420 Cottonwood StColeman, TX 76834

  • Commercial real estate
  • 551 SF
For Sale
$24,900 View listing

Property Details for 420 Cottonwood St

Property size (Sq ft)
551 SF
Property type
Commercial real estate
APN
R17403
APU
R17403

Description

This exceptional commercial property, located at 420 N Cottonwood in Coleman, Texas, presents a unique investment opportunity. The 398 square foot building currently operates as a beauty salon and sits on a highly visible corner lot spanning 0.1 acres. Its convenient location offers easy access to Coleman's city center and is just minutes from a major highway, ensuring excellent visibility and accessibility for any business. The property's current configuration as a functioning salon provides immediate income potential or a ready-made space for a new venture. This property is situated on lot 5. Note that adjacent properties are also available for purchase. These include a house located at 208 N Neches (lots 6 & 7) and a barn on Cottonwood Street (lot 4). The combined purchase of all three properties would create a substantial 0.5-acre commercial lot, offering significant expansion possibilities. The asking price for this prime commercial corner lot is $24,900, representing a compelling value in the Coleman market. This property is ideal for entrepreneurs seeking a turnkey operation or investors looking to capitalize on the potential for significant growth in a thriving community. The strategic location and existing infrastructure make this an exceptional opportunity for a variety of commercial uses.

Location Insight

City
Coleman
County
Coleman
State
Texas
Latitude
31.8321
Longitude
-99.427

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$154
$1,250
$4,320
$5,570
-
$1,250
$4,320
$5,570

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