6,536+/- SF available For Sale or Lease on Washington Ave in Downtown Waco. Come join Tecovas, Phillips Forest Products, and Washington Gallery as neighbors to Magnolia’s Hotel 1928. The Tecovas anchored neighborhood retail center is situated between 7th and 8th Streets along busy Washington Ave. With it’s location in Downtown, Washington Ave sees both foot and vehicle traffic from locals and tourists alike. Hotel 1928 was built in, you guessed it, 1928 as the former Karem Shrine Building. Magnolia founders, Chip and Joanna Gaines, transformed this historic building into a 33 guest room boutique hotel includes three food and beverage outlets and over 6,600 square feet of meeting and event space along with a rooftop terrace.