How Does Saved Listings Work?

To save a listing to your list of favorites, click into the listing you're interested in and simply click the "Save Listing" button from the listing details page.

You have now saved your listing!

To view your saved listings, click on the top " Saved Listings" link at the top of the screen near the menu. Save as many as you want and catalog them with this easy-to-use feature!

This feature works by storing an HTTP cookie on your machine to store and retrieve your list of favorites. To clear all favorite listings, simply clear out your browser's cookies (under the browser's settings).

501 Front Street, Coeburn, VA 24230 - $275,000

« Back | Home

Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9957462
Living Area: 0 Lot Acreage: 0 Year Built: 1908
Elementary School: Coeburn Middle School: Coeburn High School: East Side
Property Description
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!
Listing Status
Active
  • More Listing Info
    AC:None11true
    Appliances:Other2true
    Basement:Concrete3true
    Basement:Dirt Floortrue
    Contract Info:ForeclosureNo
    Easements:Other7true
    Exterior Finish:Brick4true
    Flooring:Hardwoodtrue
    Garage:Carport Spaces0
    Garage:Garage Spaces0
    General Property Description:# Buildings1
    General Property Description:# of Units7.0
    General Property Description:Acres0.0
    General Property Description:Elementary School3Coeburn
    General Property Description:High School3East Side
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions30 x 128
    General Property Description:Middle School2Coeburn
    General Property Description:Stories23
    General Property Description:Total Units8
    General Property Description:Zoning2Historical Dist
    Heating:Other12true
    Levels:Three Or Moretrue
    Location Tax Legal Info:City Taxes153.0
    Location Tax Legal Info:County Taxes527.85
    Parking Features:Other13true
    Property Condition:Averagetrue
    Remarks Misc:Directions358 to 2nd St SW exit turn north go to Front St turn left stay left at fork property 2 blocks on the left.
    Remarks Misc:Public Remarks2Discover 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!
    Roof:RolledHot Moptrue
    Sewer:Public Sewertrue
    Structure Type:Housetrue
    Style:Historic2true
    TopographyLot Description:Other18true
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms31
    Unit 1:# Half Baths0.0
    Unit 1:# Rooms42
    Unit 1:# Units2
    Unit 1:Monthly Rent650
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms41
    Unit 2:# Half Baths20.0
    Unit 2:# Rooms32
    Unit 2:# Units22
    Unit 2:Monthly Rent2650
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms51
    Unit 3:# Rooms22
    Unit 3:# Units32
    Unit 3:Half Baths0.0
    Unit 3:Monthly Rent3650
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms60
    Unit 4:# Rooms4
    Unit 4:# Units41
    Unit 4:Half Baths21.0
    Unit 4:Monthly Rent41050
    Walls:Other24true
    Water:Publictrue
    Window Features:Double Pane Windowstrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Serralles Group, Inc.
Mortgage Calculator

Estimate your monthly payments!

Loan Amount
Interest Rate (%)
Loan Period (Years)

Share This Listing

Want to see this property?

Fill out the form below!