106 East Street

Coleman, TX 76834
$450,000

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!
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  • Property Details
      • Stories:1
      • Lot description:Interior Lot
      • Acres:0.3444
      • Property type:Purchase
      • Year built:9999
      • Foundation:Pillar/Post/Pier, Slab
      • Utility features:Asphalt, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Avail
      • Subdivision:Phillips 1 Add Town Coleman
      • County:Coleman
      • MLS #:20778406
      • Cost:450000
      • Property subtype:Business
      • MLS #:20778406

Location

Brenda MancilBrenda Mancil REALTOR®
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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