2501 Franklin Ave, Waco, TX 76710

$549,900

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List Price
$549,900
Status
ACTIVE
MLS#
21321923
Subtype
CommercialSale
Construction Status
Preowned
Year Built
1950
Lot Size
10,628
Acres
0.24
Subdivision
Glenwood

Property Description

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.

Additional Information

Taxes
$4,427
Flooring
Carpet, Combination, Laminate, Linoleum
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Roof
Composition, Flat, Mixed, Shingle, Synthetic
Foundation
Slab
Parking Features
Lighted, Off Street, Paved, Secured

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Reyna Reyes from Arise Capital Real Estate. Contact: 682-558-0005