Corner Retail Coffee Shop
201 South 31st Street Temple, TX 76504
For Sale
Contact for pricing
Leased coffee shop on a high-visibility corner lot with access to major Temple roadways and Interstate 35.
Property Size1,056 SF
Lot Size0.16 Acres
Price / SF$203.60
Days on Market102
Property Features for 201 South 31st Street
General Information
- Standard status
- Active
- Size
- 1,056 SF
- Lot size
- 0.16 Acres
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1927
Listing Agency:
Two Lakes Real Estate
(254) 780-5466
Listed By:
Blake Lufburrow · License #686366
Source:
Crexi
Added: Apr 14
Changed: Jul 22
Last Checked: Jul 24 at 12:37PM
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
Investment Insights
Based on property information with market context.
201 S 31st St is a small-format commercial building currently leased to an operating coffee shop tenant through June 30, 2028. The property is positioned as income-producing, with scheduled lease income already in place and the option for future owner-occupancy, repositioning, or redevelopment.
The site sits on a high-visibility corner lot with convenient access to S 31st Street, W Adams Avenue, W Central Avenue, and Interstate 35, supporting connectivity to Downtown Temple, West Temple, Belton, and the broader Central Texas region. The surrounding area includes demand drivers such as Baylor Scott & White Health and Temple High School, along with established retail corridors and residential neighborhoods.
The approximately 1,056-square-foot building is located on a 0.16-acre parcel and offers long-term flexibility for a variety of future uses, including retail, office, café, or service-oriented concepts.
The site sits on a high-visibility corner lot with convenient access to S 31st Street, W Adams Avenue, W Central Avenue, and Interstate 35, supporting connectivity to Downtown Temple, West Temple, Belton, and the broader Central Texas region. The surrounding area includes demand drivers such as Baylor Scott & White Health and Temple High School, along with established retail corridors and residential neighborhoods.
The approximately 1,056-square-foot building is located on a 0.16-acre parcel and offers long-term flexibility for a variety of future uses, including retail, office, café, or service-oriented concepts.
Key Highlights
- 1,056 SF commercial building on a 0.16‑acre corner lot, built in 1927
- Leased to an operating coffee shop tenant through June 30, 2028
- Current income is $1,726 per month with scheduled lease term in place
Financial Insights For Specialty 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 | $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
NOI $18,681 @ 7.0% cap · market cap 8.69%
Second Best
Office B
$252.3K
$220.8K – $294.4K
NOI $17,664 @ 7.0% cap · market cap 8.22%
Theoretical Best
Multifamily LT 5
$11.79M
$10.32M – $13.75M
NOI $825,213 @ 7.0% cap · market cap 383.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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 - Leased coffee shop on a high-visibility corner lot with access to major Temple roadways and Interstate 35.
Where is this coffee shop located?
The property is located at 201 South 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: 1,056 SF commercial building on a 0.16‑acre corner lot, built in 1927; Leased to an operating coffee shop tenant through June 30, 2028; Current income is $1,726 per month with scheduled lease term in place
