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    669 W Catherine Street Rowlesburg, WV 26425

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    For Sale
    $229,000

    Business - Rowlesburg, WV

    Type:Business
    Property size:
    3,000 SF
    Lot size:
    1.52 Acres
    Price / SF:
    $76/SF
    Added:
    Apr 29, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 30 at 12:06 pm

    Property Features for 669 W Catherine Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Zoning
    None
    Parking features
    Off Street
    Interior features
    Gas Stove Connection, icemaker Connection, public Restrooms, living Space Available
    Exterior features
    Door Signage, Detached Signage
    Appliances
    Freezer, Microwave, Refrigerator
    Standard status
    Active
    Size
    3,000 SF
    Lot size
    1.52 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2500

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Block, Frame
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    VICKIE JENKINS
    VICKIE JENKINS

    Listing agent VICKIE JENKINS License #WVA240040315

    Listing office REAL ESTATE BY VICKIE JENKINS AND ASSOCIATES 18115 Veterans Memorial Highway, KINGWOOD, WV

    Listing date Apr 29, 2026

    MLS# 10164541 Listing URL

    Copyright © 2026 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

    Rowlesburg Store Near Cheat River

    Located in Rowlesburg, West Virginia, the Cheat River General Convenient Store is situated across from the Class Five white water river and trail head, which features biking trails. The property is not in a flood area. The lower level, remodeled within the past 3 years, functions as a store with tables, a bar top, and beer taps, suitable for a restaurant or fast-food area. The second floor could be finished as an owner's residence or a rental apartment. A large, level lot is available for picnic tables. The property is near waterfalls under the railroad tracks and rainbow trout fishing. It is located minutes from Route 50 into Maryland, Black Water Falls State Park, Kingwood, and Grafton. The property is set up as a ready-to-go business. The property size is 3000 square feet and the lot size is 1.52 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Hotel & Motel Food Market Grocery & Convenience Store Bar & Pub Daycare Center Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Rowlesburg
    County
    Preston
    State
    West Virginia
    Longitude
    -79.6854902
    Latitude
    39.3505061

    FAQs

    What type of property is this?
    Grocery and convenience store - Remodeled store near Cheat River, ready for new owner.
    Where is this grocery and convenience store located?
    The property is located at 669 W Catherine Street Rowlesburg, WV.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: Prime location across from Cheat River (Class Five whitewater) and biking trailhead.; Recently remodeled lower level suitable for a store, restaurant, or fast‑food business with beer taps.; Large, level lot suitable for picnic tables or other outdoor activities.
    (304) 276-5055
    We can help!
    Listing Contact
    VICKIE JENKINS
    VICKIE JENKINS
    Real Estate License ID: WVA240040315
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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