Leased Corner Coffee Shop
201 S 31st Street Temple, TX 76504
For Sale
$189,900
COMMERCIAL - Temple, TX
Property Size1,056 SF
Lot Size0.16 Acres
Price / SF$179.83
Days on Market105
Property Features for 201 S 31st Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 30722
- Size
- 1,056 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FREEMAN HEIGHTS, BLOCK 021, LOT 0001
- Tax Annual Amount
- 2976
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1927
- Floors in Building
- 1
- Flooring type
- Vinyl, Linoleum, Carpet
- Building materials
- Frame, WoodSiding
- Roof type
- Composition, Shingle
Listing Agency:
Two Lakes Real Estate
(254) 415-4040
Listed By:
Blake Lufburrow · License #0686366
(254) 780-5466
Added: Apr 14
Changed: Jul 17
Last Checked: Jul 27 at 12:06AM
MLS# 609722
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This leased corner commercial building is currently occupied by an operating coffee shop tenant and provides in-place income through June 30, 2028. The property includes an approximately 1,056-square-foot building on a 0.16-acre lot. Originally built as a residence and later adapted to commercial use, the space offers flexibility for future retail, office, cafe, or service-oriented concepts, subject to applicable approvals.
The property is located on S 31st Street in Temple, TX, with convenient access to W Adams Ave, W Central Ave, and I-35. Parking is available via rear/side access areas as well as street parking.
The building’s configuration and location support storefront use, with visibility along the 31st Street corridor.
The property is located on S 31st Street in Temple, TX, with convenient access to W Adams Ave, W Central Ave, and I-35. Parking is available via rear/side access areas as well as street parking.
The building’s configuration and location support storefront use, with visibility along the 31st Street corridor.
Key Highlights
- Approximately 1,056 SF building on a 0.16‑acre corner lot in Temple, TX
- Leased to an operating coffee shop tenant with lease in place through June 30, 2028
- Income‑producing commercial property with public utilities: public water and public sewer
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.7k | $20.52 |
| − Vacancy | −$1.2k | −$1.17 |
| EGI | $20.4k | $19.35 |
| − OpEx | −$6.1k | −$5.81 |
| NOI | $14.3k | $13.55 |
1,056 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$266.9K
$233.5K – $311.4K
NOI $18,681 @ 7.0% cap · market cap 9.84%
Second Best
Retail
$204.3K
$178.8K – $238.4K
NOI $14,304 @ 7.0% cap · market cap 7.53%
Theoretical Best
Multifamily LT 5
$11.79M
$10.32M – $13.75M
NOI $825,213 @ 7.0% cap · market cap 434.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ProManage
Property Management Company
Similar Off Market Nearby
- First Street Roasters — 110 S 1st St, Temple, TX 76501
- Island Luck 777 — 808 A S 31st St, Temple, TX 76504
- The Hot Spot #3 — 1220 S 37th St, Temple, TX 76504
- Elotes Las Delicias — 15 E Avenue G, Temple, TX 76504
- BLACK RIFLE COFFEE COMPANY — W Avenue H, Temple, TX 76504
FAQs
What type of property is this?
Coffee shop - Corner retail building is currently leased to a coffee shop through June 30, 2028, with on-site parking and street access.
Where is this coffee shop located?
The property is located at 201 S 31st Street Temple, TX.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Approximately 1,056 SF building on a 0.16‑acre corner lot in Temple, TX; Leased to an operating coffee shop tenant with lease in place through June 30, 2028; Income‑producing commercial property with public utilities: public water and public sewer
