and the location is proven. Situated on over 3 quarters of an acre in Waco's Beverly Hills corridor, the property offers high visibility from S 29th St, multiple parking spaces, and easy access for both neighborhood regulars and drive-by traffic. Whether you're an experienced operator ready to rebrand, an entrepreneur launching your first concept, or a commercial investor seeking a versatile Waco asset, this building checks the boxes. Central Texas's growth continues to drive demand for dining and entertainment, and this location is positioned to benefit. Showings by appointment only.

1601 S 29th, Waco

$320,000

21292409 MLS

Located in the heart of Waco, 2419 Herring Avenue presents a dynamite opportunity for investors, entrepreneurs, and business owners seeking a versatile commercial property in a highly accessible location with potential for two tenants. Situated on a prominent corner lot with ample on-site parking, this building was constructed in 2009 and offers multiple potential uses. The property is currently configured as two separate suites. One side was previously occupied by a check-cashing business, while the other features a spacious reception and lobby area, three private offices, and a restroom. This flexible layout makes the property ideal for professional offices, retail, financial services, medical-related uses, or owner-occupant business operations. With excellent visibility, convenient access, and a functional floor plan, 2419 Herring offers the perfect combination of location, flexibility, and opportunity. Whether you’re looking to expand your business or generate rental income, this property is well-positioned to meet a variety of commercial needs.

2419 Herring Ave Unit B, Waco

$90,000

21281506 MLS

Prime commercial lot opportunity located at 2414 N 18th St in Waco, TX. This 0.16-acre lot totaling approximately 7,000 sqft is zoned C-3 General Commercial, allowing for a wide variety of commercial uses including retail, office, service-based businesses, and more. Positioned in an established area with convenient access to major roads and surrounding businesses, this property offers excellent potential for future development or investment. Great opportunity to secure a commercially zoned lot in a growing area of Waco.

2414 N 18th St, Waco

$600,000

21267788 MLS

Fully functioning automotive building with multiple roll up doors, located on Franklin Avenue with additional warehouse space in the back. Tenant is currently on a month-to-month lease. Contact Listing Agent for Tenant history and property financials.

3421 Franklin Ave, Waco

$399,900

21254053 MLS

Priced over $300,000 below MCAD market value. Positioned on a prime corner lot in Waco, Texas, this exceptional commercial opportunity offers over 8,600 square feet of versatile space with outstanding visibility and accessibility. The well-maintained property features multiple classrooms, spacious gathering and worship areas, offices, kitchen facilities, and several fenced play yards, providing endless possibilities for a variety of uses. Designed with flexibility in mind, the layout is ideal for a church, private school, daycare, community center, nonprofit organization, event venue, or potential redevelopment opportunity (subject to zoning). The property also offers ample parking and a strong presence within an established area of Waco with convenient access to major roads, surrounding neighborhoods, and local businesses. Rarely do properties of this size, functionality, and location become available at a price below $65 per square foot—making this an incredible investment and growth opportunity. Priced to sell - below $56.00 a square foot.

2225 Cumberland Ave, Waco

$634,000

21259008 MLS

North side of China Spring Rd SH1637 with direct road frontage, surface parking with drive-around circulation, west side borders Granada Dr, near intersection of Saddle Creek Rd, neighboring uses include restaurant, tobacco shop, auto detailing, and insurance offices, residential subdivision to the north along Valencia Dr, C3 zoning, 0.55 AC 22,216 SF lot, single-story masonry building 4,500 SF, built 2003

10215 China Spring Rd, Waco

$795,000

21256349 MLS

2 units 3900 sq.ft. each with breezeway, and elevated roof level platform between buildings. Buildings were built in 1920 and 1935. Multiple possibilities available. One side has been a recording studio, an office, furniture store, a residence. The other side has recently been used as a warehouse storage facility. The rear patio area is covered and secured with iron gate and security bars enclosure into alley access.

1013 Austin Ave, Waco

$219,000

21249539 MLS

Prime commercial opportunity in the heart of Waco with exceptional visibility and positioning on highly trafficked W Waco Dr. This ±0.56-acre property, spanning two lots, offers direct frontage on one of the city’s main corridors—providing constant exposure, strong accessibility, and long-term investment potential. The site features a clean, usable layout with a flat topography and existing concrete pad remnants, allowing flexibility for redevelopment or new construction. Whether you’re planning retail, office space, service-based business, or a long-term investment hold, this property provides a strong foundation for multiple commercial uses. Zoned C-2, the property allows for a wide range of permitted uses, making it highly attractive to both investors and business owners. Unlike interior parcels, this location benefits from high daily traffic counts and surrounding commercial activity, creating built-in visibility and customer flow that is critical for business success. The surrounding area continues to grow, with a mix of established businesses and residential neighborhoods that support ongoing demand. This combination of location, zoning, and exposure positions the property above typical land offerings in the area. Strategically priced to attract serious buyers while reflecting its premium location, this property offers both immediate opportunity and long-term upside. Whether your goal is development, business use, or investment, this site delivers the key factors that drive value—visibility, flexibility, and growth potential. Seller is offering owner financing—contact listing agent for terms and details. Don’t miss this opportunity to secure high-visibility commercial land in a rapidly growing area of Waco.

2217 W Waco Dr Unit 2221, Waco

$1,200,000

21242504 MLS

Rare 5.14-Acre Industrial-Mixed-Use Development Opportunity Positioned in a high-growth corridor, with nearby McLane Stadium this 5-acre site offers unparalleled versatility under its C-2 zoning. Perfect for an owner-user or developer seeking a blend of light industrial, heavy commercial, and retail potential. (Zoning: C-2 Mixed-Use, permitting warehousing, equipment storage, and large-scale retail.) Immediate access to the Loop and ease of Orchard to either I-35, Loop 340, or Hwy 6, optimized for heavy truck traffic. Ideal for flex-space, a distribution center, or a multi-tenant business park.

1300 S Loop Dr, Waco

$974,999

21224035 MLS

Welcome to 400 Precision Dr in Waco, Texas, an excellent commercial opportunity in a high-traffic location. This property is zoned C-3 General Commercial, allowing for a wide range of uses including retail, restaurant, office, and automotive. Located just off Franklin Avenue and Valley Mills Drive, the property sees strong exposure with over 50,000 vehicles passing through the area daily, making it ideal for businesses needing visibility and access. The lot provides 1.74 acres and sits within Waco city limits, surrounded by established commercial growth. If you’re looking for a well-located commercial site with flexible zoning and strong traffic counts, this is a great option. Reach out for more details.

400 Precision Dr, Waco

$539,000

21215721 MLS

Exceptional business opportunity with diverse automotive business options. Established, busy Auto repair shop with tremendous potential to expend business operations into Auto bodywork, tire repair, towing service and used car sales lot. Also, a homeowner occupied, 3 bedroom, 1 bath home, located in the property. A 2,260 sq-ft shop building, built in 2024 with 2 heavy duty lifters which will convey with sale. Home, built in 1946

1103 N Lacy Dr, Waco

$60,000

21188454 MLS

Location, Location, Location! Sitting in a heavy traffic street, one of our main roads that connects many highways. This property will not last long! This is the perfect spot to build your new office or business! Over 26,000 views in traffic count daily. This one is ready to‌‌‌‌‌‌‌‌‌‌‌‌ go!

510 N 16th St, Waco

$235,000

21139687 MLS

Your Personal Aviation HUB Privately Owned Airplane Hangar for sale at McGregor Executive Airport. Discover a well-equipped 2100 sq ft airplane hangar located at the convenient and growing McGregor Executive Airport. This versatile hangar offers everything needed for aircraft storage, maintenance, or aviation operations. Features include: 42' x50' hangar, including a concrete pad, apron, and sidewalks, constructed on an individually surveyed, leased lot. Main Access: 1 - 38' x 14' hi-fold door for easy aircraft entry and exit. Side Entries: 2 - 3' x 6'8 side entry doors for convenient access. Rear Access: 1 - 8' x 8' rear entry rollup overhead door for additional versatility. Utilities: water meter and sewer hookup ensure easy utility management. Electrical Setup: Commercially wired with standard plug outlets, 6 interior LED ceiling lights and 2 exterior LED flood lights. 24-hour access: Enjoy unrestricted access to your hangar at any time, day or night. Epoxy flooring: The finishing touch of the epoxy flooring not only looks great but is also low-maintenance and easy to clean. Spray-foam insulation for improved temperature control and energy efficiency. Work and play, you have the perfect space for tinkering, repairs, or even some light modifications. Runway proximity: you'll enjoy the convenience of quick take-offs and landings.

27474 W Hwy 84, Unit 24, Waco

$305,000

21129028 MLS

Welcome to this incredible 0.72 ± acre commercial lot perfectly positioned in one of Waco’s hottest and fastest-growing areas! Surrounded by local restaurants, shops, grocery stores, and major malls, this prime location offers unbeatable visibility and convenience. With three water meters already in place, the groundwork is set for your next venture. Whether you're an investor or a business owner, this is your chance to build and grow in a highly sought-after area. Your business opportunity awaits—don’t miss out on this prime piece of Waco real estate!

105, 107, 109, 111 Victory, Waco

$349,999

21108757 MLS

Prime Commercial Property Opportunity!! Unlock the potential of this impressive commercial offering! A series of three well-positioned buildings totaling over 12,500 square feet of versatile space! This corner lot is an ideal investment for business owners and investors seeking prime real estate with ample space for diverse commercial ventures. The property includes an additional vacant lot (Zoned O3), opening endless possibilities for expansion or additional development. Strategically located for easy access making it exceptionally convenient. Its high-visibility corner position ensures excellent exposure for any business, while the spacious layout provides flexibility for a range of uses. Ample square footage and an extraordinary location, this property is ready to support business growth, attract customers, and deliver investment returns. Don’t miss out on the chance to secure a commercial asset with this much potential! 1501,1505,1509,1513(Lot) Herring to be included in sale!

1501 Herring Ave, Waco

$1,750,000

20961052 MLS

PRIME development property in the absolute heart of Wacotown is now for sale! ~~~ Comprising 1.26 acres on a flag shaped lot, this site is well suited to development of multi-family, retail, or institutional use. ~~~ Daily traffic on New Road is estimated to be nearly 18,000 unique drivers per day while the site is next door to a Dollar General, Schlotzsky's, and the new Natural Grocers locations while churches, multi-family, schools, and even banks are ALL adjacent or across the street. ~~~ Formerly the home to an elementary school, the building has been razed so that development can proceed immediately. ~~~ For inquiries or to walk the site, please call or text so that you can acquire one of the last, remaining development sites in the entirety of Waco's urban core~

720 N New Rd, Waco

$3,950,000

20928503 MLS

Introducing The Curry Building in Downtown Waco, Texas! This 11,595 SF commercial building, constructed in 1951, presents an exceptional prospect for retail and free-standing building investors. Zoned C-4 (Central Commercial District) the property offers versatility and potential for a range of businesses. Its well-maintained structure and strategic location in the heart of Waco make it an attractive choice for investors seeking a high-traffic, high-visibility location. With a rich history and ample space for customization, this property is primed for success in the bustling Waco area. Don't miss out on the chance to make this trophy piece building your next investment venture. Discover an incredible investment opportunity in the heart of Waco, TX. The area surrounding The Curry Building buzzes with vibrant energy and prime commercial potential. Situated amid the thriving downtown district, investors are drawn to the dynamic mix of retail and entertainment options. The property's proximity to the popular Magnolia Market at the Silos and the historic Waco Suspension Bridge ensures a steady flow of visitors, while nearby eateries and boutique shops contribute to the area's allure. With its strategic location and promising market trends, The Curry Building presents an ideal opportunity for retail and free-standing building investors seeking a high-traffic, high-visibility location.

611 Washington Ave, Waco

$425,000

215917 MLS

Prime development location for high-end retail or office. This 40,000 SF (+/-) lot is in the heart of the Waco Retail Zone. The lot is flat and ready for development. City of Waco services are in place. Natural gas is already in place to the site. This property is shared with access to other retail spots. Minutes to Downtown Waco. Nearby businesses include McAlister's Deli, Gold's Gym, Academy Sports & Outdoors, Posh Nail Salon and many more. 22,271 Vehicles Per Day (VPD-2019).

UNK W Waco Dr, Waco

$5,400,000

192776 MLS

Located in the City of Robinson TX just South of Waco TX with I-35 Hwy Frontage and Surrey Ridge frontage. Property is located in Midway ISD. Nearby amenities include Walmart, Baylor Scott & White Hospital, and Baylor University 11 miles north. 55 Acres total with 16 acres of the IH-35 frontage zoned commercial and 39 acres zoned for MF. Water and sewer extensions needed. Property currently in ag exemption. The commercial section is zoned C-2. The multi-family section is zoned MF-2.

Tbd N I35 Hwy, Waco

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