Commercial Land for Sale in Coleman, Texas

217 S Commercial Ave Coleman, TX 76834

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$350,000
0.14 acres
Active
agoEst $3,014/mo

Prime Downtown Coleman Retail Property - Motivated Sellers

Located in the heart of downtown Coleman, this rare corner lot offers unbeatable visibility and access in one of the city's most sought-after areas. The 10,000 sq. ft. building is a two-story gem that combines modern retail potential with rich historical charm.

The ground floor is currently in use as retail space, but the building offers limitless opportunities for transformation. With multiple entrances and a flexible layout, the ground floor could easily be divided into several separate retail locations to maximize income potential.

The second floor retains the original remnants of the iconic Wylie Hotel, built in the early 1900s. With 18 original rooms, this space offers a unique opportunity for restoration or conversion into additional commercial or residential units (subject to zoning). Whether you're looking to preserve its historical elements or create something entirely new, the potential is extraordinary.

Key Features:

Prime downtown location with high foot traffic

10,000 sq. ft. total (2 stories)

Original 18-room Wylie Hotel on the second floor

Multiple entrances and flexible floorplan for retail conversions

One restroom downstairs, ample space for expansion

Motivated sellers--ready to negotiate!

Whether you're an investor, developer, or business owner, this property offers an exceptional opportunity to capitalize on one of downtown Coleman's most historic buildings. With its prime location, rich history, and endless potential, the possibilities are truly spectacular.

Directions

Jamison Mercantile is located on the corner of South Commercial and College Street.

Location

Street Address
217 S Commercial Ave
Community
Original Town Coleman
Elevation
1,703 feet
Coordinates
31.8294, -99.4229

Property details

MLS Number
NTREIS 20830006
Date Posted

Parcels

  • R15625

Legal description

Resources

This 0.14-acre property is located at 217 S Commercial Ave in Coleman, TX 76834 with latitude 31.8294 and longitude -99.4229. The property is currently available for sale for $350,000 with a price per acre of NaN. Listing data is sourced from North Texas Real Estate Information Systems # 20830006.

Verify sale details at the property source or contact Ranch Realty of Texas at (325) 636-4484.

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Copyright (C) 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Checked 21 mins ago. Updated . Parcel data by Regrid.

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