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    156 Clay St Morgantown, WV 26501

    For Sale
    $1,695,000

    Mixed Use - Morgantown, WV

    Type:Mixed Use
    Property size:
    12,477 SF
    Lot size:
    0.23 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 156 Clay St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    Central Commercial Business
    Parking features
    Off Street, Secured
    Interior features
    Gas Stove Connection, electric Stove Connection, 9ft+ Ceiling
    Exterior features
    Dumpster Area
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Size
    12,477 SF
    Lot size
    0.23 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Floors in Building
    3
    Number of units
    8
    Flooring type
    Carpet, Carpet - Full, Other, Wood
    Building materials
    Block, Brick
    Roof type
    Metal
    Architectural style
    Other

    Compass Realty Group (304) 212-2500 [email protected]

    Listing agent EVE LEOMBRUNO (304) 212-2500 License #WV0030283

    Listing date Nov 6, 2025

    MLS# 10160189 Listing URL

    Copyright © 2025 North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mixed-Use Wharf District Property

    This historic mixed-use property is located in Morgantown's Wharf District. The property is fully leased. The main floor is leased to a catering business and venue, featuring a commercial-grade kitchen, restaurant seating, a large bar, and a covered outdoor seating area. The upper floors consist of one studio apartment, five one-bedroom apartments, and two two-bedroom apartments, all of which are currently leased. Recent improvements include four renovated apartment units, a new roof, an updated HVAC system, and 15 new double-pane windows. The property includes an additional 4,818-square-foot gravel lot for off-street parking. The property is zoned Central Commercial Business and has a total size of 12,477 square feet on a 0.225-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kincaid and Arnett Feed ... Warehouse Flour and Feed LLC Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.9626274
    Latitude
    39.6265504

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    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use property with restaurant and apartments in Morgantown.
    Where is this mixed-use property located?
    The property is located at 156 Clay St Morgantown, WV.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: - Fully leased property offering immediate income from commercial and residential tenants.; - Prime location in Morgantown's Wharf District.; - Includes a fully equipped commercial-grade kitchen, restaurant seating, large bar, and covered outdoor seating area leased to a catering business/venue.
    (304) 212-2500
    Request Owner's contact information
    156 Clay St Morgantown, WV 26501
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    Morgantown, WV 26501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 Clay St Morgantown, WV 26501
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