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About This Home
This 3-bedroom, 4-bathroom residential multi family at 501 Front Street in Coeburn, VA is listed for $485,000. Built in 1908, on a N/A lot.
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 cafe 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!
Key Features
- Built in 1908
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$2,594/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
501 Front Street
Coeburn, VA 24230
Property Details
Flooring
Construction
Questions & Answers
This 3-bedroom, 4-bathroom residential multi family at 501 Front Street is listed at $485,000. The estimated monthly payment is $2,102 based on 20% down at 6.5% interest.
Key features include: Built in 1908, 3 stories.
This property is listed by Eddie Serralles and can be reached at 8136101563 or eddie@serrallesgroup.com.




