170 Lakeview DrMorgantown, WV 26508

Property Details for 170 Lakeview Dr

Lot size

1.10 AC

Property type

Retail properties

Property subtype

Retail space

APN

31-18- 14-0051.0008

APU

31181400510008

Description

This newly renovated (2023) Morgantown, WV office building at 170 Lakeview Drive offers 13,000 square feet of flexible space, perfect for various business needs. The building features three suites, with a minimum divisible space of 637 square feet and a maximum contiguous space of 3,625 square feet currently available. Located in the Morgantown submarket, this Class A property boasts abundant natural light, a stunning double-story glass lobby, and scenic views of the Lakeview Championship Golf Course's 18th fairway. Amenities include easy I-68 access (Exit 10), proximity to downtown Morgantown, and ample parking (approximately 70 spots). The interior features modern LVP flooring, fresh paint, updated common areas, and energy-efficient, tech-ready spaces. Furnished offices are available for immediate occupancy. Building and lobby signage opportunities are also available. The building is conveniently located near a full-service spa and state-of-the-art fitness center. This prime location at the entrance to the Lakeview Resort and Conference Center offers a strategic location for businesses, abutting the Pennsylvania and Maryland borders. The 4,882 square feet of vacant space presents a unique opportunity for businesses seeking a sophisticated and inspiring work environment in a tranquil Cheat Lake setting. The building was originally constructed in 2005.

• CAP approach

  CAP return

  Valuation

  6%

  $16,764,614

  6.5%

  $15,475,028

  7%

  $14,369,669

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,142,420

  Geo Method

  $24,142,420

• Alternative Use

  Use

  Valuation

  Residential

  $13,053,765

  Hospitality

  $11,957,179

  Educational

  $9,948,232

  Medical

  $10,290,367

  Retail

  $15,475,028

Location Insight

City

Morgantown

County

Monongalia

State

West Virginia

Latitude

39.6706

Longitude

-79.8585

CBSA code

34060

CBSA name

MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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