Repositioned Retail
1317 S 1st St Temple, TX 76501
1317 S 1st St, Temple, TX, 76501
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For Sale
Contact for pricing
Single or multi-tenant retail center offered in cold dark shell condition.
Property Size3,200 SF
Price / SF$200
Days on Market60
Property Features for 1317 S 1st St
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Retail
Listing agency
Coldwell Banker Commercial Apex, Realtors
(254) 776-0000
Listed by
Jordan Beard · License #TX
Source
Crexi
Added: May 23 Updated: Jul 21 at 5:45AM Checked: Jul 21 at 5:45AM
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 Coldwell Banker Commercial Apex, Realtors
Investment Insights
Based on property information with market context.
This repositioned retail center offers approximately 3,200 SF of single or multi-tenant retail space and is currently presented in cold dark shell condition. The property was originally built in 1947 and repositioned in 2025, with negotiable TI allowances available to support tenant improvements.
Located near Temple’s downtown and medical districts, the center is positioned for retail or service-oriented users serving surrounding residential neighborhoods. Access to major retail corridors is described as convenient, supporting a range of neighborhood retail uses.
The space is available for sale and configured for flexibility between single and multiple tenants, subject to tenant improvement planning under the available allowance terms.
Located near Temple’s downtown and medical districts, the center is positioned for retail or service-oriented users serving surrounding residential neighborhoods. Access to major retail corridors is described as convenient, supporting a range of neighborhood retail uses.
The space is available for sale and configured for flexibility between single and multiple tenants, subject to tenant improvement planning under the available allowance terms.
Key Highlights
- 3,200 SF single or multi‑tenant retail center near Temple’s downtown and medical districts
- Originally built in 1947 and repositioned in 2025
- Offered in cold dark shell condition
Local 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 | $65.7k | $20.52 |
| − Vacancy | −$3.7k | −$1.17 |
| EGI | $61.9k | $19.35 |
| − OpEx | −$18.6k | −$5.81 |
| NOI | $43.3k | $13.55 |
3,200 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$619.2K
$541.8K – $722.4K
NOI $43,345 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$35.72M
$31.26M – $41.68M
NOI $2,500,646 @ 7.0% cap · market cap 390.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Henry Adams Amusement ...
Big Box & Wholesale Store
Adlew Estate Sales
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Single or multi-tenant retail center offered in cold dark shell condition.
Where is this retail space located?
The property is located at 1317 S 1st St Temple, TX.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 3,200 SF single or multi‑tenant retail center near Temple’s downtown and medical districts; Originally built in 1947 and repositioned in 2025; Offered in cold dark shell condition
