2006 Camden AveParkersburg, WV 26101

  • Mixed-use properties
  • 0.07 AC
For Sale
$1,250,000 View listing

Property Details for 2006 Camden Ave

Lot size
0.07 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
54-05- 9-0023.0000
APU
5405900230000

Description

This exceptional investment opportunity presents a rare chance to acquire a well-established, profitable aquarium and pet store in Parkersburg, WV. Operating successfully for 37 years, this turn-key business boasts a loyal customer base and strong community presence. The 5,944 square foot property sits on a 0.35-acre lot in a high-traffic commercial area, ensuring excellent visibility and accessibility. Adding to the investment's appeal are two fully rented apartments and a single-family home, all currently occupied, generating substantial supplemental income. The sale includes all inventory, equipment, and contents, allowing for a smooth transition for the new owner. This established business, with its diverse revenue streams and prime location, offers significant potential for continued growth and profitability. The property's history and established reputation within the community provide a solid foundation for future success. This is a unique opportunity to own a piece of Parkersburg's history while securing a valuable, income-producing asset in a thriving market. The asking price is $1,250,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $523,252
    6.5%
    $483,002
    7%
    $448,502
  • Comparable approach

    Method
    Valuation
    Relative Method
    $281,181
    Geo Method
    $281,181
  • Alternative Use

    Use
    Valuation
    Residential
    $598,923
    Hospitality
    $548,610
    Educational
    $456,437
    Medical
    $472,135
    Retail
    $710,013
2006 Camden Ave, Parkersburg, West Virginia

Location Insight

City
Parkersburg
County
Wood
State
West Virginia
Latitude
39.2549
Longitude
-81.5531
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
$1,891
$5,400
$52,320
$57,720
-
$9,000
$87,200
$96,200

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