A downtown Hillsboro opportunity
Historic character. Flexible commercial potential.
Three levels of brick, timber and open shell space offer a distinctive setting for a business, customer experience or mixed-use concept near Hillsboro Town Square.
Creative office · Professional office · Event & wedding venue · Showroom & studio · Retail · Salon & wellness · Medical & med spa · Restaurant & hospitality
HISTORIC BRICK BUILDING
This historic brick building in downtown Hillsboro, Texas has 23 new windows, new roof, new framing and floor repairs, a 13,029 SF building on an 11,550 SF lot with approved permits ready to build 4 custom loft apartments or office, fenced asphalt parking lot with up to 22 parking spaces, 16′ ceiling heights, two 14×12 and one 12×12 drive doors, bathrooms rough-plumbed, temporary electric service connected, ready for build-out.
PROPERTY HIGHLIGHTS
PROPERTY3 Levels
TOTAL SF13,029
PARKING22 spaces
LOADINGGrade Level
CONDITIONShell
LOT11,550 SF
ZONINGCommercial/Mixed Use
CLEAR HEIGHT7′–16′ Ceiling Heights
BUILT / STABILIZED1900 / 2024
RESTROOMSGround and 2nd Floor
PARKING RATIO2.2 / 1,000 SF
CONSTRUCTIONBrick
THE LOCATION
Prime North Texas location at 125 S. Waco St. (Hwy 81), across from Brookshire’s Grocery with traffic of 9,573 vehicles per day. In the CBD for Hill County, one block to the County courthouse and Hillsboro Town Square. Five minutes to Buc-ee's and Super Walmart. Hillsboro is 55 minutes south of Dallas and Fort Worth at the fork of I-35W and I-35E, and 35 minutes north of Waco in the Texas Golden Triangle.
THE OPPORTUNITY
125 S. Waco St.
5,555 SF to 13,029 SF
Floor 1
125 S. Waco St.
5,555 SF10,623 Total SF (13,029 SF w/ Mezz)16′ Height2.2 / 1,000 SF3 Grade Doors1 Bath — Roughed
Floor 1 Mezzanine
125 S. Waco St.
2,728 SF10,623 Total SF (13,029 SF w/ Mezz)7′ Height2.2 / 1,000 SFHydraulic LiftSteel Stairs
Floor 2
125 S. Waco St.
5,123 SF10,623 Total SF (13,029 SF w/ Mezz)16′ Height2.2 / 1,000 SF23 Windows1 Bath
Explore 125 South Waco
Lease, purchase or redevelopment paths
Review the property from the perspective that matches your plans, then schedule a private tour.
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125 South Waco FAQ
Is office space available for lease in downtown Hillsboro, Texas?
Yes. 125 S. Waco St. offers configurations from 5,555 SF to the full 13,029 SF across the ground floor, mezzanine and second floor. The open shell can be planned for creative office, professional office, a headquarters, coworking or a combination of office and customer-facing space.
Could 125 S. Waco become a Hillsboro event or wedding venue?
The historic brick building can be evaluated for an event venue, wedding venue, private-event space or hospitality concept. Its open interiors, brick and timber character, new windows and downtown setting provide a distinctive starting point. Event layout, capacity and final approval requirements should be confirmed for the selected concept.
Is this Hillsboro commercial property also available for sale?
Yes. 125 S. Waco St. is offered for lease or for sale. Buyers can review the building, approved plans, property brochure and supporting Dropbox materials, then contact Joe Payton Real Estate for terms and a private tour.
What other businesses could use the building?
The property can also be evaluated for a showroom, studio, retail, salon or salon suites, barber, med spa, chiropractic or medical office, restaurant, bar, coffee shop, hospitality and other commercial or mixed-use concepts.
Are plans and permits already available?
Approved permits are ready to build four custom loft apartments or office. The approved plan set is available below, and additional concepts can be discussed with the owner’s representative.
What parking and loading does the property offer?
The property has a fenced asphalt parking lot with up to 22 spaces, two 14×12 drive doors, one 12×12 drive door and grade-level loading.
Where is the building located?
The building is at 125 S. Waco St. on Highway 81 in downtown Hillsboro, one block from the Hill County courthouse and Hillsboro Town Square. It is approximately 35 minutes north of Waco and 55 minutes south of Dallas and Fort Worth.
How can I schedule a private tour?
Call Joe Payton Real Estate at 214-290-8085 or email Joe@JoePayton.com to discuss the property and arrange a private tour.
See the space in person