203 Elizabeth WayFayetteville, WV 25840

Property Details for 203 Elizabeth Way

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 2.5-acre property in Fayetteville, West Virginia, presents a unique investment opportunity. Located on heavily trafficked Highway Route 19, boasting 30,000 vehicles daily, this land offers unparalleled visibility and accessibility. One acre is immediately developable, featuring a grade-level, flat terrain, ready for construction. All utilities are readily available, simplifying the development process. The property's commercial zoning allows for a wide range of uses, making it ideal for businesses seeking high-traffic exposure. Its strategic location is further enhanced by its proximity to significant landmarks and amenities. Just two miles from the iconic New River Gorge Bridge, West Virginia's most famous landmark, and a half-mile from a bustling Walmart/Lowe's plaza, this location benefits from established commercial activity and high tourist traffic. The area is experiencing significant growth, with over $50 million in recently completed and upcoming developments within a two-mile radius. Furthermore, a proposed $30 million tourist resort development is planned for the area, promising future growth and increased property value. Fayetteville itself is home to the recently designated (2021) New River Gorge National Park and Preserve, attracting nearly 2 million visitors annually, creating a robust and expanding market for commercial ventures. This property is offered for sale and presents a compelling opportunity for immediate development or build-to-suit projects. The asking price is $399,999.

Location Insight

City

Fayetteville

County

Fayette

State

West Virginia

Latitude

38.0378

Longitude

-81.1209

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