4,000 SF Retail Building at 641 Ruby Ave in Waco, Texas 76710
Prime Investment Opportunity in the Heart of Ruby Ave in Waco, Texas!
Situated on a generous lot size of 0.4017 acres (17,498.052 SF), this commercial property in Ruby Ave offers an impressive available space of 4,000 SF, perfect for a variety of business ventures and investment opportunities. Currently leased to the esteemed business of Club BLAAM until December 31, 2023, this investment guarantees a steady rental income of $4,000 per month. On top of that, multiple businesses surrounding Ruby Ave can undeniably make it a good investment opportunity and commercial property.
Moreover, built in 1975 and exuding timeless appeal, this property is zoned C-3: General Commercial District, providing endless possibilities for expansion or redevelopment. With ±100′ frontage on Ruby Ave and ±165′ depth, it boasts excellent visibility and accessibility. Positioned amidst bustling activity along N Valley Mills Dr with over 27,700 vehicles passing by daily (TxDOT 2022), this location ensures maximum exposure for any business endeavor. The strategic placement allows easy access to shops and restaurants while also drawing patrons from nearby Brentwood and Beverly Hills. The property’s financial outlook remains favorable with taxes amounting to $9,294.37 in 2022.
Undoubtedly a solid investment opportunity awaits those seeking long-term stability and growth potential. Don’t miss out on your chance to own this prime piece of real estate! Click here to see other available commercial properties on our website.