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For sale
  • Price increase: $20K (4/14)
    $295,000

    501 Front St E, Coeburn, VA 24230

    3beds
    4baths
    --sqft
    : 
    Multi Family
    Built in 1908
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious commercial areaWell-laid-out apartmentWell-laid-out apartments
    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!
    86 days
    on Zillow
    |
    224
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 14, 2025 at 10:10am

    Listed by:

    Eddie Serralles 813-610-1563,

    Serralles Group, Inc.

    Source: TVRMLS,MLS#: 9957462
    Travel times

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    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    Heating
    • Other
    Cooling
    • None
    Appliances
    • Included: Other
    Features
    • Flooring: Hardwood
    • Windows: Double Pane Windows
    • Basement: Concrete,Dirt Floor
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: Three Or More
    • Stories: 3
    Lot
    • Size: 3,840 Square Feet
    • Dimensions: 30 x 128
    • Topography: Other
    Details
    • Parcel number: 005096
    • Zoning: Historical Dist

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Other
    • Roof: Rolled/Hot Mop
    Condition
    • Average
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Coeburn

    Financial & listing details

    • Date on market: 1/29/2025
    • Listing terms: Cash,FHA,Indiv/Seller Financing,USDA Loan,VA Loan,VHDA
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