1401 HIGHWAY 84 BYPASS, COLEMAN, TX 76834
Homes for sale in Coleman.
Homes for sale in 76834.
1401 Highway 84 Bypass
Coleman, TX 76834
List Price$199,900
Listing #21184093
About This Property
Prime Commercial Opportunity in Coleman, TX! Positioned just off Highway 84 on the north side of town, this 4,218± sq ft brick building offers outstanding visibility and access in a high-traffic corridor. Formerly operated as a restaurant, the property has been reconfigured into three separate apartment-style units, creating flexible possibilities for investors or business owners seeking a live-work or income-producing setup. Unit A features a kitchen, living area, one bedroom, and full bath. Unit B includes three bedrooms, one bath, kitchen, dining area, and a spacious living room. Unit C offers an open-concept layout with large combined kitchen-living-dining space, three bedrooms, and one bath. Interior finishes include laminate or tile flooring, high ceilings, ceiling fans, and existing gas fixtures for potential heating installation. Cooling is provided by a combination of multi-split and window units. An older central HVAC system remains but is not operational. No laundry facilities are currently installed. The original commercial kitchen area remains in the southeast corner; all former restaurant equipment has been removed, allowing for redevelopment or customization. Constructed with a brick exterior on a slab foundation and composition roof. Located adjacent to a motel and apartment complex, this site benefits from steady traffic circling the Highway 84 bypass--an excellent candidate for a new restaurant, service business, office conversion, or redevelopment project. Seller is unaware of current apartment compliance with city codes; buyer to perform all due diligence and verify allowable uses. With strong local demand for housing and business services, this unique property presents multiple potential paths for utilization.
Property Features
Location Information
County
Coleman
Subdivision
A0016 M Benetes Sur 670
Interior Features
Has Fireplace
No
Floors
Laminate, Tile
Heating
Electric, Other
Tenant Pays
Other
Cooling
Ceiling Fan(s), Electric, Multi Units, Wall Unit(s)
Total Number of Units
3
Exterior Features
Construction
Brick
Lot Size in Acres
0.87
Foundation
Slab
Lot Size in Sq. Ft.
37,897
Roof
Composition
Possible Best Use
Other
Water / Sewer
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Zoning
Commercial Light
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
4,218
Security System
Smoke Detector(s)
Road Description
Highway, Asphalt
Parking Description
Asphalt, Circular Driveway, Open, Parking Lot
Is One Story
No
Lot Description
Cleared, Interior Lot
Lot Description
Cleared, Interior Lot
Additional Information
Year Built Details
Preowned
Tax Annual Amount
3420.0
Property Type
COM
Exclusions
NONE
Property SubType
Business
Lot Acres Source
Assessor
Status
Active
Similar Listings
Mortgage Calculator
$932
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$720
Monthly Tax
$166
Monthly Insurance
$46
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder
