520 Elm Street
Waco, TX, 76704 $ 1,600,000
Bedrooms-- Baths-- Monthly Estimate*
$ 9,851
for $1,600,000. This building was built in 1928 on a lot size of 0.132.
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!
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FeaturesGeneralHeating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Cable Available City Sewer City Water Curbs Electricity Connected Individual Gas Meter Individual Water Meter Phone Available Sewer Available Sidewalk
Ceiling Height More than 20 Feet
Possession Closing/Funding
Roof Flat Metal Mixed
Exclusions marked assorted tables copier personal items
Year Built 1928
Business Type Arts and Entertainment Hospitality Rental Other
Business Name The Brazos Event Center
Property Subtype Business
Subdivision Name Renick
Occupant Type Owner
County McLennan
Property Type Commercial Sale
Construction Materials Stucco
Year Built Details Preowned
Status Active
Directions Elm Avenue District Public Improvement District Property at corner of Elm and Sherman Waco TX
City Waco
Standard Status Active
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ExteriorWaterfront 0
Lot Size Source Public Records
Parking Features Concrete Kitchen Level Lighted On Street
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 4980.00
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InteriorFlooring Laminate Tile
Total Stories 2
Total Units 1
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,851
- Monthly Property Taxes
- $374
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Waco, TX
Average List Price $1,036,606
Percent of Sale Price 35%
About Waco, TX 132,853 Population
14% Since 2002
$ 36,752 Median Income
30.74 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/13/2026 | $1,600,000 | | Listed Price |