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217 S Commercial Avenue

Coleman, TX 76834
  • $275,000
  • STATUS: Active
  • ON SITE: 163 Days
  • MLS #: 20830006
UPDATED: 13 min ago
$275,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Offered by Stephanie Garner of Ranch Realty of Texas: 325-642-9776.

Description

Prime Downtown Coleman Retail Property " Motivated SellersLocated in the heart of downtown Coleman, this rare corner lot offers unbeatable visibility and access in one of the citys most sought-after areas. The 10,000 sq. ft. building is a two-story gem that combines modern retail potential with rich historical charm.The ground floor is currently in use as retail space, but the building offers limitless opportunities for transformation. With multiple entrances and a flexible layout, the ground floor could easily be divided into several separate retail locations to maximize income potential.The second floor retains the original remnants of the iconic Wylie Hotel, built in the early 1900s. With 18 original rooms, this space offers a unique opportunity for restoration or conversion into additional commercial or residential units (subject to zoning). Whether you're looking to preserve its historical elements or create something entirely new, the potential is extraordinary.Key Features:Prime downtown location with high foot traffic10,000 sq. ft. total (2 stories)Original 18-room Wylie Hotel on the second floorMultiple entrances and flexible floorplan for retail conversionsOne restroom downstairs, ample space for expansionMotivated sellers"ready to negotiate!Whether you're an investor, developer, or business owner, this property offers an exceptional opportunity to capitalize on one of downtown Coleman's most historic buildings. With its prime location, rich history, and endless potential, the possibilities are truly spectacular.

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-07-12T17:45:57.763.
www.homesbylainie.com/homes/159853154
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217 S Commercial Avenue Coleman, TX 76834

  • Price: $275,000
  • Status: Active
  • On Site: 163 Days
  • Updated: 13 min ago
  • MLS #: 20830006
0
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Original Town Coleman
County:
Coleman
Area:
Coleman
Property Description
Prime Downtown Coleman Retail Property " Motivated SellersLocated in the heart of downtown Coleman, this rare corner lot offers unbeatable visibility and access in one of the citys most sought-after areas. The 10,000 sq. ft. building is a two-story gem that combines modern retail potential with rich historical charm.The ground floor is currently in use as retail space, but the building offers limitless opportunities for transformation. With multiple entrances and a flexible layout, the ground floor could easily be divided into several separate retail locations to maximize income potential.The second floor retains the original remnants of the iconic Wylie Hotel, built in the early 1900s. With 18 original rooms, this space offers a unique opportunity for restoration or conversion into additional commercial or residential units (subject to zoning). Whether you're looking to preserve its historical elements or create something entirely new, the potential is extraordinary.Key Features:Prime downtown location with high foot traffic10,000 sq. ft. total (2 stories)Original 18-room Wylie Hotel on the second floorMultiple entrances and flexible floorplan for retail conversionsOne restroom downstairs, ample space for expansionMotivated sellers"ready to negotiate!Whether you're an investor, developer, or business owner, this property offers an exceptional opportunity to capitalize on one of downtown Coleman's most historic buildings. With its prime location, rich history, and endless potential, the possibilities are truly spectacular.
Exterior Features

Construction BrickPlasterRock/StoneWood Construction Materials Walls Plaster Foundation Slab Lot Description Corner Lot Lot Size Source Public Records Parking Or Garage Alley AccessOn StreetPaved Road Frontage Type City StreetSidewalk Roof Tar/Gravel

Interior Features

Ceiling Height 8 to10 Feet Cooling Central Air Flooring ConcreteHardwood Handicap YN Yes Heating Central Sq Ft Gross 10000

Property Features

Building Area Source Public Records Building Area Total 10000.00 Building Use Retail Construction Status Preowned Exclusions Vendors and Owners personal property Gross Annual Expenses 0.00 Gross Annual Income 0.00 Multi Zoning No Municipal Utility District No Net Operation Income 0 Possession Closing/Funding Property Type Retail Tenant Pays All Utilities Transaction Includes Building OnlyLand & Improvements Unexempt Taxes 2003 Utilities City SewerCity WaterElectricity ConnectedIndividual Gas MeterPhone Available Will Subdivide No Zoning Commercial

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-07-12T17:45:57.763.
 
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Homes By Lainie Real Estate Group
682 E. FM 120, Ste 3
Pottsboro TX, 75076
Offered by Stephanie Garner of Ranch Realty of Texas: 325-642-9776.