120 6Th StClarksburg, WV 26301

  • Retail space
  • 0.39 AC
For Sale
$499,000 View listing

Property Details for 120 6Th St

Lot size
0.39 AC
Property type
Retail space
APN
17-08- 17-0591.0000
APU
17081705910000

Description

This exceptional commercial property, located at 120 N 6TH Street in Clarksburg, West Virginia, presents a unique investment opportunity. Boasting a substantial 12,040 square feet of space, this property sits on a sizable 0.39-acre lot, offering ample room for expansion or outdoor utilization. The building's versatile "Other" property type allows for a wide range of potential uses, making it ideal for businesses seeking a flexible and adaptable space. The asking price is $499,000, representing a compelling value for a property of this size and location within Clarksburg. The property's address, 120 N 6TH Street, places it in a potentially high-traffic area, offering excellent visibility and accessibility. The substantial square footage provides significant potential for various business configurations, from retail to office space, or even a combination of uses. The 0.39-acre lot provides ample parking and potential for future development or expansion. This property is an excellent opportunity for an investor or business owner looking for a well-located, spacious commercial property in a thriving West Virginia community. Serious inquiries are encouraged to explore the full potential of this versatile and strategically located commercial space. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Further details and viewing arrangements can be made upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,533,980
    6.5%
    $4,185,212
    7%
    $3,886,268
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,025,168
    Geo Method
    $4,025,168
  • Alternative Use

    Use
    Valuation
    Residential
    $3,530,383
    Hospitality
    $3,233,812
    Educational
    $2,690,493
    Medical
    $2,783,024
    Retail
    $4,185,212

Location Insight

City
Clarksburg
County
Harrison
State
West Virginia
Latitude
39.2826
Longitude
-80.3426
CBSA code
17220
CBSA name
CLARKSBURG, WV MICROPOLITAN 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
$3,764
$10,260
$113,400
$123,660
-
$17,100
$189,000
$206,100

FAQs

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