Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Coeburn Commercial Unit For Sale Title is generated by Realmo AI

    340 E Front Street, Coeburn, VA 24230

    View on Map
    Claim this Listing
    For Sale
    $35,500

    COMMERCIAL - Coeburn, VA

    Property size:
    675 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $52/SF
    Added:
    Mar 17, 2025
    Days on Market:
    424
    Last Refresh:
    May 14 at 10:06 pm

    Property Features for 340 E Front Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMMERCIAL
    Standard status
    Active
    APN
    005798
    Size
    675 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    212

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1990
    Building materials
    Block, Brick
    Roof type
    Shingle, Composition

    We can help!

    Listing Contact
    Brenda Hill

    Listing agent Brenda Hill License #0225080332, 310750

    Listing office Appalachian Realty Executives, LLC 440 Orby Cantrell Highway, VA

    Listing date Mar 17, 2025

    MLS# 9977393

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Corner commercial unit with high visibility.
    • Ample parking with front and large side lots.
    • Fenced lot in back with rear access.
    • 675 sq.ft. space with 4 rooms and half bath.
    • Brick facade and durable block construction.
    • Heat pump for heating and cooling.

    Overview

    This 675 square foot commercial unit is located in the Coeburn Business Building off Front Street in Coeburn, Virginia. The property features a brick facade and includes four rooms and a half bath. It benefits from a paved parking lot in the front, as well as a large side lot. A fenced lot is situated in the back, providing access to a gravel rear access road. The unit is equipped with a heat pump and water heater, and it is connected to public water and sewer services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lush Salon Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Coeburn
    County
    Wise
    State
    Virginia
    Longitude
    -82.465553
    Latitude
    36.943303

    Nearby Similar for Sale

    • $1,000,000
      10,000 SF

      Coeburn Multifamily Investment Opportunity

      Four properties with immediate income and significant upside potential.
      207 NE Diagonal Avenue, Coeburn, VA 24230
      View Details
    • $275,000
      3,600 SF

      Turnkey Commercial Space in Coeburn

      Versatile 3,600 sqft commercial space suitable for various businesses.
      118 NE Grand Avenue, Coeburn, VA 24230
      View Details
    • $199,000
      960 SF

      Turnkey Restaurant in Prime Location

      Profitable, fully equipped restaurant in high-traffic area, ready for new owner.
      314 E Front Street, Coeburn, VA 24230
      View Details
    • $150,000

      Coeburn, VA Mobile Home Park

      Established mobile home park with income potential in Coeburn, VA.
      11741 Albemarle Road, Coeburn, VA 24230
      View Details
    • $65,000

      Income-Producing Mobile Home Park

      Established trailer park with income potential and opportunity for growth.
      11730 Essex Road, Coeburn, VA 24230
      View Details
    • $40,500
      675 SF

      Coeburn Business Building Commercial Unit

      675 sq ft commercial unit in Coeburn, Virginia.
      340 Front Street, Coeburn, VA 24230
      View Details
    • $1,491,750
      8,400 SF

      Family Dollar Leased Investment Property

      NNN leased investment property with long-term tenant.
      202 FRONT ST, COEBURN, VA 24230
      View Details
    • $199,000

      Turnkey Restaurant in Prime Location

      Profitable, fully equipped restaurant with loyal customer base and exterior seating.
      314 E Front Street, Coeburn, VA, 24230
      View Details
    • $485,000

      Coeburn Historic Mixed-Use Gem

      Three-story building with commercial and residential spaces in historic downtown.
      501 Front Street, Coeburn, VA 24230
      View Details
    • $1,491,750
      8,400 SF

      Family Dollar Leased Investment Property

      Leased to Family Dollar, offering an 8% cap rate.
      202 Front St, Coeburn, VA 24230
      View Details
    • $485,000
      7,722 SF

      Mixed-Use Building with Apartments

      Mixed-use building featuring apartments and commercial space for sale.
      501 High Ave NE, Coeburn, VA 24230
      View Details
    • $3,500

      Historic Building with Unique Signage

      Unique historic building with original signage in Coeburn, Virginia.
      417 Front, Coeburn, VA, 24230
      View Details

    FAQs

    What type of property is this?
    Retail space - 675 SF commercial unit in Coeburn Business Building.
    Where is this retail space located?
    The property is located at 340 E Front Street Coeburn, VA.
    What is the asking price?
    The asking price for this property is $35,500.
    What are key features of this property?
    This property features: Corner commercial unit with **high visibility**.; Ample parking with front and large side lots.; Fenced lot in back with rear access.
    (276) 393-1942
    We can help!
    Listing Contact
    Brenda Hill
    Real Estate License ID: 0225080332, 310750
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    340 E Front Street, Coeburn, VA 24230
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!