4
See all 4 photos
$1,899,000
Est. payment /mo
1.5 Acres Lot
New
701 Division ST Parkersburg, WV 26101
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5154858
HOA Y/N No
Year Built 1979
Annual Tax Amount $23,492
Tax Year 2024
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type Mixed Use
Property Description
Wonderful, local commercial real estate investment opportunity comprised of roughly 30,115 SF of commercial and multifamily space on 1.50 acres (an entire block). This property has been very well maintained by local, hands-on ownership and management since its construction. Some highlights include a 95% occupancy rate, strong leasing history and tenant retention, new roofs on the two multi-tenant buildings, and below market rents (creating NOI upside for the right buyer). See attachments for a site plan, a market aerial, and written descriptions of the individual buildings/properties in this portfolio. Call me to discuss the financial analysis in more detail.
Location
State WV
County Wood
Interior
Heating Electric, Gas
Fireplace No
Schools
School District Wood-Parkersburg South Hs
Others
Tax ID 05-09-00000015
Special Listing Condition Standard
Listed by Jared Decker • PMC Realty Services • 304-485-8000, jared@pmc-realtyservices.com
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