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Brick Triplex with Reconfigured Restaurant Space
For Sale
$199,900

1401 Highway 84 Bypass, Coleman, TX 76834

COMMERCIAL - Coleman, TX

Property Size4,218 SF
Lot Size0.87 Acres
Price / SF$47.39
Days on Market173

Property Features for 1401 Highway 84 Bypass

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial Light
Parking features Driveway, Parking Lot, Open
Subdivision A0016 M Benetes Sur 670
Lot features Cleared, Interior Lot
Directions BUILDING IS LOCATED ON THE NORTH END OF COLEMAN OFF OF HIGHWAY 84 BYPASS. IT IS NEXT TO THE COLEMAN INN.
Standard status Active
APN 10162
Lot size 0.87 Acres

Taxes and HOA fees

Tax Description A0016 M Benetes Sur 670, Acres 0.87
Tax Annual Amount 3420
Legal Description A0016 M Benetes Sur 670, Acres 0.87

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Ceiling Fan(s), Electric, Wall Unit(s), Multi Units
Water source Public

Building Details

Floors in Building 1
Number of units 3
Flooring type Laminate, Tile
Building materials Brick
Roof type Composition
Listing Agency: Sujo McKee Real Estate
Listed By: Sujo McKee · License #634884
Added: Feb 19 Changed: Aug 4 Last Checked: Aug 11 at 10:06PM
MLS# 21184093

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This brick triplex building on a slab foundation has been reconfigured into three separate apartment-style units. The property totals 4,218+/- SF and features laminate or tile flooring, high ceilings, and ceiling fans throughout. Cooling is provided by a combination of multi-split systems and window units, and the original central HVAC system remains but is not operational. Existing gas fixtures are in place for potential heating installation, and no laundry facilities are currently installed.

Unit layouts include kitchen, living, bedrooms, and full baths. The original commercial kitchen area remains in the southeast corner of the building, and former restaurant equipment has been removed. The property includes public water and public sewer, with a composition roof.

Located just off Highway 84 bypass on the north side of town, the site is adjacent to a motel and apartment complex, supporting visibility and access in a high-traffic corridor. Seller is unaware of current apartment compliance with city codes, and the buyer should perform due diligence to verify allowable uses.

Key Highlights

  • 4,218+/- SF brick triplex reconfigured into three apartment‑style units
  • 0.87‑acre site on a slab foundation with composition roof
  • Original commercial kitchen area remains in the southeast corner; former equipment removed

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office HVAC Service (Bike/Boat/Book/etc) Store Nail Salon Computer & Electronic Repair

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 76834, TX

4,991
Population
3,041
Households
1.6
Avg Household Size
51
Median Age
15%
College-Educated
87%
High-School Grad
440.2 sq mi
ZIP Area
11
Density / Sq Mi
$51,766
Median Household Income
$36,074
Median Earnings
$746
Median Rent
$87,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Brick triplex on a slab with three apartment-style units, public utilities, and existing gas fixtures for potential heating.
Where is this triplex located?
The property is located at 1401 Highway 84 Bypass Coleman, TX.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 4,218+/- SF brick triplex reconfigured into three apartment‑style units; 0.87‑acre site on a slab foundation with composition roof; Original commercial kitchen area remains in the southeast corner; former equipment removed
More about this property
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