$275,000

217 S Commercial Avenue, Coleman, TX 76834

  • 10,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $28/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Listing Office:
Ranch Realty of Texas : 325-642-9776
Listing Agent:
Stephanie Garner :
MLS ID:
20830006
  • Flooring: ConcreteHardwood
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Stephanie Garner, Ranch Realty of Texas

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Coleman Jr High School

301 15th St, Coleman, TX, 76834

Grades 5-8

1.35 miles away

C

Coleman Jr High School

301 15th St, Coleman, TX, 76834

Grades 5-8

1.35 miles away

C

Coleman High School

201 15th St, Coleman, TX, 76834

Grades 9-12

1.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.