VA
Wise
Coeburn
24230
501 Front Street
501 Front Street, Coeburn, VA 24230
Listing Type
Multi Family
Listing Status
active
40
$275,000

Home Details for 501 Front Street

Price
$275,000
Type
Residential Income
Bedrooms
1
Bathrooms
0.0
Square feet
0
Year built
1908
Lot size acres
0.00
County
Wise
Total rooms
2
Garage
Basement
Concrete, Dirt Floor
Days on site
528
MLS Listing#
9957462
Listing Courtesy: Serralles Group, Inc. - 813-307-0007
Property 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 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!

Property Features
  • Basement
    • Concrete
    • Dirt Floor
  • Cooling Information
    • None
  • Heating Information
    • Other
  • Water Features
    • Public
  • Parking
    • Other
School Information
School Information for 501 Front Street, Coeburn, VA 24230
Elementary School
Coeburn
Middle School
Coeburn
High School
East Side
. Presented by: Eddie Serralles
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 Tennessee Virginia Regional MLS. All Rights Reserved.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Tennessee Virginia Regional MLS.
EXIT REALTY TRI-CITIES
1604 Lamons Lane #201, Johnson City, TN 37604
Office
423 806 0400
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