2671 Clarksburg RdBuckhannon, WV 26201

Property Details for 2671 Clarksburg Rd

Lot size

3.22 AC

Property type

Retail space

APN

49-06- 6E-0011.0000

APU

49066E00110000

Description

This exceptional 4,000 square foot commercial property, situated on a 3.217-acre lot in Upshur County, West Virginia, presents a lucrative investment opportunity. Located on Route 119, just three miles from US 33 and Route 48, this well-maintained building offers significant advantages for a variety of uses. Previously operating as a bar and restaurant, the property boasts built-in bars, a sprinkler system in the kitchen, a large gravel lot, and a fenced side yard, providing ample space for outdoor activities or expansion. The metal roof, installed within the last 4-5 years, ensures long-term durability and low maintenance costs. Its location outside the city limits of Buckhannon, yet conveniently close to major roadways, makes it highly accessible. The property's zoning allows for diverse possibilities, including a vibrant event space, a thriving bar/restaurant, or even a Hot Spot (limited video lottery) establishment. This turnkey opportunity is ideal for entrepreneurs seeking a well-equipped space to launch or expand their business in a growing community. The asking price is $200,000. The single-story building was constructed in 1978. Detailed directions are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $49,029,044

  6.5%

  $45,257,580

  7%

  $42,024,892

• Comparable approach

  Method

  Valuation

  Relative Method

  $70,605,840

  Geo Method

  $70,605,840

• Alternative Use

  Use

  Valuation

  Residential

  $38,176,460

  Hospitality

  $34,969,432

  Educational

  $29,094,158

  Medical

  $30,094,750

  Retail

  $45,257,580

Location Insight

City

Buckhannon

County

Upshur

State

West Virginia

Latitude

39.0348

Longitude

-80.2161

Property Tax & Assessments

FAQs

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