For Sale
$189,000

1107 Johnstown RdBeckley, WV 25801

Freestanding Retail Building, 4,200 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 4,200 square foot, two-story freestanding retail building located at 1107 Johnstown Rd, Beckley, WV 25801. Built in 1960, this Class B property sits on a 0.17-acre lot and offers ample parking with 10 spaces. Currently, the building boasts 55% occupancy across multiple tenants. The asking price is $189,000, translating to $45 per square foot. The property features 102 feet of frontage on Johnstown Road, providing excellent visibility and accessibility. With its strategic location in Beckley, West Virginia, and designation as an Opportunity Zone, this property presents a compelling investment prospect for discerning buyers. The building's 4,200 square feet provides significant potential for future growth and development. The property's strong location and existing tenancy make it an attractive option for investors seeking a stable and potentially appreciating asset. The 0.57 FAR offers potential for expansion or redevelopment. This is a rare opportunity to acquire a well-located retail property in a growing market.

Highlights

  • Investment opportunity.
  • Retail property, freestanding.
  • 4,200 square feet, Class B building.
  • Built in 1960, $189,000 asking price ($45/SF).
  • 55% occupancy, multiple tenants.
  • Two-story building, 0.17-acre lot.

Property Details for 1107 Johnstown Rd

Property type
Retail properties, Freestanding property
Square Feet
4,200 SF
Class
B
Year Built
1960
Stories
2
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Beckley
County
Raleigh
State
West Virginia
Latitude
37.781349
Longitude
-81.169281
1107 Johnstown Rd, Beckley, West Virginia

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1107 Johnstown Rd
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