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    408 Nicholas St Rupert, WV 25984

    Sponsored
    For Sale
    $525,000

    Established WV Eldercare Business - High ROI

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 24-bed assisted living facility, nestled on a 0.64-acre lot at 408 Nicholas St, Rupert, WV, presents a lucrative turnkey business opportunity. The property boasts a long-standing history of providing eldercare services within the Meadow River Valley region. The three-level building offers a comprehensive layout designed for optimal resident care and staff efficiency. The ground floor features three bedrooms, while the main level houses twelve additional bedrooms, all supported by three full bathrooms and three half bathrooms. A fully equipped kitchen and dining area cater to the residents' needs, complemented by dedicated office spaces and convenient laundry facilities. A significant advantage is the inclusion of a private, upper-level apartment, ideal for live-in management or staff. The facility's design prioritizes resident well-being and security, incorporating front and back porches for outdoor relaxation and alarmed doors for added safety. This established business offers a rare chance to acquire a profitable and well-regarded assisted living home in a desirable location. The asking price is $525,000. This represents a significant investment opportunity in a growing sector of the healthcare industry. The property is ready for immediate operation, minimizing the need for extensive renovations or upgrades. Serious inquiries are encouraged.

    Property Features for 408 Nicholas St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    27,878 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Wholesale Shop Hair Salon Building Supply Pharmacy Kitchen & Bath Food Market Accounting Firm Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rupert
    County
    Greenbrier
    State
    West Virginia
    Longitude
    -80.69286
    Latitude
    37.96355

    Nearby Comparable

    • $525,000
      6,758 SF

      Rupert Assisted Living Facility

      Established 24-bed assisted living home
      408 Nicholas St, Rupert, WV 25984
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      Turnkey Assisted Living Facility

      24-bed assisted living home in Rupert, WV with live-in apartment.
      408 Nicholas St, Rupert, WV 25984
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      Commercial Property on Route 60

      Versatile commercial property with road exposure and ample parking.
      202 Nicholas St, Rupert, WV 25984
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      Prime Rupert Commercial Property

      Established Restaurant, High Visibility, 0.74 Acres
      202 Nicholas St, Rupert, WV 25984
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      Commercial Building in Rainelle, WV

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    Nearby Similar for Sale

    • $525,000
      6,758 SF

      Turnkey Assisted Living Facility

      24-bed assisted living home in Rupert, WV with live-in apartment.
      408 Nicholas St, Rupert, WV 25984
      View Details
    • $149,900
      0.74 Acres

      Commercial Property on Route 60

      Versatile commercial property with road exposure and ample parking.
      202 Nicholas St, Rupert, WV 25984
      View Details
    • $525,000
      6,758 SF

      Rupert Assisted Living Facility

      Established 24-bed assisted living home
      408 Nicholas St, Rupert, WV 25984
      View Details
    • $150,000
      0.74 Acres

      Prime Rupert Commercial Property

      Established Restaurant, High Visibility, 0.74 Acres
      202 Nicholas St, Rupert, WV 25984
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Established WV Eldercare Business - High ROI
    Where is this commercial real estate located?
    The property is located at 408 Nicholas St Rupert, WV.
    What is the asking price?
    The asking price for this property is $525,000.
    (304) 645-5000
    Request Owner's contact information
    408 Nicholas St Rupert, WV 25984
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    Rupert, WV 25984
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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

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    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
    408 Nicholas St Rupert, WV 25984
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