Mixed-Use Commercial Building in
For Sale
$350,000
327 W NEVILLE, Beckley, WV 25801
COMMERCIAL - BECKLEY, WV
Property Size2,800 SF
Lot Size2.00 Acres
Price / SF$125
Days on Market79
Property Features for 327 W NEVILLE
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Other Area
Standard status
Active
Size
2,800 SF
Lot size
2.00 Acres
Building Details
Year built
1940
Listing Agency:
TRANSCEND REALTY
(304) 763-7020
Listed By:
Brian Brown · License #WVB240301004
(304) 207-4644
Added: May 14
Changed: Jun 14
Last Checked: Jul 31 at 12:06AM
MLS# 94880
Copyright © 2026 Beckley Board of Realtors. 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 four-story mixed-use commercial building is located in downtown Beckley. The property features a street-level restaurant and bar space, with equipment included in the sale. The upper two floors include three rented residential apartments currently generating income. One additional apartment unit is in need of cosmetic rehabilitation. An additional fifth unit offers further development potential. The property is located near shopping, dining, and local businesses. The property is suitable for investors seeking a value-add opportunity or an owner-user. The restaurant and bar space offers strong visibility, customer accessibility, and excellent potential for entertainment, dining, or nightlife concepts. The property has multiple income streams with upside through apartment renovations and additional unit development. The property size is 2800 square feet and the lot size is 2 acres.
Key Highlights
- Turnkey restaurant and bar with equipment included.
- Three income‑producing apartments.
- Prime downtown Beckley location.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.6k | $13.80 |
| − Vacancy | −$3.2k | −$1.13 |
| EGI | $35.5k | $12.67 |
| − OpEx | −$8.9k | −$3.17 |
| NOI | $26.6k | $9.50 |
2,800 SF · lease $13.80/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$380.1K
$332.6K – $443.4K
NOI $26,604 @ 7.0% cap · market cap 7.60%
Second Best
Mixed Use
$270.0K
$236.3K – $315.0K
NOI $18,900 @ 7.0% cap · market cap 5.40%
Theoretical Best
Multifamily LT 5
$1.65M
$1.44M – $1.92M
NOI $115,488 @ 7.0% cap · market cap 33.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
81k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 45%
Electronics 1%
Home Improvements & Furnishings 1%
Sheetz
Shops & Services
19,571 visits/mo
0.2 miles
McDonald's
Dining
17,392 visits/mo
0.2 miles
BP
Shops & Services
9,607 visits/mo
0.3 miles
Little Caesars Pizza
Dining
9,532 visits/mo
0.5 miles
KFC
Dining
9,357 visits/mo
0.3 miles
Demographics for 25801, WV
31,369
Population
15,185
Households
2.1
Avg Household Size
43
Median Age
23%
College-Educated
88%
High-School Grad
99.1 sq mi
ZIP Area
317
Density / Sq Mi
$49,370
Median Household Income
$35,314
Median Earnings
$842
Median Rent
$151,000
Median Home Value
Market
Properties on Market for Mixed-use properties in Beckley
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-story mixed-use building with restaurant, bar, and apartments.
Where is this mixed-use property located?
The property is located at 327 W NEVILLE Beckley, WV.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Turnkey restaurant and bar with equipment included.; Three income‑producing apartments.; Prime downtown Beckley location.
