119 French AveTemple, TX 76501

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.