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Leased Storefront Property
For Sale
$1,491,750

202 FRONT ST, Coeburn, VA 24230

Building, COEBURN, VA

Property Size8,400 SF
Lot Size1.73 Acres
Price / SF$177.59
Days on Market869

Property Features for 202 FRONT ST

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2 General Business
Subdivision Wise
Standard status Active
APN R005272
Size 8,400 SF
Lot size 1.73 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 5012

Building Details

Year built 2014
Listing Agency: Old Dominion Realty Inc
Listed By: Michael Pugh · License #WV0003842
Added: Apr 23, 2024 Changed: Sep 2 Last Checked: Sep 8 at 2:06AM
MLS# 652082

Copyright © 2026 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8,400-square-foot storefront property in Coeburn, Virginia, was built in 2014 and sits on 1.73 acres. The building is zoned B-2 General Business and is occupied by Family Dollar, providing an established retail use within the existing structure. The lease begins July 1st, 2024, and includes five 5 year terms. The landlord is responsible for exterior and structural components.

Located at 202 Front St in Coeburn, the property includes 31 parking spaces and is identified within Wise County. The reported 8% cap rate, established retail tenancy, and documented lease structure provide key considerations for evaluating the asset.

Key Highlights

  • Family Dollar tenancy with five 5 year terms beginning July 1st, 2024
  • 8% cap rate
  • 8,400 square feet on 1.73 acres

Property Analytics

Current Use

Family Dollar Discount Store Family Dollar Store Discount Store

Suggested Use

Top Pick Electrical Service Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 74% Groceries 23% Dining 3%
Price Less Foods Groceries
4,755 visits/mo 0.1 miles
Valero Energy Shops & Services
4,086 visits/mo 0.4 miles
Family Dollar Shops & Services
3,893 visits/mo 0.0 miles
Valero Energy Shops & Services
3,241 visits/mo 0.1 miles
Valero Energy Shops & Services
1,702 visits/mo 0.4 miles

Demographics for 24230, VA

7,708
Population
3,863
Households
2
Avg Household Size
45
Median Age
14%
College-Educated
78%
High-School Grad
124.1 sq mi
ZIP Area
62
Density / Sq Mi
$56,040
Median Household Income
$38,049
Median Earnings
$725
Median Rent
$104,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Family Dollar occupies the building under five 5 year terms beginning July 1st, 2024.
Where is this storefront property located?
The property is located at 202 FRONT ST Coeburn, VA.
What is the asking price?
The asking price for this property is $1,491,750.
What are key features of this property?
This property features: Family Dollar tenancy with five 5 year terms beginning July 1st, 2024; 8% cap rate; 8,400 square feet on 1.73 acres
More about this property
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