217 S Commercial Avenue, Coleman, TX 76834
217 S Commercial Avenue, Coleman, TX 76834
217 S Commercial Avenue, Coleman, TX 76834
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$240,000
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6,098 Sqft Lot
Active

217 S Commercial Avenue Coleman, TX 76834

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Patricia Ann Young

Patricia Ann Young

+1(972) 795-4260

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Original Town Coleman

MLS Listing ID 20830006

Total Fin. Sqft 10000

Annual Tax Amount $2,003

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Retail

Property Description

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.

Location

State TX

County Coleman

Zoning Commercial

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

Interior

Heating Central

Cooling Central Air

Flooring Concrete, Hardwood

Heat Source Central

Exterior

Utilities Available City Sewer, City Water, Electricity Connected, Individual Gas Meter, Phone Available

Roof Type Tar/Gravel

Garage No

Building

Lot Description Corner Lot

Foundation Slab

Structure Type Brick,Plaster,Rock/Stone,Wood

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20830006

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Stephanie Garner • Ranch Realty of Texas

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Patricia Ann Young

Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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217 S Commercial Avenue

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