1516 E Waco Dr - Light Distribution FOR SALE


Waco, TX 76704
$184,900 USD
254-870-0050
1516 E Waco Dr, Waco, TX for Sale
$184,900 USD
Light Distribution - FOR SALE
1/15
null | Request Cap Rate

NEW


1516 E Waco Dr
Waco, TX 76704


HIGHLIGHTS

  • New Roof (2026) — major capital expense already done
  • Interior buildout in progress — opportunity to customize to tenant/buyer specs
  • 3 Grade Level Doors 10'x10' — move-in ready for operational tenants

OVERVIEW

The Onward Real Estate Team is pleased to present this versatile commercial building located along East Waco Drive (US Highway 84) in Waco, Texas. Offering 1,581 square feet on 0.31 acres, the property features three grade-level roll-up doors, each measuring 10' x 10', making it well-suited for retail, light distribution, or service-oriented uses. A new roof was installed in 2026, eliminating a major capital expense for the incoming owner or tenant. Interior build-out is currently in progress, offering the opportunity to customize the space to buyer or tenant specifications. The property benefits from outstanding visibility and accessibility, situated just off US-84 with direct exposure to approximately 10,000 vehicles per day. Interstate 35 runs nearby with traffic counts exceeding 97,000 vehicles per day, placing this property within one of Waco's strongest commercial corridors. An ideal starter investment or owner-user opportunity. Contact the Onward Real Estate Team at (254) 870-0050 or visit us at onwardcre.com.

FOR SALE DETAILS

PRICE

$184,900 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1,581 SF Retail Building For Sale

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31

LAND SF

13,504

ZONING

C-3

APN/PARCEL ID

48-035000-003200-0

ASK ABOUT THIS PROPERTY

Brad HarrellOnward Real Estate Team at KW CommercialMore Info
254-870-0050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brad HarrellOnward Real Estate Team at KW CommercialMore Info
254-870-0050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.