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2020 Franklin Avenue Waco, TX $ 385,000
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2020 Franklin Avenue
$ 385,000
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2020 Franklin Avenue

Waco, TX, 76701
$ 385,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,431

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Commercial Property for sale in Waco, TX

for $385,000. This building was built in 2024 on a lot size of 0.539.

PRIME WACO COMMERCIAL OPPORTUNITY Exceptional commercial property located at the corner of Franklin Avenue and 21st Street in the heart of Waco, Texas. Positioned along a high-traffic corridor with excellent visibility and accessibility, this property offers incredible potential for an owner-user, investor, redevelopment project, retail operation, or automotive-related business. Situated on approximately 0.539 acres (23,474± SF), the property features approximately 18,952 SF of gross covered area and is zoned C-3 General Commercial District. Formerly utilized as a car lot, the site provides substantial covered space, paved areas, prominent street frontage, and a highly visible corner location. With its central Waco location, established surrounding commercial activity, and flexible commercial zoning, this is a rare opportunity to reposition a property with endless possibilities in one of Waco’s most traveled areas. Property Highlights: C-3 General Commercial zoning • 18,952± SF gross covered area • 0.539± acres 23,474± SF site • Corner of Franklin Ave. & 21st St. • Former automotive car lot • High traffic exposure • Excellent visibility • Central Waco location • Redevelopment and investment potential.

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Commercial Active

Price

$ 385,000

Property Type

Commercial

Taxes

$ 5,621

Style

Business

Lot Size

0.539

Year Built

2024

Town/City

Waco

County/Region

McLennan

MLS | Web ID

21377646
Features
General
Heating Central Electric Other
Cooling Central Air Electric Window Unit(s)
Utilities Cable Available City Sewer City Water Electricity Connected
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Metal
Year Built 2024
Business Type Auto Dealer
Property Subtype Business
Subdivision Name Glenwood
County McLennan
Property Type Commercial Sale
Construction Materials Metal Siding Siding Wood Other
Year Built Details Preowned
Status Active
Directions Heading North on Franklin Avenue property is on your Right. Use GPS
City Waco
Standard Status Active
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Exterior
Waterfront 0
Lot Size Source Public Records
Parking Features Additional Parking Attached Carport Carport Concrete Covered Detached Carport Garage Garage Door Opener Garage Faces Side Gated Lighted Off Street Other Outside Parking Lot Paved Secured
Lot Size .5 to < 1 Acre
Foundation Slab
Building Area Total 650.00
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Interior
Flooring Laminate
Total Stories 1
Total Units 1
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Internal Only
Street Number 1 2020
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* Excluded Features
List By
Lana Honey

Listing Agent

Texas Luxury And Land

Broker

Affordability Calculator

$2,899
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,431
Monthly Property Taxes
$468
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
9/4/2026 $385,000 Listed Price

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2020 Franklin Avenue, Waco, TX, 76701 is a Commercial Property for sale at $385,000 with a lot size of 0.539. 2020 Franklin Avenue was built in 2024. The property's zip code is 76701 which is in Waco, TX

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