For Sale
$950,000

4 Clark RdMorgantown, WV 26508

7,840 SF, 100% Occupied, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property in Morgantown, West Virginia, presents a compelling investment opportunity. The 7,840-square-foot building, constructed in 1996, sits on a 0.28-acre lot and boasts a 100% occupancy rate, generating a strong return on investment. The property is comprised of a storefront currently occupied by Smoker Friendly, along with six residential apartments and office space, creating a diverse income stream. The building's strategic location offers convenient access to major thoroughfares, including proximity to Route 43 and Interstate 68, enhancing its appeal to both tenants and investors. Its location is also a short drive from Cheat Lake, Cheat Landing Development, downtown Morgantown, and local hospitals. The asking price is $950,000, translating to $121.17 per square foot. This two-story building offers a blend of retail, office, and multifamily uses, making it an ideal investment for those seeking a diversified portfolio. The property's strong occupancy and prime location in a growing area make it a highly attractive investment prospect. The one-bedroom apartments contribute to the consistent rental income. This is a rare opportunity to acquire a well-established, fully occupied mixed-use property in a desirable location.

Highlights

  • Prime Morgantown, WV location near Route 43 and I-68.
  • 7,840 SF mixed-use building on a 0.28-acre lot.
  • 100% occupancy with diverse income stream (retail, office, multifamily).

Property Details for 4 Clark Rd

Property type
Retail properties, Office properties
Square Feet
7,840 SF
Year Built
1996
Buildings
1
Stories
2

Location Insight

City
Morgantown
County
Monongalia
State
West Virginia
Latitude
39.6860189
Longitude
-79.8322567
4 Clark Rd, Morgantown, West Virginia

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4 Clark Rd
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