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Brick Apartment Building with Commercial Space
For Sale
$485,000

501 Front Street, Coeburn, VA 24230

MULTI_FAMILY - Other - Coeburn, VA

Property SizeContact for details
Days on Market1060

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 Bathroom 4, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 3, Basement, Bedroom 2, Bathroom 2
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

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: Aug 3 Last Checked: Aug 22 at 6:06AM
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.

Brick apartment building on public water and public sewer, built in 1908 and finished with hardwood flooring. The building is three stories and includes a ground-floor commercial space plus multiple apartments on the upper floors. Flooring throughout includes hardwood, and the roof is described as rolled hot mop.

The property is located at 501 Front Street in Coeburn, VA and is zoned Historical Dist. The ground floor is described as a spacious commercial area with one apartment on that level. The second floor includes four apartments. The third floor includes one apartment plus a partially built-out area featuring a stage and expansive windows with views of Front Street.

Built for a mixed-use layout, the configuration provides both commercial and residential space within the same building, with several apartment units distributed across the second and third floors.

Key Highlights

  • Three‑story brick apartment building built in 1908
  • Ground‑floor commercial area plus 1 apartment
  • Second floor with 4 apartments

Property Analytics

Current Use

Redbox Cinema Faimly Drug, Jesse ... Pharmacy

Suggested Use

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

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

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?
Apartment building - Three-story brick building with public water and sewer, hardwood flooring, and zoning as Historical Dist.
Where is this apartment building 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 apartment building built in 1908; Ground‑floor commercial area plus 1 apartment; Second floor with 4 apartments
More about this property
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