217 Commercial AveColeman, TX 76834

Property Details for 217 Commercial Ave

Property size (Sq ft)

10,528 SF

Property type

Commercial real estate

APN

R15625

APU

R15625

Description

This exceptional 10,000-square-foot retail property is situated on a 0.14-acre corner lot in the heart of downtown Coleman, Texas. Its prime location ensures high foot traffic and unbeatable visibility. The two-story building presents a unique blend of modern retail space and historical charm. The ground floor, currently utilized as retail space, boasts a flexible layout with multiple entrances, allowing for easy division into several independent retail units to maximize rental income. A single restroom is currently available downstairs, with ample space for expansion. The second floor retains the original structure of the historic Wylie Hotel, built in the early 1900s, featuring 18 original rooms. This space offers a remarkable opportunity for restoration, conversion into additional commercial units, or even residential units, subject to local zoning regulations. The property's versatility makes it ideal for investors, developers, or business owners seeking to capitalize on a landmark building in a thriving downtown area. Motivated sellers are ready to negotiate, making this a truly exceptional opportunity.

Location Insight

City

Coleman

County

Coleman

State

Texas

Latitude

31.8293

Longitude

-99.4227

Property Tax & Assessments

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