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Downtown Coleman Retail Opportunity
For Sale
$240,000

217 S Commercial Avenue, Coleman, TX 76834

Two-story, 10,000 sq. ft. building in downtown Coleman.

Property Size10,000 SF
Price / SF$24
Days on Market124

Property Features for 217 S Commercial Avenue

General Information

Standard status Active
Size 10,000 SF
Property subtype Commercial
Zoning Commercial

Building Details

Building Size 10,000 SF
Year Built 9999
Stories 2
Units 1
Listing Agency: Ranch Realty of Texas
Listed By: Stephanie Garner · License #0645490
Source: Signaturere
Added: Apr 22 Changed: Aug 8 Last Checked: Aug 22 at 2:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ranch Realty of Texas

Investment Insights

Based on property information with market context.

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 separate retail locations. The second floor retains remnants of the original 18-room Wylie Hotel, offering an opportunity for restoration or conversion into commercial or residential units, subject to zoning. The property has one restroom downstairs, with space for expansion. This property offers an opportunity to capitalize on one of downtown Coleman's historic buildings.

Key Highlights

  • Prime downtown Coleman location with high foot traffic and unbeatable visibility.
  • Large 10,000 sq. ft. building with flexible layout and multiple entrances.
  • Opportunity to convert ground floor into multiple retail spaces for increased income.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office HVAC Service Plumbing Service Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

340
Businesses Nearby
Under-served
Demand for This Use

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 Retail in South region

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

What type of property is this?
Storefront property - Two-story, 10,000 sq. ft. building in downtown Coleman.
Where is this storefront property located?
The property is located at 217 S Commercial Avenue Coleman, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Prime downtown Coleman location with high foot traffic and unbeatable visibility.; Large 10,000 sq. ft. building with flexible layout and multiple entrances.; Opportunity to convert ground floor into multiple retail spaces for increased income.
More about this property
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