$359,000
 $2,038 est/mo Sourced by Back At You

111 S 33rd Street,Temple, TX 76504

Temple, TX 76504

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Description

Fix it. Flip it. Reimagine it. This is the kind of diamond in the rough that seasoned investors dream about! Located just off Adams Avenue and minutes from Baylor Scott & White, this versatile commercial property is packed with potential and poised for transformation. Main Building: Approx. 10,707 sq. ft. - a solid shell ready for your vision Additional Structures: A 2-bedroom frame home, former laundry building, and garage/storage area The property is zoned commercial and was previously used as an independent living facility, but the possibilities are wide open: Multi-tenant office space Assisted living or residential rehab facility Boutique lodging or studio space Storage and service-oriented business All buildings are sold AS IS - yes, they need extensive rehab, but this is your blank canvas. MOTIVATED SELLER - Extremely negotiable on cash offers, outside financing AND open to OWNER FINANCING! Rare Value Add Opportunity in Temple! This is an 11 unit multifamily with over 9000 square feet of rentable space (~10500 total building square footage). Projected Income of $13,500 a month (at 1.5 psf) or $162,000 annually. Projected expenses: $40,000 annually NOI: $122,000 Renovated Valuation of $1,876k at a 6.5% cap rate *Attractive Seller Financing Option Available (with 20% downpayment) - Preliminary Renovations Budget of $400-500k INVESTOR ALERT - PRIME COMMERCIAL OPPORTUNITY IN TEMPLE, TX! Don’t wait. With Temple's ongoing growth and proximity to major employers, this is the kind of opportunity that won’t sit long. Call today to schedule a walkthrough and make your offer before someone else grabs this hidden gem!

Details

MLS #609158
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1948
Days On Site144
Listing Provided ByAll City Real Estate Ltd. Co | Elizabeth Thomas

Features

SQ Feet10,500
Story(s)1
Units1
Acreage0.09
Property ViewNone

Parking

Garage Yes / NoNo

Area Information

StateTX
CountyBell
CityTemple
Zip Code76504
Community NameTemple Heights
Listing VS Median (in Temple Heights)
Price:
$359,000
low | high
Med:
$179,000
100% of Average
sqft:
10,500
low | high
Med:
1,123
100% of Average
$ / sqft:
$34
low | high
Med:
$159
100% of Average
On site:
144
low | high
Med:
43
100% of Average
Sourced by Back At You

Market Activity 76504

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Additional Information


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Learn More About This Property

StateTX
CountyBell
CityTemple
Zip Code76504
Community NameTemple Heights
Listing VS Median (in Temple Heights)
Price:
$359,000
low | high
Med:
$179,000
100% of Average
sqft:
10,500
low | high
Med:
1,123
100% of Average
$ / sqft:
$34
low | high
Med:
$159
100% of Average
On site:
144
low | high
Med:
43
100% of Average
Sourced by Back At You
Listing Updated: July 24, 2026 at 10:34:40 AM PDT