1166 Cut Off RdKeyser, WV 26726

Property Details for 1166 Cut Off Rd

Lot size

0.75 AC

Property type

Investment properties

Property subtype

Live-work space

APN

29-06- 20-0009.0001

APU

29062000090001

Description

This exceptional mixed-use property located at 1166 Cut Off Road, Keyser, WV presents a unique investment opportunity. The 3,344 square foot building sits on a 0.75-acre lot and combines a thriving bar and restaurant business with a downstairs apartment rental unit, generating multiple income streams. The sale includes most of the existing equipment, minimizing start-up costs for the new owner. The substantial storage space within the building adds to its versatility and operational efficiency. The bar and restaurant area is ready for immediate operation, offering a turnkey business model for an entrepreneur seeking an established presence in the Keyser market. The apartment provides additional rental income, further enhancing the property's financial returns. This property is ideally suited for an investor looking for a hands-on business venture or a passive income stream. The combination of established business operations and rental income makes this a compelling investment prospect with significant potential for growth and profitability. The property's location in Keyser, WV offers convenient access to local amenities and a strong customer base. Don't miss this chance to acquire a well-established and profitable mixed-use property. The asking price is $165,000.

• CAP approach

  CAP return

  Valuation

  6%

  $7,775,795

  6.5%

  $7,177,657

  7%

  $6,664,967

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,532,040

  Geo Method

  $6,532,040

• Alternative Use

  Use

  Valuation

  Residential

  $8,900,294

  Hospitality

  $8,152,622

  Educational

  $6,782,886

  Medical

  $7,016,160

  Retail

  $10,551,155

Location Insight

City

Keyser

County

Mineral

State

West Virginia

Latitude

39.3815

Longitude

-79.0077

CBSA code

19060

CBSA name

CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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