4 Clark RdMorgantown, WV 26508

Property Details for 4 Clark Rd

Year built

1996

Property size (Sq ft)

7,840 SF

Property type

Retail properties

Property subtype

Office properties

Description

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.

Location Insight

City

Morgantown

County

Monongalia

State

West Virginia

Latitude

39.686

Longitude

-79.8323

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