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    1 Washington St Ravenswood, WV 26164

    Sponsored
    For Sale
    $225,000

    Riverfront Office, Warehouse, Retail Opportunity

    Property size:
    6,358 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 6,358 square foot commercial property, located at 1 Washington Street Unit 1 in Ravenswood, West Virginia, presents a unique investment opportunity. Situated on a 0.54-acre lot, this versatile space is ideal for a variety of businesses, including retail, warehouse, restaurant, or industrial operations. Enjoy stunning river views, a significant advantage for attracting customers and employees. The property boasts ample parking, a crucial element for customer convenience and employee satisfaction. The building itself comprises both office space and warehouse space, providing flexibility to accommodate diverse business needs. Its prime location on Washington Street ensures high visibility, being one of the first businesses encountered upon entering Ravenswood, guaranteeing significant traffic exposure. This high-traffic location offers unparalleled potential for business growth and success. The asking price for this remarkable property is $225,000. Don't miss this chance to establish your business in a thriving community with a property that offers both visibility and functionality. The combination of river views, ample parking, and a versatile layout makes this an exceptional opportunity for an entrepreneur seeking a strong foundation for their next venture. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 1 Washington St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,358 SF
    Lot Size
    23,522 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ravenswood
    County
    Jackson
    State
    West Virginia
    Longitude
    -81.75682
    Latitude
    38.94164

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    Nearby Similar for Sale

    • $449,000
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      Ravenswood Commercial Property For Sale

      Commercial building in Ravenswood, WV, suitable for various business purposes.
      516 Washington St, Ravenswood, WV 26164
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      Ravenswood Mixed-Use Investment Opportunity

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      Downtown Ravenswood Mixed-Use Investment

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    FAQs

    What type of property is this?
    Office Property / Space - Riverfront Office, Warehouse, Retail Opportunity
    Where is this office property / space located?
    The property is located at 1 Washington St Ravenswood, WV.
    What is the asking price?
    The asking price for this property is $225,000.
    (304) 273-9600
    Request Owner's contact information
    1 Washington St Ravenswood, WV 26164
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    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
    1 Washington St Ravenswood, WV 26164
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