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    217 S Commercial Ave Coleman, TX 76834

    For Sale
    $270,000

    Retail - Coleman, TX

    Type:Retail
    Lot size:
    0.14 Acres
    Days on Market:
    139
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 217 S Commercial Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    R15625
    Parking features
    On Street, Paved or Surfaced
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Flooring type
    Concrete, Hardwood
    Building materials
    Brick, Plaster, Stone
    Roof type
    Tar/Gravel
    Architectural style
    Other

    Ranch Realty of Texas (325) 636-4484

    Listing agent Stephanie Garner (325) 642-9776 License #0645490

    Listing date Jul 22, 2025

    MLS# 20830006 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Coleman Retail Opportunity

    Located in downtown Coleman, this corner lot property offers visibility and access. The 10,000 sq. ft. two-story building combines retail potential with historical charm. The ground floor is currently used as retail space and offers opportunities for transformation. With multiple entrances and a flexible layout, the ground floor could be divided into several separate retail locations. The second floor retains the original remnants of the Wylie Hotel, built in the early 1900s, and features 18 original rooms. This space offers an opportunity for restoration or conversion into additional commercial or residential units, subject to zoning. The property has one restroom downstairs and ample space for expansion. The lot size is 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coleman
    County
    Coleman
    State
    Texas
    Longitude
    -99.422784
    Latitude
    31.829375

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    FAQs

    What type of property is this?
    Retail space - Two-story retail property in downtown Coleman with historical charm.
    Where is this retail space located?
    The property is located at 217 S Commercial Ave Coleman, TX.
    What is the asking price?
    The asking price for this property is $270,000.
    What are key features of this property?
    This property features: - Prime downtown Coleman location with high foot traffic and unbeatable visibility.; - 10,000 sq. ft. two-story building with flexible floorplan for retail conversions.; - Original 18-room Wylie Hotel on the second floor offers unique restoration/conversion potential.
    (325) 642-9776
    Request Owner's contact information
    217 S Commercial Ave Coleman, TX 76834
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    Coleman, TX 76834
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    217 S Commercial Ave Coleman, TX 76834
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