Corner Restaurant with Commercial
For Sale
$995,000
420 S Commercial Avenue, Coleman, TX 76834
CommercialSale, Coleman, TX
Property SizeContact for details
Lot Size0.17 Acres
Days on Market91
Property Features for 420 S Commercial Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial, City Limits
Parking features
On Street
Accessibility
Accessible Approach with Ramp
Subdivision
Original Town Coleman
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, BLOCK 17, LOT 8, 9, 10
Tax Annual Amount
2423
Legal Description
ORIGINAL TOWN COLEMAN, BLOCK 17, LOT 8, 9, 10
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Amenities
bar
Building Details
Year built
1980
Floors in Building
1
Number of units
2
Flooring type
Concrete
Building materials
Brick, Frame
Roof type
Flat
Listing Agency:
Liveoak Land & Real Estate
(325) 625-4181
Listed By:
Marsha Spinks · License #0633785
(325) 642-1999
Added: Jun 3
Changed: Aug 19
Last Checked: Sep 1 at 5:06PM
MLS# 21170879
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 restaurant property at 420 S Commercial Avenue includes a dining room, bar area, and commercial kitchen configured for food-service operations. Kitchen improvements include smokers, preparation stations, and high-capacity refrigeration. Interior finishes include concrete flooring, wood accents, custom lighting, and restaurant-focused furnishings. The building was constructed in 1980 and has brick and frame construction, a flat roof, central air, and electric heating.
The property occupies 0.172 acres in downtown Coleman and is positioned on a prominent corner. On-street parking is available, and the entrance includes an accessible approach with ramp. Public water and public sewer serve the property. The existing layout supports continued restaurant use, including dining and beverage service.
The property occupies 0.172 acres in downtown Coleman and is positioned on a prominent corner. On-street parking is available, and the entrance includes an accessible approach with ramp. Public water and public sewer serve the property. The existing layout supports continued restaurant use, including dining and beverage service.
Key Highlights
- Restaurant building on 0.172 acres at 420 S Commercial Avenue
- Commercial kitchen with smokers, prep stations, and high‑capacity refrigeration
- Dining room and bar area included
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Dining room, bar area, and equipped kitchen support restaurant operations in a prominent corner building.
Where is this conventional restaurant located?
The property is located at 420 S Commercial Avenue Coleman, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Restaurant building on 0.172 acres at 420 S Commercial Avenue; Commercial kitchen with smokers, prep stations, and high‑capacity refrigeration; Dining room and bar area included
