WACO – Magnolia Vacation Rentals will buy the 90-year-old downtown Grand Karem Shrine building from McLennan County at 701 Washington Ave.
The building's only tenants—the county health services department and the child support court—occupy less than a third of the 53,000-sf building.
County commissioners approved the $1.1 million deal with Magnolia Vacation Rentals LLC, which is expected to be finalized in the next few months.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.