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Restaurant Property with Bar
New
For Sale
$795,000

420 Commercial, Coleman, TX 76834

CommercialSale, Coleman, TX

Property SizeContact for details
Lot Size0.17 Acres
Days on Market2

Property Features for 420 Commercial

General Information

Property type Commercial Sale
Property subtype Other
Zoning description City Limits
Parking features Alley, On Street
Accessibility Accessible Approach with Ramp
Subdivision Original Town Coleman
Lot features Corner Lot
Directions Situated on the NW corner of Walnut (Highway 153) and Commercial Avenue in downtown Coleman.
Standard status Active
APN R15671
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description Original Town Coleman, Blk 17, Lot 8,9,10
Legal Description Original Town Coleman, Blk 17, Lot 8,9,10

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1980
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Brick, Frame
Roof type Flat
Listing Agency: Liveoak Land & Real Estate
Listed By: Marsha Spinks
Added: Oct 21 Last Checked: Oct 22 at 10:06PM
MLS# 21417296

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.

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Investment Insights

Based on property information with market context.

This restaurant property at 420 Commercial in Coleman includes a dining room, bar, and commercial kitchen. Kitchen features include smokers, prep stations, and high-capacity refrigeration. The building was constructed in 1980 and occupies a 0.172-acre lot. Brick and frame construction, concrete flooring, and a flat roof complete the physical profile.

Central electric heating and cooling serve the building. Public water and sewer are available, and the entrance approach includes a ramp. Parking features include alley and on-street parking.

Key Highlights

  • Restaurant layout includes a dining room, bar, and commercial kitchen
  • Commercial kitchen has smokers, prep stations, and high‑capacity refrigeration
  • 0.172‑acre lot; building constructed in 1980

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office HVAC Service Pharmacy Kitchen & Bath Showroom Law Firm Plumbing Service

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

329
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Dining, bar, and kitchen areas are arranged within a downtown Coleman building.
Where is this conventional restaurant located?
The property is located at 420 Commercial Coleman, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Restaurant layout includes a dining room, bar, and commercial kitchen; Commercial kitchen has smokers, prep stations, and high‑capacity refrigeration; 0.172‑acre lot; building constructed in 1980
More about this property
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