518 5Th St Temple, TX 76501

This 5,059-square-foot, single-story office building, constructed in 1950 and renovated in 2019, sits on a 0.38-acre lot in Temple, Texas (76501). Located just north of the downtown area, near the Historical District, and within a Federal Hub Zone, this property offers significant potential. The building features ten partially furnished offices, a reception area, waiting area, conference room, six restrooms, a server room, two administrative rooms, two storage rooms, and six utility rooms. An additional one-bedroom apartment with a kitchen, laundry room, and media room is also included and could be converted into additional office space. The property includes 18 parking spaces and is zoned for Neighborhood Services, allowing for diverse uses such as professional offices, medical facilities, ministry, school, daycare, salon, convenience store, bank, cleaners, or florist. Modern amenities include Cat 6 internet cable, a phone system, and a security system. The asking price is $450,000 ($88.95/sq ft). Note that two storage buildings in the adjacent parking lot are excluded from the sale. The property is currently vacant and offers a great investment opportunity, with potential for individual office leasing as co-working suites. The property is offered at 100% ownership. APN is 47072.