Waco, TX Commercial Real Estate for Lease and Sale

Explore 190 listings of Waco commercial real estate to find the best space for your business.

5207 Lake Shore Dr

5207 Lake Shore Dr, Mountainview, Waco, TX
Property

Office

4,536 SF
Availability

1 Space

4,536 SF
For Lease

$17.00/SF/YR
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1509 Austin Ave

1509 Austin Ave, Brazos, Waco, TX
Property

Retail

12,145 SF
Availability

1 Space

12,145 SF
For Lease Contact for pricing
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1501 N 25th St

1501 N 25th St, Sanger-Heights, Waco, TX
Property

Office

1,764 SF
For Sale

$291,500
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7111 Bosque Blvd

7111 Bosque Blvd, Ridgewood Country Club, Waco, TX
Property

Office

3,950 SF
Availability

1 Space

3,950 SF
For Lease

$18.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
The Terminal

5601 W Waco Dr Rear, Richland Hills, Waco, TX
Property

Industrial

12,500 SF
Availability

1 Space

12,500 SF
Year Built

1974
For Lease

$9.00/SF/YR
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2066 N Valley Mills Dr

2066 N Valley Mills Dr, Ridgewood Country Club, Waco, TX
Property

Retail
Availability

1 Space

988 SF
For Lease

$16.80/SF/YR
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2 Steinbeck Bend Dr

2 Steinbeck Bend Dr, North Lake Waco, Waco, TX
Property

VacantLand
For Sale

$325,500
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Lake Shore Dr

Lake Shore Dr, Cedar Ridge, Waco, TX
Property

VacantLand
For Sale Contact for pricing
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Parkdale Commons Shopping Center

1200 Richland Drive, Richland Hills, Waco, TX
Property

Retail

190,624 SF
Availability

7 Spaces

29,694 SF
For Lease

$10.00 - $17.00/SF/YR
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3425 Franklin Ave

3425 Franklin Ave, Austin Ave, Waco, TX
Property

Office

1,702 SF
Availability

1 Space

1,720 SF
Year Built

1958
For Lease

$4,000.00/MO
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16 Steinbeck Bend Dr

16 Steinbeck Bend Dr, North Lake Waco, Waco, TX
Property

VacantLand
For Sale

$1,500,000
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1508 Speight Ave

1508 Speight Ave, Baylor, Waco, TX
Property

Retail

2,500 SF
Availability

1 Space

2,500 SF
For Lease

$24.00/SF/YR
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3204 Ferndale Drive

3204 Ferndale Drive, Alta Vista, Waco, TX
Property

Office

9,600 SF
Availability

2 Spaces

1,800 SF
Year Built

1966
For Lease

$1.42 - $12.00/SF/YR
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Lacy Lofts & Lacy Terrace

105 North Lacy Drive, Lacy-Lakeview, Waco, TX
Property

Multi-Family

37,670 SF
For Sale Contact for pricing
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220 Lake Air Drive

220 Lake Air Dr, Richland Hills, Waco, TX
Property

Other

5,520 SF
Availability

1 Space

5,520 SF
Year Built

1970
For Lease

$6,500.00/MO
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408 N Valley Mills Dr

408 N Valley Mills Dr, Kendrick, Waco, TX
Property

Retail

60,621 SF
Availability

1 Space

60,621 SF
For Lease

$9.00 - $13.00/SF/YR
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319 S 4th St

319 S 4th St, Brazos, Waco, TX
Property

Retail
Availability

1 Space

640 SF
For Lease

$1,516.09 - $2,216.09/MO
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704 N Robinson Dr

704 N Robinson Dr, Robinson, TX
Property

VacantLand

1,765 Acre
For Sale

$350,000
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700 Schroeder Dr

700 Schroeder Dr, Kendrick, Waco, TX
Property

Industrial

15,000 SF
Availability

1 Space

15,000 SF
For Lease

$7.00/SF/YR
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Lakeway Shopping Center

7023 Sanger Ave, Richland Hills, Waco, TX
Property

Retail

13,763 SF
For Sale Contact for pricing
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3400 Bosque Blvd

3400 Bosque Blvd, Brookview-Heart of Texas, Waco, TX
Property

Retail

40,000 SF
For Sale

$1,500,000
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501 S 8th St

501 S 8th St, Brazos, Waco, TX
Property

Other

5,669 SF
Availability

1 Space

5,669 SF
For Lease Contact for pricing
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1503 Austin Ave

1503 Austin Ave, Brazos, Waco, TX
Property

Retail

500 SF
Availability

1 Space

500 SF
For Lease

$30.00/SF/YR
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1530 Washington Ave

1530 Washington Ave, Brazos, Waco, TX
Property

Retail

2,452 SF
Availability

1 Space

2,452 SF
For Lease

$15.00/SF/YR
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216 Kelly St

216 Kelly St, Richland Hills, Waco, TX
Property

Industrial

6,000 SF
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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6400 Cobbs Dr

6400 Cobbs Dr, Ridgewood Country Club, Waco, TX
Property

Office

2,258 SF
For Sale

$360,000
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Waco Dr

Waco Dr, Baylor, Waco, TX
Property

VacantLand
For Sale

$1,868,489
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718 N Valley Mills Dr

718 N Valley Mills Dr, Richland Hills, Waco, TX
Property

Office

3,854 SF
Availability

1 Space

3,854 SF
For Lease

$16.00/SF/YR
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6801 Airport Road

6801 Airport Road, North Lake Waco, Waco, TX
Property

VacantLand
For Sale

$1,170,000
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Six West Medical Center

601 West State Highway 6, Richland Hills, Waco, TX
Property

Office

105,787 SF
Availability

3 Spaces

3,970 SF
Year Built

2007
For Lease

$18.00/SF/YR
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2324 Marketplace Dr

2324 Marketplace Dr, Kendrick, Waco, TX
Property

Retail

2,224 SF
Availability

1 Space

2,224 SF
For Lease

$26.00 - $28.00/SF/YR
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1509 New Dallas Hwy

1509 New Dallas Hwy, Bellmead, Waco, TX
Property

VacantLand
For Sale

$500,000
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300 S 2nd St

300 S 2nd St, Brazos, Waco, TX
Property

Retail
Availability

1 Space

2,013 SF
For Lease Contact for pricing
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China Spring Road Pad Site

9508 China Spring Rd, North Lake Waco, Waco, TX
Property

VacantLand
For Sale

$719,263
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2215 Franklin Ave

2215 Franklin Ave, Austin Ave, Waco, TX
Property

VacantLand
Availability

1 Space
For Lease Contact for pricing
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Various lots on China Spring Hwy and Scott Ln. China Spring

China Spring Rd and Scott Ln., Cedar Ridge, Waco, TX
Property

VacantLand
For Sale

Subject To Offer
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China Spring Rd

China Spring Rd, North Lake Waco, Waco, TX
Property

VacantLand
For Sale

$545,000
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1026 E Craven Ave

1026 E Craven Ave, Lacy-Lakeview, Waco, TX
Property

Other

2,400 SF
Availability

1 Space

2,400 SF
For Lease

$2,300.00/MO
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The Terminal

5601 W Waco Dr - Warehouse Distribution, Richland Hills, Waco, TX
Property

Industrial

84,724 SF
Availability

1 Space

84,724 SF
Year Built

1974
For Lease

$7.00/SF/YR
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800 Rambler Dr

800 Rambler Dr, Richland Hills, Waco, TX
Property

Multi-Family

82,284 SF
For Sale

$6,250,000
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7125 Sanger Ave

7125 Sanger Ave, Richland Hills, Waco, TX
Property

Other

3,316 SF
Availability

1 Space

3,316 SF
For Lease

$18.00/SF/YR
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1400 Elm Ave

1400 Elm Ave, East Riverside, Waco, TX
Property

Other

4,555 SF
For Sale

$275,000
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401 S 3rd St

401 S 3rd St, Brazos, Waco, TX
Property

Office

2,067 SF
Availability

1 Space

2,067 SF
For Lease Contact for pricing
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Centerpoint

5100 W Waco Dr, Richland Hills, Waco, TX
Property

Retail

40,180 SF
Availability

4 Spaces

11,373 SF
For Lease Contact for pricing
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Lake Shore Dr

Lake Shore Dr, Cedar Ridge, Waco, TX
Property

VacantLand
For Sale

$3,140,005
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701 Austin Ave

701 Austin Ave, Brazos, Waco, TX
Property

Retail

17,226 SF
Availability

1 Space

17,226 SF
For Lease

$28.00/SF/YR
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220 Lake Air Drive

220 Lake Air Dr, Richland Hills, Waco, TX
Property

Other

5,520 SF
Year Built

1970
For Sale

$800,000
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4,500 sf Industrial/Flex/Retail - 901 E Johnson St

901 E Johnson, Carver, Waco, TX
Property

Flex Space

4,500 SF
Year Built

1970
For Sale

$399,000
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1101 Wooded Acres Dr

1101 Wooded Acres Dr, Brookview-Heart of Texas, Waco, TX
Property

Office
Availability

1 Space

20,000 SF
For Lease

$12.00/SF/YR
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723 Washington Ave

723 Washington Ave, Brazos, Waco, TX
Property

Retail
Availability

1 Space

3,241 SF
For Lease

$24.00/SF/YR
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6603 Sanger Ave

6603 Sanger Ave, Richland Hills, Waco, TX
Property

Office

2,035 SF
Availability

1 Space

2,035 SF
For Lease

$17.00/SF/YR
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1205 N Loop 340

1205 N Loop 340, Bellmead, Waco, TX
Property

Other

68,312 SF
Availability

1 Space

68,312 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Waco commercial real estate market incorporates 411,978 square feet of office space across 38 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Waco, the coworking segment of the commercial real estate market incorporates about 1,163 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Waco commercial real estate market includes 1,302,086 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Waco market, there is a total of 160,456 square feet of industrial property.

The listing inventory in Waco incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Waco is represented by Industrial space, which accounts for 442,623 square feet of available listings. Retail space available in Waco adds up to 415,716 square feet.

Meanwhile, most of the listings of commercial property for sale in Waco are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Waco is $16.84 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Waco can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Waco, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Waco is in the Richland Hills neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Richland Hills area.

Meanwhile, retail space opportunities are most abundant in the Kendrick submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Kendrick.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $41.55 per square foot. In particular, the property type commanding the highest lease rates in Waco was Office space.

The average size of a commercial property in Waco depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Waco, the average size of an office property is 24,234 square feet.
Retail properties here incorporate an average of 59,186 square feet.
Industrial space in Waco is in buildings that are, on average 26,743 square feet in size.

Waco, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Waco currently add up to 1,092,161 square feet. The market offers 32 active office listing(s), which amount to 139,660 square feet and account for 30% of commercial spaces on the market. Local retail availability includes 428,156 square feet across 48 retail space(s). Industrial space for rent opportunities in Waco amount to 442,623 square feet across a total of 18 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	32	139,660
Retail	48	428,156
Industrial	18	442,623
Other	6	81,722

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Waco, TX. Currently, there is 1,159,121 square feet of commercial property for sale here , which includes 6 office building(s) for sale , 13 retail investment opportunity listing(s) , and 9 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	6	38,200
Retail	13	301,796
Industrial	9	370,287
Other	59	448,838

Waco, TX Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Waco, TX?

What factors affect the price of commercial real estate in Waco, TX?

What is the average rent for commercial space in Waco, TX?

What are the best areas for commercial real estate in Waco, TX?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Waco, TX?

Waco, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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