501 Front Street East
$275,000
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4
1
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Description
Discover Coeburn's architectural gem—the town's largest 3-story building, a rare find brimming with potential! This unique property offers a blend of commercial and residential spaces, perfectly positioned to be a key player in the revitalization of Coeburn's historic downtown. Ground Floor: The spacious commercial area is ideal for a variety of businesses, from a cozy café or trendy eatery to a vibrant service-oriented enterprise. The foot traffic and visibility here are unmatched, making it a prime...Discover Coeburn's architectural gem—the town's largest 3-story building, a rare find brimming with potential! This unique property offers a blend of commercial and residential spaces, perfectly positioned to be a key player in the revitalization of Coeburn's historic downtown. Ground Floor: The spacious commercial area is ideal for a variety of businesses, from a cozy café or trendy eatery to a vibrant service-oriented enterprise. The foot traffic and visibility here are unmatched, making it a prime spot for your business vision to come to life. This level also has 1 well-laid-out apartment. Second Floor: This level boasts 4 well-laid-out apartments, ready to generate steady rental income. With the demand for housing in the area, these units offer a great opportunity for passive income or could be upgraded to attract premium tenants. Third Floor: This level has 1 well-laid-out apartment & a partially built out area, this floor features a stage and expansive windows with views of Front Street. This space is perfect for a community gathering spot, an event venue, or even a unique loft-style apartment, offering endless possibilities for creative use. The current owner is open to seller financing with specific terms, making this an even more attractive investment opportunity. Whether you're an entrepreneur looking to establish a business, a savvy investor seeking rental income, or someone with a vision for both, this property is your canvas. Don't miss out on owning a piece of Coeburn's history. This building is not just a property; it's a cornerstone of the town's past with the potential to shape its future. Seize this rare opportunity and make your mark on Coeburn's downtown revival!
- Listed by Eddie Serralles • Serralles Group, Inc.
Property Details for 501 Front Street East
Architectural Style
Historic
ZoningHistorical Dist
LISTING UPDATED: 08/22/2024 01:36 PM
Property Details for 501 Front Street East
Status | Active |
---|---|
MLS # | 9957462 |
Days on Market | 455 |
Taxes | $681 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Multi-Family |
Year Built | 1908 |
Lot Size | 0.09 AC / 3,840 SF |
County | Wise County |
Building Information for 501 Front Street East
Stories3Residences-Year Built1908Building Size-Lot Size0.09 AC / 3,840 SF
Property Information for 501 Front Street East
Property History for 501 Front Street East
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 501 Front Street East
Taxable ValueLand$9,600Additions$66,900Total$76,500
Home Facts
Total Finished SqFt7,722 SqFtAbove Grade Finished SqFt7,722 SqFtStories3StyleStoresCountyWISEAPNR005096
Schools near 501 Front Street East
This home is within Wise County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Coeburn Primary School PublicPK to 4 | ||
Coeburn Middle School Public5 to 8 | ||
Eastside High School Public9 to 12 | ||
L.F. Addington Middle School Public5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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