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205 Bakers Ridge RdMorgantown, WV 26508

Morgantown, WV development opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.63-acre commercial land parcel, totaling 71,003 square feet, presents a prime development opportunity in Morgantown, West Virginia's thriving Bakers Ridge. Located at 205 Bakers Ridge Road, this property boasts a flexible C-2 zoning designation (General Commercial District), allowing for diverse commercial uses including retail, office, lab, or R&D facilities. Its strategic location within the Bakers Ridge subdivision, part of WVU's medicine campus, offers outstanding visibility and accessibility. The site benefits from its proximity to West Virginia University's campus, downtown Morgantown, JW Ruby Memorial Hospital, University High School, and major retail centers. All utilities are available on-site. The surrounding area features a robust and educated workforce, a high concentration of businesses (5,777 within a 5-mile radius), and significant consumer spending ($910,225,338 within a 5-mile radius). This presents an unparalleled chance to establish a thriving business in a high-growth, investor-friendly market with a strong daytime employment base (53,524 within a 5-mile radius) and a median income of $53,278 within a 5-mile radius. The property's location offers excellent signage opportunities and is situated in a start-up hub. This is an ideal location for a custom development project to meet specific business needs. The property is in Monongalia County, WV, zip code 26508.

Highlights

  • Flexible Zoning allows for diverse commercial uses.
  • 1.63-acre lot in Bakers Ridge, Morgantown's premier commercial subdivision, adjacent to WVU Medicine.
  • Excellent signage opportunities available.
  • Strong market with a highly educated workforce, stable population growth, and high growth potential.
  • High visibility from major roadways.
  • Convenient access to I-68, I-79, and the PA Turnpike 43.

Property Details for 205 Bakers Ridge Rd

Property type
Land
RSF (Rentable sq. ft)
71,003 SF

Unit(s) available at that property

Space
Available Space
Size
71,003 SF

Location Insight

City
Morgantown
County
Monongalia
State
West Virginia
Latitude
39.6860885
Longitude
-79.9235607
205 Bakers Ridge Rd, Morgantown, West Virginia

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205 Bakers Ridge Rd
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