Renovated Retail/Office Building For
101 E MAIN St Hedgesville, WV 25427
For Sale
$274,000
Pending
Newly renovated retail/office building in Hedgesville's active community.
Property Size984 SF
Days on Market96
Property Features for 101 E MAIN St
General Information
Standard status
Pending
Size
984 SF
Property subtype
Commercial
Building Details
Year Built
1983
Listing Agency:
BLACK DIAMOND REALTY, LLC
(304) 283-0214
Listed By:
W. Aaron Poling · License #WV0027374
(304) 283-0214
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 10:56AM
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 BLACK DIAMOND REALTY, LLC
Investment Insights
Based on property information with market context.
Located at 101 E. Main Street in Hedgesville, WV, this 984 square foot retail/office building offers an opportunity for a small business. The newly renovated building is positioned on a corner, benefiting from local and commuter traffic. On-site parking is available for customers and staff. Suited for retail, service, or office use, the property is located in Hedgesville’s active community. A portion of the property was incorporated into a state-led transportation improvement project aimed at improving traffic movement, access, and pedestrian walkability in the immediate area. Sidewalk improvements are expected to be completed later this year, further enhancing the property’s visibility and accessibility.
Key Highlights
- High‑visibility corner location on Main Street with consistent traffic.
- Newly renovated 984 (+/-) sq ft retail/office building.
- On‑site parking for customers and staff.
Financial Insights For Office B
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 | $14.8k | $15.00 |
| − Vacancy | −$2.1k | −$2.10 |
| EGI | $12.7k | $12.90 |
| − OpEx | −$3.2k | −$3.23 |
| NOI | $9.5k | $9.68 |
984 SF · lease $15.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$136.0K
$119.0K – $158.7K
NOI $9,520 @ 7.0% cap · market cap 3.47%
Second Best
Retail
$90.7K
$79.3K – $105.8K
NOI $6,346 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$178.1K
$155.9K – $207.8K
NOI $12,469 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Newly renovated retail/office building in Hedgesville's active community.
Where is this retail space located?
The property is located at 101 E MAIN St Hedgesville, WV.
What is the asking price?
The asking price for this property is $274,000.
What are key features of this property?
This property features: High‑visibility corner location on Main Street with consistent traffic.; Newly renovated 984 (+/-) sq ft retail/office building.; On‑site parking for customers and staff.
