1446 Cove RdWeirton, WV 26062

Property Details for 1446 Cove Rd

Lot size

0.80 AC

Property type

Investment properties

Property subtype

Live-work space

APN

15-06-W43M-0041.0000

APU

1506W43M00410000

Description

This exceptional 2,400 square foot mixed-use property, situated on a 1.8-acre lot at 1446 Cove Road in Weirton, WV, presents a unique investment opportunity. Currently operating as a thriving German Biergarten, this turnkey business boasts an updated bar, kitchen, and restrooms, ensuring a smooth transition for a new owner. The spacious layout includes a welcoming patio and a back porch accessible via wooden steps, providing ample outdoor seating and entertainment space. The establishment has a well-established reputation, attracting regular clientele and featuring weekly musical performances, a key element of its ongoing success. A potential owner's suite with a private bathroom is also included, offering convenient living quarters. Financial pre-qualification or proof of funds is required prior to scheduling a viewing. Showings are limited to before 1 PM or on Sundays due to the ongoing business operations. This property offers a rare blend of commercial and residential potential, making it an ideal acquisition for an entrepreneur seeking a profitable, established business with immediate income generation and convenient living arrangements. The property's size and location provide significant expansion possibilities for a discerning buyer. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $6,627,292

  6.5%

  $6,117,501

  7%

  $5,680,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,259,682

  Geo Method

  $3,259,682

• Alternative Use

  Use

  Valuation

  Residential

  $7,585,701

  Hospitality

  $6,948,462

  Educational

  $5,781,038

  Medical

  $5,979,857

  Retail

  $8,992,726

Location Insight

City

Weirton

County

Hancock

State

West Virginia

Latitude

40.4063

Longitude

-80.5436

CBSA code

48260

CBSA name

WEIRTON-STEUBENVILLE, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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