753 Main StWheeling, WV 26003

Property Details for 753 Main St

Year built

1850

Lot size

0.24 AC

Property size (Sq ft)

5,841 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

35-10-W43B-0015.0000

APU

3510W43B00150000

Description

This exceptional restaurant opportunity is located at 753 Main St, Wheeling, WV 26003. The property, a Class B building constructed in 1850 and extensively renovated in 2022, offers a single-tenant space totaling 2,500 square feet on a 0.23-acre lot. The layout includes a well-equipped main kitchen (450 sq ft) featuring a 15-foot exhaust hood with an Ansul suppression system. Three distinct dining areas provide ample seating for patrons, totaling 1,000 square feet. Additional features include two bathrooms, a private office, and a sizable 500-square-foot bar area. A significant advantage is the expansive 500-square-foot outdoor deck offering stunning views. The property boasts 20 parking spaces and is zoned for commercial use. Power is supplied by a 240-volt system. The building is two stories, and there are no elevators. This is a rare opportunity to acquire a fully renovated, historically significant restaurant space in a vibrant location. The property is conveniently located on Main Street, offering excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $1,110,825

  6.5%

  $1,025,377

  7%

  $952,135

• Comparable approach

  Method

  Valuation

  Relative Method

  $546,367

  Geo Method

  $546,367

• Alternative Use

  Use

  Valuation

  Residential

  $1,271,467

  Hospitality

  $1,164,657

  Educational

  $968,981

  Medical

  $1,002,306

  Retail

  $1,507,304

Location Insight

City

Wheeling

County

Ohio

State

West Virginia

Latitude

40.0739

Longitude

-80.7252

CBSA code

48540

CBSA name

WHEELING, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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