520 Elm, Waco, Texas

$1,600,000
Active
520 Elm, Waco, Texas
520 Elm, Waco, Texas
520 Elm, Waco, Texas
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Property Details

MLS ID: 21178704
Status: Active
Price: $1,600,000
Acres: 0.13±
Type: Business, Commercial
Address: 520 Elm
City, State: Waco, TX
County: Mclennan County
ZIP Code: 76704
Lat/Long: 31.56618, -97.12400
Parcel Number: 480346000077016
Year Built: 1928

Description

AMAZING OPPORTUNITY TO OWN YOUR OWN EVENT CENTER NEAR DOWNTOWN WACO, TEXAS!! The Brazos Event Center, a historic 1928 building located at 520 Elm Ave, Waco, TX 76704, is currently available as a commercial real estate opportunity in the rapidly developing Elm Avenue District. Situated in a Public Improvement District, the venue is minutes away from key Waco landmarks including the Alico Building, McLane Stadium, Baylor University campus, Spice Village, The Backyard and the Magnolia Silos. Downtown Waco is the location of The Waco Hilton, Aloft Hotel, Hotel Indigo Waco, the Suspension Bridge, Indian Springs Park and many popular restaurants and bars and more!

The Brazos Event Center is part of a significant revitalization effort in the Elm Avenue corridor: improved streets which are adorned with new decorative lampposts and new sidewalks with railings are just some of the improvements. This site is situated near the broader $1.4 billion Downtown Waco redevelopment initiative, which includes a new convention center and performing arts venue breaking ground in 2026.

The facility is a versatile rental space frequently used for Weddings and receptions, Anniversaries, Proms, Quinceaneras, etc. Downstairs: Open entertaining area, a kitchen equipped with stainless steel sinks, prep tables, a commercial refrigerator, and an ice maker. It also features ADA-compliant restrooms. Upstairs: Private rooms designated for meetings or preparation areas (e.g., Bride and Groom rooms). Other pluses are multiple storage closets, 22 round tables, 7 rectangle tables, @300 folding chairs, sprinkler system, 3 CHA units, other various tables with chairs and reasonable utility costs. The City of Waco Fire Marshall has occupancy at 289. **Construction of 12 new Townhouses are breaking ground soon directly across the street. Selling the building AS IS. Income and Expense information upon request. Schedule your Showing today!

Directions: Elm Avenue District Public Improvement District Property at corner of Elm and Sherman, Waco, TX

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Andy Flack

Andy Flack

HomeLand Properties, Inc.

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of March 21, 2026 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: March 21, 2026 at 12:00:00 PM UTC

Listed By: Mitzi Eves of Coldwell Banker Realty