520 ELM STREET, WACO, TX 76704
Homes for sale in Waco.
Homes for sale in 76704.
520 Elm Street
Waco, TX 76704
List Price$1,600,000
Listing #21178704
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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