401 S 3rd St, Waco, TX

Office for Sale - 41,679 Sq. Ft.


Agent Info

Clay Fuller
Coldwell Banker Commercial Apex, Realtors

Property Info

CIMLS#1178502
Location
  401 S 3rd St
  Waco TX 76706
UpdatedJuly 19th, 2025
TypeOffice
PriceUpon Request
Building41,679 Sq. Ft.

Property Description

The Historic Phoenix Building - Now For Sale in Downtown Waco

Located between Waco’s top tourist destination, the Magnolia Silos, and the city’s most significant riverfront development in decades, the Phoenix Building offers a rare opportunity to own a true legacy asset with strong and growing income potential. This fully leased property features Pignetti’s restaurant as the anchor tenant on the ground floor, with premium office tenants occupying the second floor. Crafted with exceptional quality, the building showcases 14-foot ceilings adorned with chandeliers, as well as original 1907 structural beams and hardwood floors. The second floor also includes a versatile live/work/VRBO unit, ideal for upscale loft living or a unique business space.


Financials