1 of 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6

•  Media
• Map
• Street View

1020 Franklin Ave
Waco, TX 76701 Downtown Waco

$3,218,000 USD

Storefront For Sale  •  9,600 SF

Property Details

• Property Type Storefront
• Total Building Size 9,600 SF
• Lot Size 0.48 AC
• Building Class B
• Year Built 1959
• Cap Rate 6.50 %
• Tenancy Multiple
• Zoning 2007 TIF

50 Walk Score

Highlights

100% Occupancy with Internet-Resistant Tenants in the Highly Sought After Silo District in Downtown Waco

Milo All Day is Widely Regarded as the Premier Dining Destination in Waco, Consistently Ranking as the City’s “Best” Across Multiple Platforms

Below-Market Rents: Current lease structures offer significant upside potential for investors

Strategic Proximity to Major Economic Drivers: The site is within walking distance of the $25MM Magnolia Headquarters

Salon Asylum: A top-tier salon provides the property with a stable, repeat-clientele base that is “internet-proof”

Cap Rate:

6.50 %

Amenities

• Restaurant
• Signage
• Wheelchair Accessible
• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Waco Regional	20 min	-	8.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes