501 Front Street Coeburn, VA $ 485,000
501 Front Street
$ 485,000
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501 Front Street

Coeburn, VA, 24230
$ 485,000
Baths0.0

Monthly Estimate*

$ 3,026

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Studio

Single Family Home for sale in Coeburn, VA

for $485,000. This home was built in 1908.

Discover Coeburn's architectural gem—the town's largest 3-story building, a rare find brimming with potential! This unique property offers a blend of commercial and residential spaces, perfectly positioned to be a key player in the revitalization of Coeburn's historic downtown. Ground Floor: The spacious commercial area is ideal for a variety of businesses, from a cozy café or trendy eatery to a vibrant service-oriented enterprise. The foot traffic and visibility here are unmatched, making it a prime spot for your business vision to come to life. This level also has 1 well-laid-out apartment. Second Floor: This level boasts 4 well-laid-out apartments, ready to generate steady rental income. With the demand for housing in the area, these units offer a great opportunity for passive income or could be upgraded to attract premium tenants. Third Floor: This level has 1 well-laid-out apartment & a partially built out area, this floor features a stage and expansive windows with views of Front Street. This space is perfect for a community gathering spot, an event venue, or even a unique loft-style apartment, offering endless possibilities for creative use. The current owner is open to seller financing with specific terms, making this an even more attractive investment opportunity. Whether you're an entrepreneur looking to establish a business, a savvy investor seeking rental income, or someone with a vision for both, this property is your canvas. Don't miss out on owning a piece of Coeburn's history. This building is not just a property; it's a cornerstone of the town's past with the potential to shape its future. Seize this rare opportunity and make your mark on Coeburn's downtown revival!

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Single Family Active

Price

$ 485,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 680

Style

Historic

Year Built

1908

Town/City

Coeburn

County/Region

Wise

MLS | Web ID

9957462

Features
General
Sewer Public Sewer
Heating Other
Cooling None
Roof Rolled/Hot Mop
Appliances Other
Zoning Historical Dist
Garage Spaces 0.0
Architectural Style Historic
Construction Materials Brick Other
Year Built 1908
Topography Other
Property Subtype Multi Family
County Wise
New Construction N
Property Type Multi Family
HOA N
Attached Garage N
Garage Y/N N
Status Active
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.
High School East Side
City Coeburn
MLS Area 506 - Wise County
Lot Size Square Feet 0.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Coeburn
Land Lease Y/N N
Home Warranty Y/N N
Current Financing None
Middle/Junior High School Coeburn
Property Condition Average
Lease Renewal Y/N N
MLS Area Minor 506 - Wise County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
FHA True
Financing True
VHDA True
Cash True
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Interior
Basement Concrete Dirt Floor
Flooring Hardwood
Air Conditioning Y/N N
Heating Y/N Y
Window Features Double Pane Windows
Total Baths 0
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Exterior
Parking Features Other
Water Source Public
Lot Size Area 0.0
Number of Buildings 1
Spa N
Building Area Total 0.0
Lot Dimensions 30 x 128
Lot Size Acres 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Eddie Serralles

Listing Agent

Serralles Group, Inc.

Broker

eddie@serrallesgroup.com

Email

Affordability Calculator

$3,082
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,026
Monthly Property Taxes
$57
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
857094 Elementary School
857367 Middle School
East Side High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2025$275,000 Listed Price

Map


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501 Front Street, Coeburn, VA, 24230 is a Single Family Home for sale at $485,000. 501 Front Street is a studio with 0.0 baths and was built in 1908. The property's zip code is 24230 which is in Coeburn, VA