Temple Retail Investment
Leased Small-Format Commercial Asset with Immediate Income and Future Flexibility
Marketing description
201 S 31st St presents an opportunity to acquire a small-format, income-producing commercial asset in a strategic Temple, Texas location. Offered at $215,000, the property is currently leased to an operating coffee shop tenant through June 30, 2028, providing immediate cash flow at $1,726 per month with scheduled income already in place.
Based on current income and known ownership expenses, the offering reflects an estimated cap rate of approximately 7.2%, creating an attractive entry point for investors seeking stabilized returns in a manageable price range.
Situated on a high-visibility corner lot with convenient access to S 31st Street, W Adams Avenue, W Central Avenue, and Interstate 35, the property benefits from strong connectivity to Downtown Temple, West Temple, Belton, and the broader Central Texas region. Nearby demand drivers include Baylor Scott & White Health, Temple High School, established retail corridors, and surrounding residential neighborhoods.
The approximately 1,056 square foot building sits on 0.16 acres and offers long-term flexibility for a variety of future uses including retail, office, cafe, or service-oriented concepts. In addition to current income, the property offers optionality for future owner-occupancy, repositioning, or redevelopment.
With in-place income, strategic location fundamentals, and long-term flexibility, 201 S 31st St represents a compelling opportunity for both private investors and future owner-users.
Investment highlights
- Immediate In-Place Income - Existing coffee shop tenant paying $1,726/month.
- Lease in Place Through June 2028 - Provides near-term occupancy and income stability.
- Attractive Going-In Yield - Estimated 7.2% cap rate based on current income and known expenses.
- Accessible Entry Price - Offered at $215,000, an attainable price point for commercial ownership.
- Stable Annual Revenue - Current gross annual income of $20,712.
- Defined Expense Profile - Known monthly taxes and insurance allow clearer underwriting.
- Small-Format Asset - Rare opportunity to acquire a manageable commercial property in this size range.
- Strategic Temple Location - Near S 31st St, W Adams, W Central, and I-35.
- Strong Demand Drivers Nearby - Close to Baylor Scott & White, Temple High School, retail centers, and surrounding neighborhoods.
- Corner Lot Visibility - Positioned on a visible 0.16-acre corner site with strong accessibility.
- Flexible Future Use - Suitable for retail, office, cafe, or service-oriented concepts.
- Owner-User Upside - Opportunity for future occupancy at lease expiration.
- Recent Capital Improvement - Roof replaced within the past two years.
- Long-Term Optionality - Hold for income, occupy later, or reposition over time.
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