Bar and Restaurant with
1007 Husky Highway Fairmont, WV 26554
For Sale
$184,900
Two leasable spaces with central A/C, forced air heat, and a gravel parking lot near a soccer complex.
Property Size1,450 SF
Lot Size0.29 Acres
Price / SF$127.52
Days on Market14
Property Features for 1007 Husky Highway
General Information
- Standard status
- Active
- Size
- 1,450 SF
- Lot size
- 0.29 Acres
- Property subtype
- Commercial Business
Listing Agency:
Joe R. Pyle Complete Auction and Realty Service
(304) 592-6000
Listed By:
Jordan Kiger
(304) 592-6000
Source:
Doyle-realty
Added: Jul 11
Changed: Jul 23
Last Checked: Jul 23 at 2:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joe R. Pyle Complete Auction and Realty Service
Investment Insights
Based on property information with market context.
This bar and restaurant property offers two leasable spaces within a 1,450+/- square foot building. The offering includes all bar equipment that conveys, along with a full basement. Interior systems include central A/C and a forced air furnace, and the public remarks indicate the property has received many updates and improvements.
The site is located along WV-250 in an outside city limits setting, with the remarks noting no zoning. The property sits on 0.29+/- acres (as assessed) and includes a gravel parking lot.
The current operating concept noted in the remarks is “Johnny's Bar and Hotspot,” and the building is adjacent to the Marion County Soccer Complex. The property is being marketed for sale via public auction, with online bidding only, scheduled for Thursday, August 13th at 6:00 PM.
The site is located along WV-250 in an outside city limits setting, with the remarks noting no zoning. The property sits on 0.29+/- acres (as assessed) and includes a gravel parking lot.
The current operating concept noted in the remarks is “Johnny's Bar and Hotspot,” and the building is adjacent to the Marion County Soccer Complex. The property is being marketed for sale via public auction, with online bidding only, scheduled for Thursday, August 13th at 6:00 PM.
Key Highlights
- 0.29 +/- acre site with 1,450 +/- total sqft building in Barrackville (outside city limits, no zoning)
- Two leasable spaces; currently operating as Johnny's Bar and Hotspot
- Central A/C plus forced air furnace for climate control
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 | $20.0k | $13.80 |
| − Vacancy | −$1.2k | −$0.86 |
| EGI | $18.8k | $12.94 |
| − OpEx | −$4.7k | −$3.24 |
| NOI | $14.1k | $9.71 |
1,450 SF · lease $13.80/SF/yr · vacancy 6.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$201.1K
$176.0K – $234.6K
NOI $14,077 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$8.90M
$7.78M – $10.38M
NOI $622,706 @ 7.0% cap · market cap 336.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
FAQs
What type of property is this?
Bar & Pub - Two leasable spaces with central A/C, forced air heat, and a gravel parking lot near a soccer complex.
Where is this bar & pub located?
The property is located at 1007 Husky Highway Fairmont, WV.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: 0.29 +/- acre site with 1,450 +/- total sqft building in Barrackville (outside city limits, no zoning); Two leasable spaces; currently operating as Johnny's Bar and Hotspot; Central A/C plus forced air furnace for climate control
