217 S Commercial Ave, Coleman, TX 76834
- $240,000
- List Price
- $240,000
- Price Change
- ▼ $20,000 1779674901
- MLS#
- 20830006
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Construction Status
- Preowned
- Acres
- 0.14
- County
- Coleman
- City
- Coleman
- Subdivision
- Original Town Coleman
Property 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.
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Additional Information
- Unexempt Taxes
- $2,003
- Tenant Pays
- AllUtilities
- Lot Size
- 6,098
- Acres
- 0.14
- Lot Description
- Corner Lot
- Flooring
- Concrete, Hardwood
- Foundation
- Slab
- Roof
- Tar/Gravel
- Building Stories
- 2
- Parking Garage
- Alley Access, Paved, On Street
- Possession
- CloseOfEscrow
- Proposed Use
- Retail
- Inclusions
- Building Only, Land & Improvements
- Community Features
- Sidewalks
Mortgage Calculator
Listing courtesy of Stephanie Garner from Ranch Realty of Texas. Contact: 325-642-9776
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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