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$385,000
7 Days On Site

2020 Franklin Avenue
Waco, TX 76701

For Sale|Business|Active
0
Beds
0
Total Baths
650
SqFt
$592
/SqFt
2024
Built
Subdivision:
Glenwood
County:
McLennan
Call Now: 940-252-4663
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940-252-4663
2020 Franklin Avenue2020 Franklin Avenue2020 Franklin Avenue2020 Franklin Avenue
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Monthly Payment (Est.)

$1,757
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PRIME WACO COMMERCIAL OPPORTUNITY Exceptional commercial property located at the corner of Franklin Avenue and 21st Street in the heart of Waco, Texas. Positioned along a high-traffic corridor with excellent visibility and accessibility, this property offers incredible potential for an owner-user, investor, redevelopment project, retail operation, or automotive-related business. Situated on approximately 0.539 acres (23,474± SF), the property features approximately 18,952 SF of gross covered area and is zoned C-3 General Commercial District. Formerly utilized as a car lot, the site provides substantial covered space, paved areas, prominent street frontage, and a highly visible corner location. With its central Waco location, established surrounding commercial activity, and flexible commercial zoning, this is a rare opportunity to reposition a property with endless possibilities in one of Waco’s most traveled areas. Property Highlights: C-3 General Commercial zoning • 18,952± SF gross covered area • 0.539± acres 23,474± SF site • Corner of Franklin Ave. & 21st St. • Former automotive car lot • High traffic exposure • Excellent visibility • Central Waco location • Redevelopment and investment potential.

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Listing Snapshot
Price 
$385,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
650 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.539 Acres
Year Built 
2024
MLS® Number 
21377646
Status 
Active
Property Tax 
$5,621
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.539
Foundation 
Slab
Number Of Stories 
1
Parking 
Additional ParkingAttached CarportCarportConcreteCoveredDetached CarportGarageGarage Door OpenerGarage Faces SideGatedLightedOff StreetOtherOutsideParking LotPavedSecured
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
650
Utilities 
Cable AvailableElectricity Connected
Water Source 
Public
Zoning 
C-3
Interior Features
Cooling 
Central AirElectricWindow Unit(s)
Flooring 
Laminate
Heating 
CentralElectricOther
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Exterior Features
Construction Details 
Wood SidingMetal SidingOther
Roof 
Metal
Listing courtesy of Lana Honey of Texas Luxury and Land lanahoney@texasluxuryandland.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer’s personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-09-12 11:52 AM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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