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Temple Commercial Property For Sale

201 S 31st Street, Temple, TX 76504

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For Sale

$215,000

COMMERCIAL - Temple, TX

Property size:

1,056 SF

Lot size:

0.16 Acres

Price / SF:

$203/SF

HighLights

Income‑producing property with existing coffee shop tenant and lease in place through June 30, 2028.
Strategic corner lot location on 31st Street corridor with excellent visibility.
Convenient access to W Adams Ave, W Central Ave, and I‑35.
Located near major demand drivers: Baylor Scott & White, Downtown Temple, major retail areas, and established neighborhoods.
Flexibility for future retail, office, cafe, or service‑oriented uses.
Approximately 1,056 SF building on a 0.16‑acre lot with rear/side access parking plus street parking.

We can help!

Listing Contact

Blake Lufburrow

For Sale

$215,000

COMMERCIAL - Temple, TX

Property size:

1,056 SF

Lot size:

0.16 Acres

Price / SF:

$203/SF

Added:: Apr 14, 2026
Days on Market:: 59
Last Refresh:: Jun 11 at 7:06 pm

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

We can help!

Listing Contact

Blake Lufburrow

Listing agent Blake Lufburrow License #0686366

Listing office Two Lakes Real Estate 508 N Wall St, TX

Listing date Apr 14, 2026

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.

HighLights

Income‑producing property with existing coffee shop tenant and lease in place through June 30, 2028.
Strategic corner lot location on 31st Street corridor with excellent visibility.
Convenient access to W Adams Ave, W Central Ave, and I‑35.
Located near major demand drivers: Baylor Scott & White, Downtown Temple, major retail areas, and established neighborhoods.
Flexibility for future retail, office, cafe, or service‑oriented uses.
Approximately 1,056 SF building on a 0.16‑acre lot with rear/side access parking plus street parking.

Overview

This income-producing commercial property is located in Temple, Texas. The property is currently leased to an operating coffee shop tenant, with an existing lease in place through June 30, 2028. The building, originally built as a residence and adapted to commercial use, offers flexibility for future retail, office, cafe, or service-oriented uses. The property has excellent visibility along the 31st Street corridor and convenient access to W Adams Ave, W Central Ave, and I-35. Nearby demand drivers include Baylor Scott & White, Downtown Temple, major retail areas, and established neighborhoods. The building is approximately 1,056 square feet and sits on a 0.16-acre corner lot. Parking includes rear/side access areas plus street parking.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$26.4k	$24.96
− Vacancy	−$1.4k	−$1.37
EGI	$24.9k	$23.59
− OpEx	−$6.2k	−$5.90
NOI	$18.7k	$17.69

1,056 SF · lease $24.96/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$266.9K

$233.5K – $311.4K (±1% cap)

NOI $18,681 @ 7.0% cap · market cap 8.69%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$11.79M

$10.32M – $13.75M (±1% cap)

NOI $825,213 @ 7.0% cap · market cap 383.82%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

ProManage Apartment Rental Agency

Suggested Use

Similar Places Nearby

Island Luck 777 — 808 A S 31st St, Temple, TX 76504
The Hot Spot #3 — 1220 S 37th St, Temple, TX 76504
Dutch Bros Coffee — 201 N General Bruce Dr, Temple, TX 76504
Black Rifle Coffee Company — 111 N General Bruce Dr, Temple, TX 76504
BLACK RIFLE COFFEE COMPANY — W Avenue H, Temple, TX 76504

Location Insight

Map
Local Demand

City: Temple
County: Bell
State: Texas
Longitude: -97.3581384
Latitude: 31.0989803

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For sale
Coffee shops
TX
Temple
76504
201 S 31st Street

What type of property is this?

Coffee shop - Income-producing commercial property with an existing coffee shop tenant.

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 $215,000.

What are key features of this property?

This property features: Income‑producing property with existing coffee shop tenant and lease in place through June 30, 2028.; **Strategic corner lot location on 31st Street corridor with excellent visibility.**; Convenient access to W Adams Ave, W Central Ave, and I‑35.

201 S 31st Street, Temple, TX 76504

COMMERCIAL - Temple, TX

Property Features for 201 S 31st Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Restaurant and Showroom Investment Opportunity

Commercial Office Building with Signage

Corner Lot Professional Office Building

Warehouse and Office Flex Property

Adaptable Commercial Space in Temple

Historic Corner Retail and Event Building

Office and Hair Salon Mixed-Use Building

Duplex with Recent Exterior Updates

New Construction Duplex Residence

Brand-New Contemporary Duplex

Spacious Duplex in Temple, TX

Temple Commercial Property For Sale

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