$1 Auction – Former BB&T Bank | 3 Drive-Thru Lanes

Highlights:

• Freestanding Former BB&T Bank on 0.58 Acre Site with 3 Drive-Thru Lanes
• Strategic Frontage and Visibility on Front St E with Traffic Counts of 3,392 VPD and 2nd St NE with 2,314 VPD
• Attractive Demographics with ±23,811 People and $53,214 Average Household Income within a 10-Mile Radius
• Located in Retail Corridor Directly Across from City Hall, USPS, Priceless IGA, Family Dollar, Subway, and Dense Residential
• Zoned C-1, Community Business District with a Variety of Commercial Uses

Description:

Ri Marketplace Online Auction December 8th - 10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2874/1-auction-former-bb-t-bank-3-drive-thru-lanes?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2874

Marcus & Millichap is pleased to present a vacant, free-standing, former BB&T Bank located at 335 Front Street SE in Coeburn, VA 24230 (the “Property”). The Property improvements consist of approximately 6,812 square feet of gross building area and features a large surface parking lot with approximately 25 spaces. The Property is currently vacant and was previously owner-occupied by Truist Bank (BB&T). The Property offers potential owner users/investors the ability to acquire a free-standing retail bank building with significant value add through lease up at long term market rates (CoStar estimated retail rents of $13-14/SF NNN). The Property is strategically positioned on a ±0.58-acre (±25,278 SF) hard corner parcel across from Coeburn City Hall and is improved with a retail/office building with three (3) drive-thru lanes. This former bank is easily accessible via three points of ingress/egress along Front Street E (±3,392 VPD), 2nd Street NE with traffic counts of 2,314 VPD, and Centre Avenue NE. The Property is Zoned C-1, Community Business District, which offers favorable flexible zoning allowing for a variety of commercial and retail uses via adaptive reuse or repositioning.

Coeburn is located in Wise County in southwest Virginia along U.S. Route 58 and nestled within the Appalachian foothills, offering regional access to the Interstate 81 corridor and the Tennessee‑Virginia border. The Property is located within an attractive trade area of ±23,811 residents with an average household income (AHHI) of ±$53,214 within a 5-mile radius, reinforcing the site’s lasting appeal for both investors and owner/users.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 2907003627
Co:2908000783
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: