502 1St StTemple, TX 76504

  • Commercial real estate
  • 468 SF
For Lease
$27.25/SF/YR View listing

Property Details for 502 1St St

Year built
1983
Lot size
0.04 AC
Property size (Sq ft)
468 SF
Zone code
C
Property type
Commercial real estate
APN
67314
APU
67314

Description

This exceptional restaurant opportunity in Temple, Texas, presents a fully equipped, 468 sq. ft. building on a 0.14-acre lot zoned C-Commercial. The property includes a substantial 285 sq. ft. covered wood deck ideal for outdoor dining and a 378 sq. ft. covered shed perfect for BBQ pit and wood storage. The interior features a well-appointed kitchen and indoor dining area. The site boasts ample graveled parking. All furniture, fixtures, and equipment (FF&E) are included. The lease offers a base rent of $1,062.89 per month ($27.25/SF/year) with an estimated NNN expense of $337.11 per month ($8.64/SF/year). This turnkey operation is situated at 502 S 1st St, Temple, TX 76504, offering immediate potential for a new owner or operator. The property's convenient location and existing infrastructure make it an attractive investment. Don't miss this chance to acquire a thriving restaurant business in a high-traffic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $116,812
    Hospitality
    $106,999
    Educational
    $89,022
    Medical
    $92,084
    Retail
    $138,479
502 1St St, Temple, Texas

Location Insight

City
Temple
County
Bell
State
Texas
Latitude
31.0916
Longitude
-97.3446
CBSA code
28660
CBSA name
KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$455
$7,410
$30,168
$37,578
-
$7,410
$30,168
$37,578

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