420 S Commercial Avenue Coleman, TX $ 995,000
420 S Commercial Avenue
$ 995,000
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420 S Commercial Avenue

Coleman, TX, 76834
$ 995,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,126

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Commercial Property for sale in Coleman, TX

for $995,000. This building was built in 1980 on a lot size of 0.172.

Discover an exceptional opportunity to own a premier dining destination in the heart of downtown Coleman, Texas. Smokesmith BBQ blends upscale Texas charm with refined culinary appeal, offering a turnkey operation for investors or restaurateurs seeking a standout property in a thriving small town market. Situated on a prominent, high visibility corner, the building features a striking exterior presence and ample parking out front, welcoming both locals and travelers. Inside, guests are greeted by a warm, contemporary design that elevates the classic Texas smokehouse experience—rich wood accents, polished concrete floors, custom lighting, and thoughtfully curated décor that creates an inviting yet sophisticated atmosphere. The spacious dining room accommodates large parties and intimate gatherings alike, while the bar area provides an ideal setting for craft cocktails, local brews, and pre-dinner socializing. A fully equipped commercial kitchen—complete with state of the art smokers, prep stations, and high capacity refrigeration—supports high volume service and specialty BBQ production. There is potential to further develop an outdoor seating area into an open-air environment perfect for dining, as well as an intimate live music setting that could help generate additional income. With its prime location, upscale build out, and reputation-ready layout, this property is perfectly positioned to become Coleman’s next landmark dining establishment. Whether continuing the BBQ tradition or introducing a new culinary concept, the possibilities are as bold as Texas itself!

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Commercial Active

Price

$ 995,000

Property Type

Commercial

Taxes

$ 2,423

Style

Business

Lot Size

0.172

Year Built

1980

Town/City

Coleman

County/Region

Coleman

MLS | Web ID

21170879

Features
General
Heating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Alley Asphalt City Sewer City Water Co-op Electric Concrete Curbs Electricity Connected Phone Available Sewer Available Sidewalk
Ceiling Height 15 to 20 Feet
Possession Closing/Funding
Roof Flat
Year Built 1980
Business Type Restaurant
Business Name SmokeSmith
Property Subtype Business
Subdivision Name Original Town Coleman
Accessibility Features Accessible Approach with Ramp Accessible Entrance
County Coleman
Property Type Commercial Sale
Construction Materials Brick Frame
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions Situated on the NW corner of Walnut (Highway 153) and Commercial Avenue in downtown Coleman.
City Coleman
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Lot Size Source Assessor
Parking Features Asphalt On Street
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 4275.00
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Interior
Flooring Concrete
Total Stories 1
Total Units 2
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Internal Only
Street Number 1 420
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* Excluded Features
List By
Marsha Spinks

Listing Agent

Liveoak Land & Real Estate

Broker

Affordability Calculator

$6,328
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,126
Monthly Property Taxes
$202
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2026$995,000 Listed Price

Map


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420 S Commercial Avenue, Coleman, TX, 76834 is a Commercial Property for sale at $995,000 with a lot size of 0.172. 420 S Commercial Avenue was built in 1980. The property's zip code is 76834 which is in Coleman, TX