119 W French Ave Temple, TX 76501

Property Details for 119 W French Ave

Lot size

0.19 lot acres

Property size

7,289 SF

Zone code

CA SPPC

Property type

Commercial real estate

APN

9418

APU

9418

Description

This exceptional 8,186 square foot retail storefront, located at 119 W French Ave in Temple, Texas (76501), presents a unique investment opportunity. Situated on a 16,500 square foot lot at the signalized intersection of North 3rd Street and West French Avenue, this property benefits from high visibility along a major North-South traffic artery. The building, constructed in 1931 and renovated in 2003, boasts a distinctive architectural style with brick masonry, ornate mosaic work, and a tiled roof. Currently vacant, the space offers a flexible layout previously used as a museum, including multiple exhibit and activity rooms, a full kitchen, and large ADA-compliant restrooms. The property includes 15 existing parking spaces, with the potential to add another 42 spaces on an adjacent vacant lot (included in the $789,500 asking price). This lot is also part of the sale and could be developed for additional parking. The property is zoned for retail use within Temple's Central Area, a rapidly growing downtown district experiencing significant public and private investment, including new residential apartments, a revitalized theater, expanded fairgrounds and parks, and numerous restaurants and bars. The seller will consider financing up to 80% of the purchase price, amortized over 15 years at 6% interest. This prime location offers exceptional potential for a variety of retail uses, capitalizing on the revitalization of Temple's downtown area. The property's unique character and ample parking make it an attractive investment opportunity.