520 Elm Street, Waco, Texas, 76704
$1,400,000
4,980 Sqft
0.13 Acres
#21377334
AMAZING OPPORTUNITY TO OWN YOUR OWN EVENT CENTER NEAR DOWNTOWN WACO, TEXAS!! The Brazos Event Center, a historic 1928 building located at 520 Elm Ave, Waco, TX 76704, is currently available as a commercial real estate opportunity in the rapidly developing Elm Avenue District. Situated in a Public Improvement District, the venue is minutes away from key Waco landmarks including the Alico Building, McLane Stadium, Baylor University campus, Spice Village, The Backyard and the Magnolia Silos. Downtown Waco is the location of The Waco Hilton, Aloft Hotel, Hotel Indigo Waco, the Suspension Bridge, Indian Springs Park and many popular restaurants and bars and more! The Brazos Event Center is part of a significant revitalization effort in the Elm Avenue corridor: improved streets which are adorned with new decorative lampposts and new sidewalks with railings are just some of the improvements. This site is situated near the broader $1.4 billion Downtown Waco redevelopment initiative, which includes a new convention center and performing arts venue breaking ground in 2026. The facility is a versatile rental space frequently used for Weddings and receptions, Anniversaries, Proms, Quinceaneras, etc. Downstairs: Open entertaining area, a kitchen equipped with stainless steel sinks, prep tables, a commercial refrigerator, and an ice maker. It also features ADA-compliant restrooms. Upstairs: Private rooms designated for meetings or preparation areas (e.g., Bride and Groom rooms). Other pluses are multiple storage closets, 22 round tables, 7 rectangle tables, @300 folding chairs, sprinkler system, 3 CHA units, other various tables with chairs and reasonable utility costs. The City of Waco Fire Marshall has occupancy at 289. **Construction of 12 new Townhouses are breaking ground soon directly across the street. Selling the building AS IS. Income and Expense information upon request. Schedule your Showing today!
PROPERTY FEATURES
- 1 Unit(s)
- 1 Unit(s)
- Business Type: Arts and Entertainment,Hospitality,Rental,Other
- Business Type: Arts and Entertainment,Hospitality,Rental,Other
- Utilities : Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Gas Meter,Individual Water Meter,Phone Available,Sewer Available,Sidewalk
- Utilities : Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Gas Meter,Individual Water Meter,Phone Available,Sewer Available,Sidewalk
- Parking Features: Concrete,Kitchen Level,Lighted,On Street
- Parking Features: Concrete,Kitchen Level,Lighted,On Street
- Lot Features : Flat,Metal,Mixed
- Road Frontage Type : City Street,Curbs/Gutters,Sidewalk,Other
- Lot Features : Flat,Metal,Mixed
- Road Frontage Type : City Street,Curbs/Gutters,Sidewalk,Other
- Building Use : Bar/Taverns,Church,Food Service,Historical District,Office,Restaurant,Retail,Other
- Building Use : Bar/Taverns,Church,Food Service,Historical District,Office,Restaurant,Retail,Other
- Cooling: Ceiling Fan(s),Central Air,Electric
- Heating : Central,Electric
- Cooling: Ceiling Fan(s),Central Air,Electric
- Heating : Central,Electric
- Construction Materials: Stucco
- Foundation Details: Slab
- Construction Materials: Stucco
- Foundation Details: Slab
- Flooring : Laminate,Tile
- Ceiling Height : More than 20 Feet
- Flooring : Laminate,Tile
- Ceiling Height : More than 20 Feet
- Green Verification Count : 0
- Green Verification Count : 0
- Zoning Description : Commercial
- Zoning Description : Commercial
PROPERTY DETAILS
ID: 21377334
Status: Withdrawn
Price: $1,400,000
Acres: 0.13 Acres
Price Per Acre: $10,606,061
Type: Commercial
Address: 520 Elm Street
City, State: Waco, Texas
County: McLennan
Zip Code: 76704
Lat/Long: 31.56618, -97.123995
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