520 ELM STREET, WACO, TX 76704

Homes for sale in Waco.

Homes for sale in 76704.


520 Elm Street

Waco, TX 76704

Active

List Price$1,600,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21178704

4,980

Square Feet

1

Number of Units

Commercial

Type

About This Property

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

Location Information

County

McLennan

Subdivision

Renick

Interior Features

Has Fireplace

No

Floors

Laminate, Tile

Heating

Central, Electric

Tenant Pays

Other

Cooling

Central Air, Ceiling Fan(s), Electric

Total Number of Units

1

Exterior Features

Construction

Stucco

Lot Size in Sq. Ft.

5,749

Foundation

Slab

Possible Best Use

Food Service, Office, Other

Roof

Flat, Metal, Mixed

Zoning

Commercial

Water / Sewer

Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available

Building Total Area (Sq. Ft.)

4,980

Utilities

Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available

Road Description

City Street, Other

Parking Description

Concrete, Kitchen Level, Lighted, On Street

Is One Story

No

Lot Description

Historic District

Lot Description

Historic District

Lot Size in Acres

0.132

Additional Information

Year Built Details

Preowned

Tax Annual Amount

4484.0

Property Type

COM

Exclusions

marked assorted tables, copier, personal items

Property SubType

Business

Community Features

Curbs, Sidewalks

Year Built

1928

Lot Acres Source

Public Records

Status

Active

Similar Listings

Mortgage Calculator

$7,471

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,765

Monthly Tax

$1,333

Monthly Insurance

$373

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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