307 Merchant StFairmont, WV 26554

For Sale
$875,000 View listing
  • Retail space
  • 0.07 AC

Property Details for 307 Merchant St

Lot size
0.07 AC
Property type
Retail space
APN
24-05- 7-0040.0000
APU
2405700400000

Description

This exceptional retail investment opportunity presents a portfolio of two buildings totaling 12,800 square feet situated on a 0.815-acre lot in Fairmont, West Virginia. The property, located at 307 Merchant Street, enjoys a highly visible corner location at the intersection of Merchant and Market Streets, boasting 265 feet of road frontage along Market Street and approximately 132 feet along Merchant Street. The portfolio includes a main building offering approximately 10,000 square feet of leasable space and a second, 2,800 square foot building currently occupied by BFS Liquor. Built in 1938 and renovated since, the single-story buildings are zoned CC - City Center, providing flexibility for various retail uses. The property features ample off-street parking with 50 spaces, overhead doors, and substantial storage. Its strategic location offers excellent access and visibility, situated just 1.4 miles from I-79, Exit 136, and a convenient 1.1 miles from downtown Fairmont. The high-traffic area benefits from a daily traffic count of approximately 13,822 vehicles on State Street, ensuring significant exposure for your business. This portfolio presents a rare opportunity to acquire a well-positioned, established retail property in a thriving West Virginia market. The asking price for this turnkey investment is $875,000.

307 Merchant St, Fairmont, West Virginia

Location Insight

City
Fairmont
County
Marion
State
West Virginia
Latitude
39.4813
Longitude
-80.1379
CBSA code
21900
CBSA name
FAIRMONT, 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
2023
$2,064
$13,860
$55,620
$69,480
-
$23,100
$92,700
$115,800

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