106 East St, Coleman, TX 76834

$350,000

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List Price
$350,000
MLS#
21337062
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Construction Status
Preowned
Acres
0.34
County
Coleman
City
Coleman
Subdivision
Phillips 1 Add Town Coleman

Property Description

Incredible downtown business opportunity in the thriving and bustling small community of Coleman located in the Heart of Texas! Centrally located within 3 hours from the DFW Metroplex, Midland Odessa, Lubbock, San Antonio and Austin, this building offers a blank canvas with unlimited opportunities in the Downtown District of Coleman! The entire building is 14000 sq ft and lot dimensions are 150x100. However, 6500 sq ft of the north end of the building needs to be torn down, so only 7500 sq ft of this property is available for purchase or lease. The 7500 sq ft can be bought as one building or subdivided into two parcels as a 2500 sq ft building (slab foundation) and a 5000 sq ft building (pier and beam). Gorgeous combination of original rock, stone and brick makeup the interior of this building! Ceilings almost 20ft tall add fantastic height for a variety of uses! Beautiful wood ceilings! Entire building has been gutted and is ready for your vision! Seller is willing to explore options of owner financing at 20% down, 12% interest as well as lease the building and build to suit. Currently, there is no heating, cooling or plumbing systems in the building. Utilities are with City of Coleman and natural gas is available on-site as well with Atmos Energy. The possibilities for this building are limitless! Take a tour today and see for yourself!

Additional Information

Unexempt Taxes
$3,242
Tenant Pays
None
Lot Size
15,002
Acres
0.34
Lot Description
Irregular Lot
Flooring
Concrete, Wood
Foundation
Pillar/Post/Pier, Slab
Roof
Flat, Other
Building Stories
1
Parking Garage
On Street
Possession
CloseOfEscrow
Proposed Use
Food Service, Medical/Dental, Office, Restaurant, Retail, Warehouse
Inclusions
Building Only
Community Features
Curbs, Sidewalks

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Calculator source: Real Geeks

Listing courtesy of Sujo McKee from Sujo McKee Real Estate. Contact: 325-625-5600