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$549,900
New Listing

2501 Franklin Avenue
Waco, TX 76710

For Sale|Business|Active
0
Beds
0
Total Baths
1,416
SqFt
$388
/SqFt
1950
Built
Subdivision:
Glenwood
County:
McLennan
Call Now: 972-863-0792
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972-863-0792
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Monthly Payment (Est.)

$2,509
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OWNER FINANCE Available! Prime Commercial Opportunity on Waco's Franklin Avenue Corridor Position your business for success with this exceptional commercial property located on the highly traveled Franklin Avenue Corridor in the heart of Waco. Situated on a prominent corner lot with outstanding visibility and high daily traffic counts, this property offers the exposure your business deserves—plus flexible owner financing options to help make your investment a reality. Formerly home to the well-established David Gonzales Farmers Insurance Agency, this versatile building is ready for its next chapter. With a few cosmetic updates, the space can easily be transformed into a professional office, medical or dental practice, title company, salon, spa, boutique, café, restaurant, or a variety of retail or service-based businesses. Inside, you'll find a functional floor plan featuring a welcoming reception area that opens into a spacious common workspace, two private offices, two restrooms, and an additional waiting area or flex space that can be customized to fit your business needs. A reinforced concrete room—formerly used as a bank vault—provides unique opportunities for secure storage, records, inventory, or valuables. Outside, the property offers a fenced and secured parking area, ideal for businesses requiring protected vehicle storage, equipment security, or additional space for a storage building or workshop. Whether you're expanding your business, launching a new venture, or investing in one of Waco's most recognizable commercial corridors, this property offers location, flexibility, and tremendous potential. Owner financing terms available upon request. Showings by appointment only with a signed Buyer Representation Agreement or agency disclosure.

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Listing Snapshot
Price 
$549,900
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,416 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.244 Acres
Year Built 
1950
MLS® Number 
21321923
Status 
Active
Property Tax 
$4,427
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
5 hours agoListing first seen on site
General Features
Acres 
0.244
Foundation 
Slab
Number Of Stories 
1
Parking 
LightedOff StreetPavedSecured
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1416
Utilities 
Electricity AvailableElectricity Connected
Water Source 
Public
Zoning 
C-3
Interior Features
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
CarpetCombinationLaminateLinoleum
Heating 
CentralElectric
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Exterior Features
Construction Details 
ConcreteStucco
Roof 
CompositionFlatMixedShingleSynthetic
Community Features
Accessibility Features 
Accessible EntranceAccessible Approach with Ramp
Financing Terms Available 
CashConventionalLease OptionOwner Will Carry
Listing courtesy of Reyna Reyes of Arise Capital Real Estate [email protected]



© 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: 2026-07-05 11:51 PM CDT

Neighborhood & Commute
Source: Walkscore
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