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1018 - 1020 Franklin Ave

$3,218,000

1018 - 1020 Franklin Ave, Waco, TX 76701

Active
Last Updated: 04/07/2026

7

Cap Rate

9,600 sqft

Building Size

Details:
Cap Rate:    7%
Building Size:    9,600 sqft
Lot Area:    0.48 acres
Description:

Milo All Day is Widely Regarded as the Premier Dining Destination in Waco, Consistently Ranking as the City’s “Best” Across Multiple Platforms:
– Milo All Day is a chef-driven, southern-inspired anchor that functions as a “neighborhood living room,” attracting customers from breakfast through dinner
– Critically Acclaimed: Regularly featured on the Eater Dallas/Texas “Hot Map,” Milo has transitioned from a beloved food truck to a sophisticated brick-andmortar powerhouse; it holds a consistent high ratings across Yelp and Google with thousands of reviews
– Versatile Revenue Streams: Beyond the daily restaurant operations, the property features a dedicated industrial-chic event space
– Milo is responsible for roof and structure

Splendid Oaks Chocolates | The Destination Confectionery:
– Handcrafted Excellence: Known for premium, small-batch chocolates and world-class ice cream, Splendid Oaks acts as the perfect “dessert destination” for the crowds finishing their meals at Milo

Salon Asylum:
– A top-tier salon provides the property with a stable, repeat-clientele base that is “internet-proof”
– Established Reputation: As one of Waco’s most sought-after salons, it brings a consistent flow of high-income local professionals to the site

100% Occupancy with Internet-Resistant Tenants in the Highly Sought After Silo District in Downtown Waco


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Listing ID: 423e8436-0047-4db1-91bd-8dd7f9b33693
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