106 East Street new Save Request In-Person Tour Request Virtual Tour
Coleman,TX 76834
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Phillips 1 Add Town Coleman
MLS Listing ID 20778406
Total Fin. Sqft 7500
Annual Tax Amount $3,242
Lot Size 0.344 Acres
Acres 0.3444
Lot Dimensions 150x100
Property Description
Incredible downtown business opportunity in the thriving and bustling small community of Coleman located in the Heart of Texas! Centrally located within 3 hours from the DFW Metroplex, Midland Odessa, Lubbock, San Antonio and Austin, this building offers a blank canvas with unlimited opportunities in the Downtown District of Coleman! The entire building is 14000 sq ft and lot dimensions are 150x100. However, 6500 sq ft of the north end of the building needs to be torn down, so only 7500 sq ft of this property is available for purchase or lease. The 7500 sq ft can be bought as one building or subdivided into two parcels as a 2500 sq ft building (slab foundation) and a 5000 sq ft building (pier and beam). Gorgeous combination of original rock, stone and brick makeup the interior of this building! Ceilings almost 20ft tall add fantastic height for a variety of uses! Beautiful wood ceilings! Entire building has been gutted and is ready for your vision! Seller is willing to explore options of owner financing at 20% down, 12% interest as well as lease the building and build to suit. Currently, there is no heating, cooling or plumbing systems in the building. Utilities are with City of Coleman and natural gas is available on-site as well with Atmos Energy. The possibilities for this building are limitless! Take a tour today and see for yourself!
Location
State TX
County Coleman
Zoning F1 - Real Commercial
Direction Building is located at the north end of downtown Coleman on the east side of the Courthouse. From Commercial Ave and Liveoak, go north on East St. Building is on the east side of the road. Formerly the Johnson Feed Barn building.
Interior
Heating None
Cooling None
Flooring Concrete,Wood
Heat Source None
Exterior
Utilities Available Asphalt,City Sewer,City Water,Concrete,Curbs,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Sidewalk
Roof Type Flat,Other
Garage No
Building
Lot Description Interior Lot
Foundation Pillar/Post/Pier,Slab
Structure Type Brick,Rock/Stone,Wood
Others
Ownership PENNYE LANE PROPERTIES LLC
Acceptable Financing Cash,Conventional,Lease Option,Lease Purchase,Owner Will Carry
Listing Terms Cash,Conventional,Lease Option,Lease Purchase,Owner Will Carry
Special Listing Condition Build to Suit,Other