Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

944 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

8th Street Retail 724 Austin Ave

14,126 SF 100% Leased Retail Building Waco, TX 76701 For Sale

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Consistent daytime foot traffic
Holds public sentiment for proximity to the historic Hippodrome
Located on main downtown intersection

Lots of Natural Light
One of the only rooftop bars in Waco
A few blocks away from Magnolia Market and Hotel 1928

Executive Summary

Built as an add-on to the Hippodrome in 2018, this building once housed a series of small theaters before being converted to traditional storefront retail in 2024. It is located on the best street in Waco for foot traffic, with local events on all corners pulling in local and tourist crowds alike. Recently, Waco has witnessed immense economic and social growth. Retail spending has increased 20% year-over-year from $280MM in April 2021 to $338MM in April 2022. Waco's population is projected to grow nearly threefold in the next 30 years, from 145,000 to over 400,000 in 2050.

Hippodrome - RETAIL FLYER sale

Offering Memorandum

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Restaurant

Building Size

14,126 SF

Building Class

Year Built/Renovated

1914/2018

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.81

Land Acres

0.40 AC

Opportunity Zone

Yes

Zoning

C - 4 - The C-4 central commercial district is intended to provide for a wide variety of business, residential, and civic activities within the central core.

Frontage

35 ft on Austin Avenue

1 of 1