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  • $550k Price
  • .24 Acres
  • 1950 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $550k Price
  • .24 Acres
  • 1950 Year Built
  • Study
  • Game Room
  • Media
  • Pool

2501 Franklin Avenue
Waco, Texas 76710-7433

County: McLennan Glenwood

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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Essential Information

  • Price$549,900
  • Cumulative Days on MarketUnlock
  • MLS® #21321923
  • Acres0.24
  • Year Built1950
  • Built Desc.Preowned
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StatusActive
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Quick Valuation Analysis from 3 Active Listings

Pricing Trends from 3 Active Listings in Glenwood

This Home's Price $549,900 This Home's Price Per SqFt $
Average Price $611,600 Average Price Per SqFt $
Highest Price $899,900 Highest Price Per SqFt $
Lowest Price $385,000 Lowest Price Per SqFt $

Property Details

Community

  • Address2501 Franklin Avenue
  • SubdivisionGlenwood
  • CityWaco
  • CountyMcLennan
  • StateTexas
  • Zip Code76710-7433
  • UtilitiesCity Sewer, City Water, Curbs, Electricity Available, Electricity Connected, Individual Water Meter, Overhead Utilities
  • Taxes4427

Amenities

  • GaragesLighted, Off Street, Paved, Secured

Interior

  • FloorsCarpet, Combination, Laminate, Linoleum
  • Stories1
  • Disability FeaturesAccessible Approach with Ramp, Accessible Entrance

Construction Details / Floorplan

  • Stories1
  • RoofComposition, Flat, Mixed, Shingle, Synthetic
  • FoundationSlab
  • ConstructionConcrete, Stucco

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric

Additional Information

  • ZoningC-3

Private Listing Information (Registration Required)

Listing Details

  • AgentReyna Reyes
  • OfficeArise Capital Real Estate

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Listing information last updated on October 22nd, 2026 at 4:00am CDT.