Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    702 3Rd Ave Marlinton, WV 24954

    Sponsored
    For Sale
    $550,000

    COMMERCIAL - Stick - Marlinton, WV

    Property size:
    4,800 SF
    Days on Market:
    4
    Last Refresh:
    Feb 23 at 3:06 am

    Property Features for 702 3Rd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 2, Bathroom 6, Bathroom 9, Bathroom 8, Bathroom 11, Bathroom 5, Bathroom 10, Bathroom 3, Bathroom 7, Bathroom 1, Bathroom 4
    Bathrooms
    11
    APN
    109
    Size
    4,800 SF

    Utilities

    Heating system
    Electric (Heating), Hot Water(Heating), Baseboard

    Building Details

    Year built
    1924
    Flooring type
    Hardwood, Laminate
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Stick

    We can help!

    Listing Contact
    Lisa L. Circle

    Greenbrier Real Estate Service (304) 645-2255

    Listing agent Lisa L. Circle

    Listing date Feb 20, 2026

    MLS# 26-173

    Copyright © 2026 Greenbrier Valley 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.

    Learn more

    Property Insight Report

    Overview

    Turn-Key Inn in Marlinton, WV

    Located in downtown Marlinton, one block from the Greenbrier River Trail, The Old Clark Inn is a hospitality property. Configured as nine guest rooms with private baths, it offers accommodations for up to 22 guests within its 4,800 square feet. The inn features 14 bedrooms and 11 baths. It is positioned for trail users and year-round tourism, with walkable access to restaurants, shops, and local attractions. The property is recognized as a cyclist-friendly lodging destination. The inn has a website, booking channels, and a presence in the cycling and outdoor recreation community. Its downtown location allows guests to walk to restaurants, taverns, parks, and community venues. The inn features secure covered bike storage, electrical outlets for e-bike charging, an outdoor bike wash station, tools for basic repairs, and group-friendly room configurations. Trail shuttle coordination and logistics enhance the guest experience and provide opportunities for additional service-based revenue. Marlinton benefits from tourism driven by the Greenbrier River Trail, Monongahela National Forest, mountain biking and scenic road cycling routes, hiking, fishing, paddling, Snowshoe Mountain winter sports, and downtown festivals and community events. The third floor, currently configured as private living quarters, has the possibility of conversion to a three-room, one-bath guest suite. The large kitchen and breakfast area also presents opportunities for in-house meal service or expanded hospitality offerings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    Greenbrier Grille and Lodge, Old Clark Inn, Appalachian Sport, Mason Jar Cabin, Sweet Scoop Lodging LLC

    Location Insight

    • Map
    • Local Demand
    City
    Marlinton
    County
    Pocahontas
    State
    West Virginia
    Longitude
    -80.092961
    Latitude
    38.223969

    Nearby Similar for Sale

    • New
      $315,000
      1,191 SF

      Versatile Mixed-Use Commercial Property

      Multi-use commercial space suitable for various businesses in high-traffic location.
      105 Duncan Rd, Marlinton, WV 24594
      View Details
    • $384,000
      14.85 Acres

      Marlinton Commercial Property Investment

      Multi-building commercial property, 14.85 acres.
      21124 Seneca Trl, Marlinton, WV 24954
      View Details
    • $735,000
      1.00 Acre

      Marlinton Restaurant - Turnkey Opportunity

      Established Restaurant, 60 Seats, Prime Location
      3756 Jerico Rd, Marlinton, WV 24954
      View Details
    • $699,000
      3,854 SF

      Marlinton Multifamily Investment Opportunity

      Four-unit residential income property in Marlinton, West Virginia.
      208 6Th St, Marlinton, WV 24954
      View Details

    FAQs

    What type of property is this?
    Bed & breakfast - Established inn near Greenbrier River Trail, ideal for cyclists.
    Where is this bed & breakfast located?
    The property is located at 702 3Rd Ave Marlinton, WV.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Turn-key, income-producing boutique inn with established website and strong presence in the cycling and outdoor recreation community.; - **Prime downtown location** in Marlinton, one block from the 78-mile Greenbrier River Trail, with walkable access to restaurants, shops, and local attractions.; - Specifically designed for cyclists with secure bike storage, e-bike charging, bike wash station, repair tools, and group-friendly room configurations.
    (304) 645-2255
    Request Owner's contact information
    702 3Rd Ave Marlinton, WV 24954
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    702 3Rd Ave
    Marlinton, WV 24954
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    702 3Rd Ave Marlinton, WV 24954
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lisa L. Circle
    (304) 645-2255
    Learn more
    Google sign-in failed. Please try again or use another login method.