613 Austin Ave
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613 Austin Ave
4,229 SF 100% Leased Retail Building Waco, TX 76701 For Sale 7.50% Cap Rate
Investment Highlights
- Downtown Location
- Iconic Tenant
- Commercial Kitchen
Executive Summary
For Sale: 613 Austin Ave - Fully Stabilized Retail/Office Investment
This charming and iconic commercial property, located in the heart of downtown Waco at 613 Austin Avenue, houses the beloved Jake's Texas Tea House, a vintage-inspired restaurant known for its comforting American menu and nostalgic ambiance.
Property Highlights:
Prime Location: Nestled in the vibrant downtown district, this property enjoys excellent visibility and foot traffic, making it a coveted spot for any business.
Vintage Charm: The restaurant exudes a retro charm, with décor that transports patrons back to a bygone era, offering a one-of-a-kind dining experience.
Spacious Dining Area: The restaurant boasts a spacious and welcoming dining area, perfect for serving both loyal locals and tourists alike.
Fully Equipped Kitchen: The property includes a fully equipped commercial kitchen, designed to meet the demands of a busy restaurant.
Downtown Appeal: Located among other thriving businesses, this property benefits from the bustling downtown environment and is part of a growing community.
Note: The sale does not include the lofts located above the restaurant.
Contact Information: For more details or to schedule a viewing, please contact Josh Barrett at (254)722-9587.
This charming and iconic commercial property, located in the heart of downtown Waco at 613 Austin Avenue, houses the beloved Jake's Texas Tea House, a vintage-inspired restaurant known for its comforting American menu and nostalgic ambiance.
Property Highlights:
Prime Location: Nestled in the vibrant downtown district, this property enjoys excellent visibility and foot traffic, making it a coveted spot for any business.
Vintage Charm: The restaurant exudes a retro charm, with décor that transports patrons back to a bygone era, offering a one-of-a-kind dining experience.
Spacious Dining Area: The restaurant boasts a spacious and welcoming dining area, perfect for serving both loyal locals and tourists alike.
Fully Equipped Kitchen: The property includes a fully equipped commercial kitchen, designed to meet the demands of a busy restaurant.
Downtown Appeal: Located among other thriving businesses, this property benefits from the bustling downtown environment and is part of a growing community.
Note: The sale does not include the lofts located above the restaurant.
Contact Information: For more details or to schedule a viewing, please contact Josh Barrett at (254)722-9587.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,229 SF
Building Class
C
Year Built/Renovated
1910/2013
Cap Rate
7.50%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Land Acres
0.64 AC
Opportunity Zone
Yes
Zoning
C-4
Parking
12 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
74 FT on Austin Ave
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
-
Josh Barrett -
Turner Brothers Real Estate
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613 Austin Ave
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