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Map
$1,005,573*
●
Commercial -
Off Market
2501 Austin Avenue
Waco, TX 76710
Studio
0 Bath
3844 Sqft
$855,000 - $1,043,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
The spectacular 1920's estate at 2501 Austin Avenue, known as The
Gallery, is currently a commercially zoned property in the affluent
and highly sought after Austin Avenue neighborhood. Conveniently
located at the 25th Street intersection, leading to the bustling
downtown Waco attractions. This unique property has much history
with 2 stories and a basement; 8 upstairs rooms/offices, and 3
bathrooms. The main floor has a spacious great room, with a focal
point of a valuable Rookwood Pottery Fireplace with beautiful pops
of color throughout (authenticated by A.J.Ellis of the Cincinnati
Art Museum). The original hardwood floors have been refurbished
through the home, stunning dental crown molding, and a grand
staircase as well as a rear stairway. Located just steps away from
shops & eateries, and conveniently close to Baylor University,
Magnolia Market & Silos, Cameron Park, and the many downtown
attractions Waco offers. A quaint guest house in the back with a
full bathroom. Ample parking with a covered parking area and a
gorgeous fountain feature at the main entrance. The possibilities
for this property are endless. Do not miss the opportunity to own a
business or home in one of Waco's most affluent and best-kept
neighborhoods!This property is currently owned by a professional
photographer and several offices rented to a variety of other
professionals. It was previously the Austin Avenue Eye Clinic. It
could also be transformed into a profitable bed and breakfast,
office space, private school, or back to a residential home as
originally intended. The possibilities are endless! Highly valuable
parking lot on the property. 6 covered spots and roughly 8 more.
There are 9 rentable offices and the guest house. Currently only 5
of those are rented for $2110/month. All on month to month leases.
Could very easily be a single business location with the parking
and nice foyer upon entry.
The manager has listed the unit size as 3844 square feet.
The manager has listed the unit size as 3844 square feet.
Unit Size
3,844Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$247
Property Type
Commercial
Property Taxes
$375
HOA Dues
-
Year Built
1920
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 21, 2023 | Sold | $829,920 | |
Sold | |||
Jan 15, 2023 | No longer available | - | |
No longer available | |||
Jan 14, 2023 | Relisted | $949,900 | |
Relisted | |||
Jan 13, 2023 | No longer available | - | |
No longer available | |||
Oct 6, 2022 | Price Decreased |
$949,900
↓ $50K
(5%)
|
|
Price Decreased |
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
4.5
Baths
4,016 ft²
$206/ft²
$829,000
Sep 29, 2022
-
$1,105/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|