See Home Value
$1,005,573*
Commercial - Off Market

2501 Austin Avenue

Waco, TX 76710
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
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

Building Info

2501 Austin Avenue 2501 Austin Avenue, Waco, TX 76710
  • 1 Unit for Sale
More about this Building
2501 Austin Avenue
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About Austin Avenue


Similar Homes for Sale

Unit for sale at 2820 Austin Avenue,  76710

$829,000

  • 4 Beds
  • 4.5 Baths
  • 4,016 ft²
2820 Austin Avenue, 76710 Listing by Anna Reed

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