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501 Front Street

Coeburn, VA 24230
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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 inc ome 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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $485,000

AD Id : 63900761

MLS Id : 9957462

Year Built : 1908

County : Wise

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Concrete, Dirt Floor
  • Flooring Information

    Hardwood
  • Roofing Information

    Rolled/Hot Mop
  • Interior Features

    Roof: Rolled/Hot Mop Appliances: Other Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Other Cooling: None

  • Building Information

    Year Built: 1908 Construction Materials: Brick, Other Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 30 x 128

  • Listing Price Information

    Listing Price: $485000 Cash, FHA, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: 005096

  • Parking Information

    Other

  • School Information

    Elementary School: Coeburn
    Junior High School: Coeburn
    Senior High School: East Side
  • Location Information

    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. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11741 Albemarle Road, Coeburn, VA, 24230 $150,000 -- -- --
11730 Essex Road, Coeburn, VA, 24230 $65,000 -- -- --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/06/2026 @ 18:16

MLS: 9957462 LISTED BY: Eddie Serralles, Serralles Group, Inc. 813-307-0007 SOURCE: TennesseeVirginia Regional MLS

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