1401 Highway 84 BypassColeman, TX 76834Price: $199,900

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.