Skip to content

2020 Franklin AvenueWaco, TX 76701

Glenwood · McLennan County

$385,000List price
650Sq Ft
2024Year built
0.54Acre lot
1Stories
4 weeks agoOn market

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.

Property Information

Property type
Commercial Sale
Sub-type
Business
Year built
2024
Stories
1
Building area
650 Sq Ft
Lot size
0.54 acres
Days on market
33
MLS® Listing#
21377646

Property Features

Cooling
Central Air · Electric · Window Unit(s)
Heating
Central · Electric · Other
Flooring
Laminate
Parking
Additional Parking · Attached Carport · Carport · Concrete · Covered · Detached Carport · Garage · Garage Door Opener · Garage Faces Side · Gated · Lighted · Off Street · Other · Outside · Parking Lot · Paved · Secured
Construction
Wood Siding · Metal Siding · Other
Foundation
Slab
Roof
Metal
Utilities
Cable Available · Electricity Connected
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$5,621
Parcel number
480200000057017

Directions

Heading North on Franklin Avenue, property is on your Right. Use GPS

Dallas MLS - N.T.R.E.I.S. logo

Listing Courtesy: Texas Luxury and Land - 2547492175

Presented by: Lana Honey

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2026-09-03

Documents & links

Provided by Lana Honey

Connect with a Local Real Estate Expert

  • Boo Reitz

    Sales Representative

    EXIT Realty Elite

  • Kim Paul

    Sales Representative

    EXIT Realty Elite

  • Jim Mazziotti

    Realtor/Real Estate Consultant

    EXIT Realty Elite

  • Paul Reitz

    Franchisee, Broker of Record

    EXIT Realty Elite

  • Don Reitz

    Sales Representative

    EXIT Realty Elite