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!
For sale
Price increase: $20K (4/14)
$295,000
501 Front St E, Coeburn, VA 24230
3beds
4baths
--sqft
Est.:
Multi Family
Built in 1908
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious commercial areaWell-laid-out apartmentWell-laid-out apartments
- 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
Tour with a buyer’s agent
Tour with a buyer’s agent
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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