810 16Th StParkersburg, WV 26101

Property Details for 810 16Th St

Lot size

0.10 AC

Property type

Retail properties

Property subtype

Auto shops

APN

54-05- 70-0181.0000

APU

54057001810000

Description

This versatile 4,320-square-foot mixed-use building, located at 810 16th Street in Parkersburg, West Virginia, presents a unique investment opportunity. Previously operating as Frank's Body Shop, the property boasts a substantial footprint of 54 feet by 80 feet, offering ample space for a variety of commercial uses. The building features two 12-foot-wide overhead doors, ideal for loading and unloading, along with a convenient office area, two half-bathrooms, and a dedicated paint booth. Three walk-out man doors provide additional access and egress points. The property also includes a sizable 0.31-acre lot situated behind the main building, adding significant value and potential for expansion or outdoor storage. The building is being sold in its "as is" condition, allowing for creative redevelopment and customization to suit the buyer's specific needs and vision. This prime Parkersburg location offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. The property's size, features, and location combine to create a compelling opportunity for a wide range of commercial ventures. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,125,880

  6.5%

  $1,039,274

  7%

  $965,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,037,172

  Geo Method

  $1,037,172

• Alternative Use

  Use

  Valuation

  Residential

  $876,666

  Hospitality

  $803,022

  Educational

  $668,105

  Medical

  $691,082

  Retail

  $1,039,274

Location Insight

City

Parkersburg

County

Wood

State

West Virginia

Latitude

39.2724

Longitude

-81.5453

CBSA code

37620

CBSA name

PARKERSBURG-MARIETTA-VIENNA, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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