2214 Washington Ave

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2214 Washington Ave

Waco, TX 76701
Asking Price
$350K
Asset Type
Office
Class
Class B

What's Special

2214 Washington Avenue is located in central Waco, situated within a transitioning professional corridor near the historic Sanger-Heights neighborhood. The property offers proximity to the downtown business district and the Magnolia Market area, providing access to numerous local restaurants, retail shops, and banking services. The location is served by multiple surface streets including Waco Drive and Franklin Avenue, facilitating transit across the city and providing a direct connection to Interstate 35. The building is suited for professional service firms, including legal practices, accounting offices, or creative agencies seeking a presence near the city center. Given its configuration and regional access, the site is also appropriate for satellite administrative offices or non-profit organizations. The layout supports a mix of private offices and collaborative workspaces tailored to small to mid-sized professional teams.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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