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Coeburn,VA 24230
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9957462
Style Historic
HOA Y/N No
Originating Board Tennessee/Virginia Regional MLS
Year Built 1908
Lot Dimensions 30 x 128
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!
Location
State VA
County Wise
Zoning Historical Dist
Direction 58 to 2nd St SW exit turn north go to Front St turn left stay left at fork property 2 blocks on the left.
Rooms
Basement Concrete,Dirt Floor
Interior
Heating Other
Cooling None
Flooring Hardwood
Window Features Double Pane Windows
Appliance Other
Heat Source Other
Exterior
Garage Other
Roof Type Rolled/Hot Mop
Building
Lot Description Other
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Historic
Structure Type Brick,Other
New Construction No
Schools
Elementary Schools Coeburn
Middle Schools Coeburn
High Schools East Side
Others
Senior Community No
Tax ID 005096
Acceptable Financing Cash,FHA,Indiv/Seller Financing,USDA Loan,VA Loan,VHDA
Listing Terms Cash,FHA,Indiv/Seller Financing,USDA Loan,VA Loan,VHDA