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Prime Commercial Property Opportunity!! Unlock the potential of this impressive commercial offering! A series of three well-positioned buildings totaling over 12,500 square feet of versatile space! This corner lot is an ideal investment for business owners and investors seeking prime real estate with ample space for diverse commercial ventures. The property includes an additional vacant lot (Zoned O3), opening endless possibilities for expansion or additional development. Strategically located for easy access making it exceptionally convenient. Its high-visibility corner position ensures excellent exposure for any business, while the spacious layout provides flexibility for a range of uses. Ample square footage and an extraordinary location, this property is ready to support business growth, attract customers, and deliver investment returns. Don’t miss out on the chance to secure a commercial asset with this much potential! 1501,1505,1509,1513(Lot) Herring to be included in sale!

Highlights

  • Commercial Sale
  • Retail
  • Built in 1922
  • 0.203 Acre Lot
  • 361 days on Market

  • Year Built
    1922
  • Stories
    1.0
  • Construction Materials
    Other, Concrete
  • Foundation
    Slab
  • Parking Features
    Gravel, Paved, Parking Lot, Unpaved
  • Flooring
    Concrete, Other, Wood
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    0.203
  • Lot Features
    Corner Lot
  • Utilities
    Sewer Available
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1501 Herring Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1501 Herring Ave.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1501 Herring Ave?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $349,999. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Waco, and can even get you in to see the property quickly.

How do I get a virtual tour of 1501 Herring Ave?

Yes! A virtual tour is available for 1501 Herring Ave. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 1501 Herring Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1501 Herring Ave at around $1,974. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1501 Herring Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in McLennan County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1501 Herring Ave?

In most cases, yes. Whether 1501 Herring Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Waco's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1501 Herring Ave?

We can handle that for you. Our preferred local agent specializes in commercial sales in Waco and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $349,999 with 12,650 sqft of space—that comes out to approximately $28 per square foot.

How long has this property been on the market?

1501 Herring Ave was listed on November 10, 2025, which means it's been on the market for 361 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1922, making it approximately 104 years old.

What is the lot size of this property?

1501 Herring Ave sits on a 0.2-acre lot, which is 8,712 square feet.

What are the property taxes for 1501 Herring Ave?

The most recent public record shows annual property taxes for 1501 Herring Ave were approximately $911. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1501 Herring Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, North Texas Real Estate Information Systems (NTREIS). All rights reserved.

Last Updated: November 06, 2026 at 09:27AM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 21108757