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MLS# 21178704
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520 Elm Street

Waco, TX 76704 · Renick

$1,600,000
Beds
Baths
Sq Ft
Year
1928
About this property
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!
Quick facts
Property Type
CommercialSale
Property Sub Type
Business
Lot Size
0.132 acres
Stories
2
Garage Spaces
Pool
County
McLennan
School District
Listing timeline
Listed
Last Status Change
Feb 12, 2026
Last Price Change
Location