108 Pike StClarksburg, WV 26301

Property Details for 108 Pike St

Lot size

0.12 AC

Property type

Retail space

APN

17-08- 23-0259.0000

APU

17082302590000

Description

This exceptional Class A commercial property, located at 108 W Pike St in downtown Clarksburg, offers 6,326 square feet of versatile space, currently fully vacant and immediately available. The single-story, 1951-built building boasts a flexible layout ideal for a variety of commercial ventures. The main floor features a large open area, perfect for reception or waiting areas, along with four finished offices. Recent renovations include fresh paint, new light fixtures, and luxury vinyl flooring. A significant advantage is the attached 24-unit storage warehouse in the rear, presenting a lucrative opportunity for supplemental rental income. The lower level provides ample basement space, accessible via two entrances (a garage door in the rear and a large door on the building's left side), suitable for storage, additional rental space, or operational use. The rear entrance features a new electric overhead garage door opener. The property sits on two adjacent lots, offering expansion potential. With over 3,500 vehicles passing daily, this location ensures high visibility and accessibility. The minimum divisible space is 2,500 square feet, with a power supply exceeding 200 amps. The property is zoned commercial and offers a unique blend of office, warehouse, and coworking potential. This is a prime opportunity to establish a business in a highly desirable downtown location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,078,220

  6.5%

  $995,280

  7%

  $924,188

• Comparable approach

  Method

  Valuation

  Relative Method

  $495,844

  Geo Method

  $495,844

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,968,500

  Mixed-Use / Specialty

  $980,576

  Hospitality / Lodging

  $704,894

  Office

  $963,132

  Institutional / Educational

  $1,015,420

  Residential Income

  $1,188,040

  Multifamily

  $1,486,710

  Automotive / Energy

  $870,358

  Parking / Income-Based Land

  $311,371

  Restaurant / Food Service

  $486,198

  Healthcare / Senior Housing

  $1,017,000

Location Insight

City

Clarksburg

County

Harrison

State

West Virginia

Latitude

39.28

Longitude

-80.3349

CBSA code

17220

CBSA name

CLARKSBURG, WV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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