1601 7Th StParkersburg, WV 26101

  • Commercial land
  • 0.16 AC
For Sale
$949,999 View listing

Property Details for 1601 7Th St

Lot size
0.16 AC
Property type
Commercial land
APN
54-05- 72-0122.0000
APU
54057201220000

Description

This exceptional retail property, located at 1601 7th Street in Parkersburg, WV, presents a unique investment opportunity. Situated on a 1.2-acre corner lot, this building benefits from high visibility and accessibility due to its prime intersection location with highway frontage and street access on two additional sides. The property also includes convenient alley access in the rear. The building itself has undergone recent renovations and is in excellent, move-in condition. Phase one of the improvements has been completed. This high-traffic area boasts a strong concentration of businesses, including numerous car dealerships, Enterprise Rent-A-Car, Speedway gas station, Wendy's, CVS Pharmacy, and a new Arby's currently under construction directly across the street. The property's strategic location within this established commercial corridor ensures significant exposure to a large customer base. The asking price is $949,999. This is an ideal opportunity for a business seeking a well-maintained, high-visibility location in a thriving commercial area. The square footage is not currently available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,397,287
    Hospitality
    $1,279,907
    Educational
    $1,064,868
    Medical
    $1,101,490
    Retail
    $1,656,461

Location Insight

City
Parkersburg
County
Wood
State
West Virginia
Latitude
39.2667
Longitude
-81.5348
CBSA code
37620
CBSA name
PARKERSBURG-MARIETTA-VIENNA, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,339
$33,540
-
$33,540
-
$55,900
-
$55,900

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