Your AI Navigator in Commercial Real Estate
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

    545 Main St Follansbee, WV 26037

    Sponsored
    For Sale
    $78,000

    Historic building, huge potential, 3-bedroom apartment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This unique Follansbee, WV property at 545 Main Street presents a rare opportunity. A century-old establishment, formerly DeStefano's eatery and bar, is available for purchase. The property is being sold "AS IS, WHERE IS" and offers significant potential for restoration and revitalization. The main building includes a large, three-bedroom apartment upstairs, currently occupied by a tenant/owner who is relocating. This provides an immediate income stream or the possibility of owner-occupancy while developing the business below. The sale includes two additional lots, providing ample parking. The building's rich history and prime Main Street location offer a chance to create a thriving business and recapture the charm of a beloved hometown establishment. The property sits on a 0.05-acre lot. Serious inquiries only. The asking price is $78,000. This is an exceptional opportunity for an entrepreneur with vision to build a lasting legacy in the Follansbee community. The property's size is not specified.

    Property Features for 545 Main St

    General Information

    Property type
    Residential income properties
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1921
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Follansbee
    County
    Brooke
    State
    West Virginia
    Longitude
    -80.59538
    Latitude
    40.32261

    Nearby Comparable

    • $159,900
      0.35 Acres

      Follansbee Commercial Opportunity For Sale

      Commercial opportunity with multiple income-producing properties in the heart of Follansbee.
      800 Main St, Follansbee, WV 26037
      View Details
    • $99,900
      Pending

      Follansbee, WV Mixed-Use Property

      Storefront and apartment with high visibility and endless possibilities.
      830 Main St, Follansbee, WV 26037
      View Details
    • $95,000
      1,140 SF

      Follansbee Main Street Office Building

      Prime location, versatile office space, high traffic.
      1028 Main St, Follansbee, WV 26037
      View Details
    • $95,000
      1,140 SF

      Main Street Commercial Building

      Commercial building on Main Street suitable for various business types.
      1028 Main St, Follansbee, WV 26037
      View Details
    • $109,000
      3,072 SF

      Mingo Junction Duplex with Garage

      Well-maintained duplex with detached garage, ideal for investors or owners.
      126-127 Grandview Ave, Mingo Junction, OH 43938
      View Details
    • $109,000
      1,872 SF

      Mingo Junction Triplex Investment Opportunity

      Fully-rented triplex with income potential in a desirable location.
      128-130 Grandview Ave, Mingo Junction, OH 43938
      View Details
    • $30,000
      3,088 SF

      Mingo Junction Investment Opportunity

      Three residential properties in need of TLC, Mingo Junction, Ohio.
      273-305 Mclister Ave, Mingo Junction, OH 43938
      View Details
    • $40,000
      Pending

      Mingo Junction Triplex For Sale

      Triplex in Mingo Junction featuring a three-bedroom unit.
      328 Mclister Ave, Mingo Junction, OH 43938
      View Details
    • $1,250,000
      10.00 Acres

      Prime Development Land on Route 2

      10 acres of commercial land with high visibility and traffic.
      1620 Main St, Follansbee, WV 26037
      View Details
    • $75,000
      0.47 Acres

      Mingo Junction Commercial Land Parcel

      Corner lot near school with high visibility and development potential.
      School Hl, Mingo Junction, OH 43938
      View Details

    Nearby Similar for Sale

    • $159,900
      0.35 Acres

      Follansbee Commercial Opportunity For Sale

      Commercial opportunity with multiple income-producing properties in the heart of Follansbee.
      800 Main St, Follansbee, WV 26037
      View Details
    • $95,000
      1,140 SF

      Main Street Commercial Building

      Commercial building on Main Street suitable for various business types.
      1028 Main St, Follansbee, WV 26037
      View Details
    • $99,900
      Pending

      Follansbee, WV Mixed-Use Property

      Storefront and apartment with high visibility and endless possibilities.
      830 Main St, Follansbee, WV 26037
      View Details
    • $95,000
      1,140 SF

      Follansbee Main Street Office Building

      Prime location, versatile office space, high traffic.
      1028 Main St, Follansbee, WV 26037
      View Details

    FAQs

    What type of property is this?
    Residential income property - Historic building, huge potential, 3-bedroom apartment.
    Where is this residential income property located?
    The property is located at 545 Main St Follansbee, WV.
    What is the asking price?
    The asking price for this property is $78,000.
    (304) 242-9601
    Request Owner's contact information
    545 Main St Follansbee, WV 26037
    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.
    545 Main St
    Follansbee, WV 26037
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    545 Main St Follansbee, WV 26037
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.