803 Main StOak Hill, WV 25901

Property Details for 803 Main St

Lot size

1.50 AC

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

10-09- 26-0142.0000

APU

10092601420000

Description

This exceptional retail opportunity presents four available spaces in a prime Oak Hill, WV location, ideally situated near the renowned New River Gorge National Park and Ace Adventure Resort. The property, located at 803-833 Main St E, Oak Hill, WV 25901, offers a range of sizes to suit diverse business needs, with spaces ranging from a compact 860 square feet to a more expansive 4,200 square feet. The multiple tenancy setup allows for flexibility and potential for synergistic businesses. This location benefits from high visibility and foot traffic, owing to its proximity to the downtown area of Oak Hill, a vibrant hub for local events. The area's strong tourism draw, fueled by the nearby national park and adventure resort, presents a unique opportunity to tap into a significant customer base. This property is perfect for businesses seeking exposure to both local residents and the influx of tourists drawn to the region's outdoor recreational opportunities. The flexible space options allow for customization to meet individual business requirements, making it an attractive proposition for a variety of retail ventures. Consider this location for your next business venture and take advantage of this exceptional opportunity in a thriving community. The property is categorized as a storefront retail space with multiple units available.

• CAP approach

  CAP return

  Valuation

  6%

  $10,537,791

  6.5%

  $9,727,191

  7%

  $9,032,392

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,900,374

  Geo Method

  $15,401,997

• Alternative Use

  Use

  Valuation

  Residential

  $8,205,250

  Hospitality

  $7,515,965

  Educational

  $6,253,194

  Medical

  $6,468,252

  Retail

  $9,727,191

Location Insight

City

Oak Hill

County

Fayette

State

West Virginia

Latitude

37.9803

Longitude

-81.1395

CBSA code

13220

CBSA name

BECKLEY, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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