217 S Commercial Avenue,Coleman, TX 76834
Coleman, TX 76834
Description
Prime Downtown Coleman Retail Property - Motivated Sellers Located in the heart of downtown Coleman, this rare corner lot offers unbeatable visibility and access in one of the city's most sought-after areas. The 10,000 sq. ft. building is a two-story gem that combines modern retail potential with rich historical charm. The ground floor is currently in use as retail space, but the building offers limitless opportunities for transformation. With multiple entrances and a flexible layout, the ground floor could easily be divided into several separate retail locations to maximize income potential. The second floor retains the original remnants of the iconic Wylie Hotel, built in the early 1900s. With 18 original rooms, this space offers a unique opportunity for restoration or conversion into additional commercial or residential units (subject to zoning). Whether you're looking to preserve its historical elements or create something entirely new, the potential is extraordinary. Key Features: Prime downtown location with high foot traffic 10,000 sq. ft. total (2 stories) Original 18-room Wylie Hotel on the second floor Multiple entrances and flexible floorplan for retail conversions One restroom downstairs, ample space for expansion Motivated sellers-ready to negotiate! Whether you're an investor, developer, or business owner, this property offers an exceptional opportunity to capitalize on one of downtown Coleman's most historic buildings. With its prime location, rich history, and endless potential, the possibilities are truly spectacular.
Details
| MLS # | 20830006 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 614 |
| Listing Provided By | Ranch Realty of Texas | Stephanie Garner |
Features
| SQ Feet | 10,000 |
|---|---|
| Story(s) | 2 |
| Zoning | Commercial |
| Acreage | 0.14 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
Exterior
| Roof | Tar/Gravel |
|---|---|
| Construction Materials | Brick, Plaster, Rock/Stone, Wood |
| Foundation Details | Slab |
| Lot Features | Corner Lot |
Parking
| Parking Features | Alley Access, On Street, Paved |
|---|
Utilities
| Utilities | City Sewer, City Water, Electricity Connected, Individual Gas Meter, Phone Available |
|---|
Taxes
| Unexempt Taxes | 2003 |
|---|---|
| Tax Lot | 9, 10 |
| Tax Block | 8 |
| Tax Legal Description | ORIGINAL TOWN COLEMAN, BLOCK 8, LOT 9, 10 |
Area Information
| State | TX |
|---|---|
| County | Coleman |
| City | Coleman |
| Zip Code | 76834 |
| Area | Coleman |
| Community Name | Original Town Coleman |
| Listing VS Median (in Original Town Coleman) | |
Price: $240,000 low | high Med: $229,375 sqft: 10,000 low | high Med: 8,660 $ / sqft: $24 low | high Med: $27 On site: 614 low | high Med: 404 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Coleman |
| City | Coleman |
| Zip Code | 76834 |
| Area | Coleman |
| Community Name | Original Town Coleman |
| Listing VS Median (in Original Town Coleman) | |
Price: $240,000 low | high Med: $229,375 sqft: 10,000 low | high Med: 8,660 $ / sqft: $24 low | high Med: $27 On site: 614 low | high Med: 404 | |