Income-Producing Commercial Opportunity in Temple

201 S 31st St, Temple, TX 76504

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For Sale

$215,000

Leased coffee shop property with income through June 2028.

Type:Commercial

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 with excellent visibility.
Convenient access to W Adams Ave, W Central Ave, and I‑35.
Proximity to Baylor Scott & White, Downtown Temple, major retail areas, and established neighborhoods.
Flexibility for future retail, office, café, or service‑oriented uses.
Approximately 1,056 SF building on a 0.16‑acre lot with rear/side access and street parking.

We can help!

Listing Contact

Blake Lufburrow

Learn more

For Sale

$215,000

Leased coffee shop property with income through June 2028.

Type:Commercial

Property size:

1,056 SF

Lot size:

0.16 Acres

Price / SF:

$203/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 4:03 pm

Property Features for 201 S 31st St

General Information

Standard status: Active
Size: 1,056 SF
Lot size: 0.16 Acres
Property subtype: Commercial

Building Details

Year Built: 1927

We can help!

Listing Contact

Blake Lufburrow

Listing agent Blake Lufburrow License #0686366

Listing office Two Lakes Real Estate

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Two Lakes Real Estate

HighLights

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

Overview

This income-producing commercial property is located in a strategic area of Temple. Currently leased to a coffee shop, the property generates immediate income with a lease in place through June 30, 2028. The building, approximately 1,056 square feet in size, is situated on a 0.16-acre corner lot, offering visibility along the 31st Street corridor and convenient access to W Adams Ave, W Central Ave, and I-35. The location benefits from nearby demand drivers such as Baylor Scott & White, Downtown Temple, major retail areas, and established neighborhoods. Originally constructed as a residence and later adapted for commercial use, the property provides flexibility for future retail, office, café, or service-oriented businesses. Parking is available via rear and side access areas, as well as street parking. The property has a walk score of 56, indicating it is somewhat walkable, and a bike score of 40, meaning it is somewhat bikeable.

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.

Location Intelligence

Current Use by Public Records

ProManage Property Management Company

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 St

What type of property is this?

Coffee shop - Leased coffee shop property with income through June 2028.

Where is this coffee shop located?

The property is located at 201 S 31st St 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 with excellent visibility.; Convenient access to W Adams Ave, W Central Ave, and I‑35.