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724 Austin Ave
Waco, TX 76701 Downtown Waco

$4,412 - $6,589 USD/MO

Restaurant For Lease  •  1,557+ SF

Property Details

  • Property Type Restaurant
  • Year Built 1914
  • Total Building Size 34,596 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning F1
0 Transit Score
81 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 104 Flex 2,824 SF $28.00 USD/SF/YR
Storefront retail with all utilities and grease trap in place for restaurant. 
Rentable SF - 2,824 SF
Load factor - 1.36
Delivered White Box

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
2nd Floor Ste 202 Retail 1,557 SF $34.00 USD/SF/YR
Suite 220 is 1,557 square feet of flex space located on the second floor.? This gorgeous space could be used to accommodate a variety of uses and collapsing walls make the size adjustable as well.? $8,500 /Month Full Service

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

The Waco Hippodrome is a Grand Spanish Colonial establishment located in downtown Waco where old-world allure meets state-of-the-art innovation. Originally built in 1914, this 100+ year old entertainment venue has been recently renovated and currently hosts first-run and classic films, live music and comedy concerts, plays for all ages and so much more. Turner Behringer will continue operating the event venue and movie theaters to increase traffic to the historic building for their tenants.   

The first floor space Suite 110, is a 3,755 square foot restaurant and bar located on the first floor of the Hippodrome. This space features a commercial kitchen and an outdoor seating area. This area has the exclusive right to service theaters 1-3. 

The next space, Suite 210, is a bar and lounge located on the second floor of the historic building.? This space is 1,513 square feet, features a commercial bar, and is conveniently located outside the primary theater.

Next to this space is Suite 220, 2,128 square feet of flex space located on the second floor. This gorgeous space could be used to accommodate a variety of uses and collapsing walls make the size adjustable as well.

The final space, Suite 310, is a rooftop restaurant and bar located on the third floor of the facility. This 2,453 square foot space features a commercial kitchen and outdoor seating.
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*These spaces are offered as "Full Service". However, there are caps on expenses. Once caps are reached, each tenant will be charged their pro-rata share of the excess.

*Load factor is already factored into the available spaces. These are license agreements, not leases. 

"The parties hereby acknowledge and agree that (i) Licensee's use of the Licensed Space shall not constitute a tenancy of any kind, (ii) the License is not a lease or sublease, and Licensee is granted no leasehold or other real property interest in the Licensed Space, (iii) this License is non-exclusive and (iv) this License is revocable at will by Licensor.?"

*Listing agent will be present at all showings.

Highlights

Located in the heart of Downtown Waco off of Franklin Avenue
The event venue and movie theaters will continue to operate and increase traffic to the property
Historic icon of Waco

Property Flyers

Amenities

  • Restaurant
  • Accent Lighting

Public Transportation

AirportDriveWalkDistance
Waco Regional 19 min - 8.8 mi
Shane Turner 254-640-2365 Turner Brothers Real Estate, LLC
Shane Turner 254-640-2365 Turner Brothers Real Estate, LLC