Retail Space - For Sale
501-503 Elm Avenue Waco, TX 76704
Details & Description
Price: $1,280,000
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 1.010
  • Building Sq Ft 10,960
  • Building Price per Sq Ft $135.04
  • Land Sq Ft 43,995
  • Land Price per Sq Ft $33.64
Built in the late 1800's, the Kestner's building is one of the most historic buildings in Waco, Tx. Mostly know for its almost 90-year run as Kestner's Family Department Store, this property has served as a community staple for generations. This iconic 10,960 sf building and entire city block leaves plenty of room for parking and outdoor entertainment. New developments and redevelopment surround this one acre tract. Just off of I-35 and across the Brazos River from Downtown Waco, this property presents endless opportunities in one of the most anticipated growth areas in Waco.
Property Highlights
 Great Opportunity for Restaurant Venue and Plenty Other Uses
 Surrounded by New Development and Redevelopment Projects
Additional Photos
Listing Agents
Colt Kelly

O: 254-741-1500
M: 817-991-0182
ckelly@kellyrealtors.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

501-503 Elm Avenue

Waco, TX 76704

Listing ID: 299691
Property No Longer Listed
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 1.010
  • Building Sq Ft 10,960
  • Building Price per Sq Ft $135.04
  • Land Sq Ft 43,995
  • Land Price per Sq Ft $33.64
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Property Highlights
 Full City Block on Historic Elm Avenue
 Great Opportunity for Restaurant Venue and Plenty Other Uses
 Surrounded by New Development and Redevelopment Projects
 Next door to Brotherwell Brewing
Description

Built in the late 1800's, the Kestner's building is one of the most historic buildings in Waco, Tx. Mostly know for its almost 90-year run as Kestner's Family Department Store, this property has served as a community staple for generations. This iconic 10,960 sf building and entire city block leaves plenty of room for parking and outdoor entertainment. New developments and redevelopment surround this one acre tract. Just off of I-35 and across the Brazos River from Downtown Waco, this property presents endless opportunities in one of the most anticipated growth areas in Waco.

Attachments & Files

Waco Area Market Trends

Listing Demographics for 501-503 Elm Avenue Waco, TX 76704

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population5,55362,698121,400
Population Median Age333134
Population by Age0-9 Yrs540 (9%)7838 (12%)16089 (13%)
10-19 Yrs1306 (23%)12568 (20%)20187 (16%)
20-29 Yrs1250 (22%)17155 (27%)27509 (22%)
30-39 Yrs455 (8%)6446 (10%)13886 (11%)
40-49 Yrs567 (10%)5945 (9%)12188 (10%)
50-59 Yrs587 (10%)5030 (8%)11582 (9%)
60-69 Yrs481 (8%)4617 (7%)10821 (8%)
70+ Yrs367 (6%)3097 (4%)9140 (7%)
Median HH Income$28,065$28,406$34,682
Total Household Income< 24K946 (46%)9947 (45%)16376 (36%)
25-49K691 (34%)6305 (29%)13414 (30%)
50-74K162 (7%)3074 (14%)6363 (14%)
75-99K118 (5%)1129 (5%)3485 (7%)
100-199K94 (4%)1037 (4%)3926 (8%)
200K+17 (0%)246 (1%)760 (1%)
Highest Education LevelNo Diploma489781515245
Diploma or GED1266908020424
Some College599571514327
Assoc. Degree21518285375
Bachelors Degree13533447523
Higher Degree21616374310
Total Housing Units2,57925,38150,305
--Owner-Occupied6788,13519,171
--Renter-Occupied1,35013,60225,153
Owner-Occupied Values< 100K358550610700
100-199K24617805417
200-299K235441973
300-399K9113445
400-499K1094279
500K+3299357
Total Working Age Population4,64549,64595,400
In Work Force2,32427,60155,539
Not In Work Force2,32122,04439,861
Workforce Employed2,20125,82552,522
Workforce Unemployed1171,6952,911
Civlian Workforce2,31827,52155,433
Military Workforce680106
Total Households2,02821,73844,324
Family Households89311,10224,834
Non-Family Households1,13510,63619,490
Married Couple3365,55214,254
Other Family5575,55010,580
Married w/Child1672,8066,095
Single Male w/Child19372939
Single Female w/Child3122,7384,666

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
McLennan County213,517+10234,906+8253,066+6269,381

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Dallas Love Field (DAL) 90
Dallas Fort Worth International Airport (DFW) 92
Austin Bergstrom International Airport (AUS) 100
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