1. Virginia
  2. Coeburn
  3. 501 Front Street
$485,000

501 Front Street, Coeburn, VA 24230

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1908
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

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!

Listing Status:
Active
Date Added:
January 29, 2025 at 06:00AM
Listing Office:
Serralles Group, Inc. : 813-307-0007
Listing Agent:
Eddie Serralles : 813-610-1563
MLS ID:
9957462
  • Appliances: Other
  • Basement: ConcreteDirt Floor
  • Flooring: Hardwood
  • A/C: None
  • Heating: Other

This listing courtesy of Eddie Serralles, Serralles Group, Inc.

Monthly Payment

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

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Location

Schools Nearby

C

Coeburn Middle School

518 Centre Ave NE, Coeburn, VA, 24230

Grades 5-8

0.48 miles away

C

Coeburn Middle School

518 Centre Ave NE, Coeburn, VA, 24230

Grades 5-8

0.48 miles away

E

Eastside High School

314 Schoolhouse Hill Dr NE, Coeburn, VA, 24230

Grades 9-12

0.75 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.