Bar Property With Full
For Sale
$184,900
1007 Husky Highway, Fairmont, WV 26554
Business Opportunity, Fairmont, WV
Property Size1,450 SF
Lot Size0.29 Acres
Price / SF$127.52
Days on Market51
Property Features for 1007 Husky Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
24-02-0054-0013-0001
Size
1,450 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1185
Utilities
Heating system
Forced Air
Listing Agency:
Joe R. Pyle Complete Auction and Realty Service
(304) 592-6000
Listed By:
Jordan Kiger
(304) 592-6000
Added: Jul 11
Changed: Aug 28
Last Checked: Aug 30 at 7:06AM
MLS# 11882075
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This bar-oriented commercial property includes a 1,450-square-foot building on approximately 0.29 acres, with two leasable spaces and a full basement. Existing improvements include central air conditioning, a forced-air furnace, and various updates. Bar equipment conveys with the sale, and the site includes a graveled parking area.
The property is located at 1007 Husky Highway in Fairmont, along WV-250 and beside the Marion County Soccer Complex. It sits outside city limits and carries no zoning designation. The property is scheduled for sale through an online public auction on Thursday, August 13th at 6:00 PM.
The property is located at 1007 Husky Highway in Fairmont, along WV-250 and beside the Marion County Soccer Complex. It sits outside city limits and carries no zoning designation. The property is scheduled for sale through an online public auction on Thursday, August 13th at 6:00 PM.
Key Highlights
- 1,450 +/- total square feet on 0.29 +/- acres
- Two leasable spaces within the building
- Full basement and graveled parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,077
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,540
$281.5K
Cap Rate 7%
$201,100
$201.1K
Cap Rate 9%
$156,411
$156.4K
Market Conditions
NOI Build-Up for 1,450 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$20.0K $13.80/SF
− Vacancy
−$1.2K −$0.86/SF
EGI
$18.8K $12.94/SF
− OpEx
−$4.7K −$3.24/SF
NOI
$14.1K $9.71/SF
Area
Marion County, WV
Vacancy
6.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,540
Cap Rate 7%
$201,100
Cap Rate 9%
$156,411
Alternative Uses
Best Use
Specialty Retail
$201.1K
$176.0K – $234.6K
NOI $14,077 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$8.90M
$7.78M – $10.38M
NOI $622,706 @ 7.0% cap · market cap 336.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 26554, WV
42,133
Population
19,688
Households
2.1
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
131.9 sq mi
ZIP Area
319
Density / Sq Mi
$69,271
Median Household Income
$40,688
Median Earnings
$931
Median Rent
$181,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Johnny Friendly's — 1007 Husky Hwy, Fairmont, WV 26554
Frequently Asked Questions
What type of property is this?
Bar & Pub - Two leasable spaces, bar equipment, and substantial building updates support continued hospitality use.
Where is this bar & pub located?
The property is located at 1007 Husky Highway Fairmont, WV.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: 1,450 +/- total square feet on 0.29 +/- acres; Two leasable spaces within the building; Full basement and graveled parking lot
