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For Lease

701 Austin Ave

701 Austin Ave, Waco, TX 76701

8,976

SF Available
Buildings rarely come available on Austin Avenue and now, the WM & K Clemens building is for sale. Located on arguably the most popular street in Downtown Waco, this property is in the middle of the entertainment district and offers an excellent redevelopment opportunity in a fantastic location. Multiple new developments occurring all around this property. The building offers tall ceilings, huge and plentiful windows, multiple floors and an incredible store-front entrance. The development opportunities are wide-open, given the location and historical structure of the building. This is a great opportunity for a relatively small redevelopment project. This building is located within the TIF & PID zones and has also been designated as a Contributing Historic Structure in the downtown overlay. All offer great opportunities for development potential.

Rental Details

  • Number of spaces 1
  • Total square feet available 8,976 SF
  • For Lease Contact for pricing
  • Space Types Retail
  • Lease Type NNN
  • Date Updated May 26, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

Space Available

  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 8,976 SF
  • Min Divisible 8,976 SF
  • Lease Type NNN
  • Sublease No
  • Build Type Full build out
broker
H Bland Cromwell

Coldwell Banker Commercial Apex, Realtors

broker
Gregg Glime

Cromwell Commercial Group | Coldwell Banker Apex, Realtors

Contacts

broker
H Bland Cromwell

Coldwell Banker Commercial Apex, Realtors

broker
Gregg Glime

Cromwell Commercial Group | Coldwell Banker Apex, Realtors

Building Details

  • For Lease Contact for pricing
  • Property Type Retail
  • Date Updated May 26, 2026

Getting Around

  • Walk Score ®

    Very Walkable (83)
  • Bike Score ®

    Bikeable (55)
Powered by Walk Score ®

Location

  • City Waco, TX
  • Neighborhood Brazos
  • Zip Code 76701
  • Market Central East Texas
  • Map
  • Street

Points of Interest

Valero

0.68 miles

Exxon

0.78 miles

Speight Foodmart

1.17 miles

Chevron

1.36 miles

Sunoco

1.44 miles

Cefco

1.45 miles

Clark

1.74 miles

Tesla Supercharger

2.36 miles

5th St. Parking Garage

0.87 miles

8th St. Parking Garage

0.93 miles

Dutton Parking Garage

0.94 miles

Visitor Parking Lot

0.95 miles

THe View Parking Garage

1.11 miles

Speight Plaza Building and Parking Garage

1.20 miles

Student Parking

1.28 miles

East Campus Parking Garage

1.46 miles

Parking G

3.12 miles

Mission Waco

1.06 miles

Elm Ave Community Clinic

1.18 miles

The Mix Cafe

1.32 miles

Doris Miller YMCA

1.33 miles

Provident Heights Elementary

1.61 miles

Franklin Center

1.98 miles

H-E-B plus!

2.26 miles

Frugal's Outlet

2.79 miles

H-E-B

2.86 miles

701 Austin Ave Listing Summary

  • The Price for Retail Space at 701 Austin Ave

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    701 Austin Ave is located in the Brazos neighborhood, which is home to a total of 39 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 701 Austin Ave

    The property exclusively contains Retail space totaling 8,976 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 701 Austin Ave, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the Brazos Neighborhood

    701 Austin Ave is located in the Brazos neighborhood of Waco. The Brazos retail market offers 39 retail listing(s), representing a total of 146,729 square feet of retail space for lease.

    The most common retail type in the Brazos neighborhood is Strip/Convenience, of which the market currently offers 8 space(s). You can also find 3 Street Retail space(s). Additionally, leasing opportunities here include 2 Restaurant space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Brazos resident is 26 years old, and the median household income here is $35,984 per year.

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