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Three-Story Mixed-Use Building
For Sale
$485,000

501 Front Street, Coeburn, VA 24230

Multi Family, Coeburn, VA

Property SizeContact for details
Days on Market1095

Property Features for 501 Front Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Historical Dist
Bedrooms 3
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 1, Basement, Bathroom 3
Window features Double Pane Windows
Basement Dirt Floor, Concrete
Elementary school Coeburn
Middle school Coeburn
High school East Side
Directions 58 to 2nd St SW exit turn north go to Front St turn left stay left at fork property 2 blocks on the left.
Subdivision 506 - Wise County
Standard status Active
APN 005096

Taxes and HOA fees

Tax Annual Amount 528

Utilities

Sewer type Public Sewer
Water source Public

Amenities

stage

Building Details

Year built 1908
Floors in Building 3
Number of units 8
Flooring type Hardwood
Building materials Brick
Roof type Rolled Hot Mop
Architectural style Other
Listing Agency: Serralles Group, Inc.
Listed By: Eddie Serralles · License #0225254417
Added: Sep 28, 2023 Changed: Sep 15 Last Checked: Sep 26 at 8:06AM
MLS# 9957462

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.

Investment Insights

Based on property information with market context.

Built in 1908, this three-story brick property at 501 Front Street combines commercial and residential components within a historic downtown setting. The ground floor includes commercial space and one apartment. Four additional apartments are located on the second floor, while the third floor contains another apartment and a partially built-out area with a stage and expansive windows facing Front Street.

The property is served by public water and public sewer, with hardwood flooring and a rolled hot mop roof. Its configuration includes six apartments alongside the ground-floor commercial area, providing a clearly defined mixed-use layout in Coeburn, Virginia. The site is zoned Historical Dist.

Key Highlights

  • Three‑story brick building constructed in 1908
  • Six apartments distributed across the ground, second, and third floors
  • Ground‑floor commercial space paired with one apartment

Property Analytics

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Current Use

Redbox Cinema Faimly Drug, Jesse ... Pharmacy

Suggested Use

Top Pick Real Estate Agency Electrical Service Building Supply Dental Office Hair Salon (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.

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

Demographics for 24230, VA

7,708
Population
3,863
Households
2
Avg Household Size
45
Median Age
14%
College-Educated
78%
High-School Grad
124.1 sq mi
ZIP Area
62
Density / Sq Mi
$56,040
Median Household Income
$38,049
Median Earnings
$725
Median Rent
$104,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - Historic District asset combining street-level commercial space with six apartments and a partially finished upper-level area.
Where is this mixed-use property located?
The property is located at 501 Front Street Coeburn, VA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Three‑story brick building constructed in 1908; Six apartments distributed across the ground, second, and third floors; Ground‑floor commercial space paired with one apartment
More about this property
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