106 East Street, Coleman, TX 76834 - MLS#20778406

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Debbie Waters

Ziglar Realty DFW

debbiewaters@ziglarrealty.com +1(972) 841-8461

$450,000

Est. payment - /mo

0.34 Acres Lot

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UPDATED:

12/05/2024 10:02 PM

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

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Sujo McKee • Sujo McKee Real Estate

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Debbie Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163