347 Main StClarksburg, WV 26301

  • Office properties
  • 0.44 AC
For Sale
$950,000 View listing

Property Details for 347 Main St

Lot size
0.44 AC
Property type
Office properties
Property subtype
Office buildings
APN
17-03- 18-0164.0000
APU
17031801640000

Description

This three-story, 29,090+/- square foot office building in downtown Clarksburg, West Virginia, is available for sale at $950,000 ($32.66/sq ft). Built in 1960, the property sits on a 0.435-acre lot and is zoned B1-Business. Previously a biometric data center housing over 200 employees, the building boasts a functional layout ideal for similar uses or other office tenants needing ample space. Features include two entrances (one with an overhead door and loading bay), a freight elevator, and a sprinkler system. Its central location offers excellent visibility and the property is eligible for HUBZone status and is located within an Opportunity Zone. The building offers a mix of private offices and cubicle space, making it suitable for a variety of office configurations. The property's size, amenities, and location make it a compelling investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,422,634
    6.5%
    $3,159,355
    7%
    $2,933,687
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,772,490
    Geo Method
    $1,772,490
  • Alternative Use

    Use
    Valuation
    Residential
    $3,917,600
    Hospitality
    $3,588,500
    Educational
    $2,985,590
    Medical
    $3,088,270
    Retail
    $4,644,252
347 Main St, Clarksburg, West Virginia

Location Insight

City
Clarksburg
County
Harrison
State
West Virginia
Latitude
39.279
Longitude
-80.3406
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
$10,133
$68,280
$264,600
$332,880
-
$113,800
$441,000
$554,800

FAQs

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