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    514 Elk St Gassaway, WV 26624

    For Sale
    $169,900

    Multi-Unit (2-4) - Gassaway, WV

    Property size:
    4,000 SF
    Days on Market:
    86
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 514 Elk St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    900
    Rooms
    Basement, Bathroom 1, Bathroom 2, Kitchen, Laundry
    Bathrooms
    2
    APN
    8/25
    Parking features
    Garage, Garage - Attached, Underground/Basement
    Basement Y/N
    1
    Size
    4,000 SF

    Utilities

    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Year built
    1910
    Year renovated
    1910
    Floors in Building
    2
    Flooring type
    Carpet, Laminate
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    Central WV Real Estate LLC (304) 462-5997 [email protected]

    Listing agent Lisa Rader (304) 462-5997

    Listing date Sep 20, 2025

    MLS# 11452361 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Multi-Unit Building in Gassaway

    Located on Main Street in Gassaway, Braxton County, WV, this renovated building offers multiple options for potential use. The 4,000 square foot property features a new roof, new AC/heat units, updated electric, and new flooring. The first floor and basement have been renovated. The property has off-street parking and a one-car garage with a loading dock. Zoned 900, this building presents income potential for business or residential rental units.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gassaway
    County
    Braxton
    State
    West Virginia
    Longitude
    -80.775381
    Latitude
    38.672384

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    FAQs

    What type of property is this?
    Specialty property - Renovated building with income potential in Gassaway, West Virginia.
    Where is this specialty property located?
    The property is located at 514 Elk St Gassaway, WV.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Renovated first floor and basement offer immediate usability and appeal.; - High income potential for business or residential rental units.; - New roof, AC/heat units, updated electric, and new flooring minimize maintenance costs.
    (304) 462-5997
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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
    514 Elk St Gassaway, WV 26624
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