About This Home

This 0-bedroom, 0-bathroom commercial at 2020 Franklin Avenue in Waco, TX is listed for $385,000. Built in 2024, on a 0.54 acres lot.

Key Features

  • Built in 2024
  • 0.54 acre lot

Property Details

1 story
2024

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$2,059/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,668
Insurance$112

Estimates only. Actual payments may vary.

Location

2020 Franklin Avenue

Waco, TX 76701

Glenwood

Property Details

Flooring

Laminate

Construction

MetalSiding WoodSiding

Parking

CarportOpenOff StreetCoveredGarageSecuredGatedParking Lot

Heating

CentralElectric (Heating)

Cooling

ElectricWindow Unit(s)Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2020 Franklin Avenue is listed at $385,000. The estimated monthly payment is $2,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024, 0.54 acre lot.

This property is listed by Lana Honey.

LH

Lana Honey

Agent at Texas Luxury and Land

Listed by Texas Luxury and Land · Broker phone: 254-749-2175

MLS# 21377646· Source: North Texas Real Estate Information Systems, Inc.· 7 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2020 Franklin Avenue, Waco, TX 76701

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