Description
Prime Investment Opportunity in Morgantown, WV! Discover a unique investment opportunity located just across the street from the bustling West Virginia University Downtown Campus. This versatile multi-unit/multi-use commercial property, built in 1953, boasts an all-brick construction and has been meticulously maintained over the years. Encompassing the majority of a 0.07-acre lot, this property offers a prime location with high visibility and foot traffic. This prime location offer two storefronts. One hosting a vibrant restaurant and the other a retail space sure to attract the many students who travel past daily, both in the early months of extended lease terms. These commercial units provide dependable, long-term income potential for your investment. Located just above, you will find four spacious 4-bedroom, 1-bathroom apartments that are brimming with natural light. These units are ideal for student housing, given their proximity to WVU, ensuring a consistent demand and attractive rental income. Additionally, you will find a versatile basement area that can serve as a lessor staging area or be remodeled for additional retail, restaurant, or bar space, offering further/future income potential. This propertys unbeatable location, directly across from WVUs Downtown Campus, ensures constant demand from both students and local businesses. The combination of commercial and residential units, along with the potential for additional development in the basement, makes this a remarkable investment opportunity. Seize the chance to own a piece of Morgantowns vibrant community and a piece of its history with this well-maintained, prime location property. Whether you're an experienced investor or new to the market, this opportunity promises both stability and growth. Can be packaged with mls#10154912 - 301 First Street. Dont miss out on this fantastic investment opportunity - call today!
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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10,538SQFT
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$152$/SQFT
School Information
Description
Prime Investment Opportunity in Morgantown, WV! Discover a unique investment opportunity located just across the street from the bustling West Virginia University Downtown Campus. This versatile multi-unit/multi-use commercial property, built in 1953, boasts an all-brick construction and has been meticulously maintained over the years. Encompassing the majority of a 0.07-acre lot, this property offers a prime location with high visibility and foot traffic. This prime location offer two storefronts. One hosting a vibrant restaurant and the other a retail space sure to attract the many students who travel past daily, both in the early months of extended lease terms. These commercial units provide dependable, long-term income potential for your investment. Located just above, you will find four spacious 4-bedroom, 1-bathroom apartments that are brimming with natural light. These units are ideal for student housing, given their proximity to WVU, ensuring a consistent demand and attractive rental income. Additionally, you will find a versatile basement area that can serve as a lessor staging area or be remodeled for additional retail, restaurant, or bar space, offering further/future income potential. This propertys unbeatable location, directly across from WVUs Downtown Campus, ensures constant demand from both students and local businesses. The combination of commercial and residential units, along with the potential for additional development in the basement, makes this a remarkable investment opportunity. Seize the chance to own a piece of Morgantowns vibrant community and a piece of its history with this well-maintained, prime location property. Whether you're an experienced investor or new to the market, this opportunity promises both stability and growth. Can be packaged with mls#10154912 - 301 First Street. Dont miss out on this fantastic investment opportunity - call today!