347 Main StClarksburg, WV 26301
- Office properties
- 0.44 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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