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    FOR SALE
    Turn key restaurants

    242 Barrett St, Grafton, WV 26354

    0.75 ac lot
    Individually Owned 14-yr Hold Free & Clear
    Property ID
    US94-0014071
    Property summary
    AI-generated overview

    This substantial commercial property located at 242 BARRETT Street in Grafton, West Virginia, presents a significant investment opportunity. The building encompasses a generous 7,214 square feet, offering ample space for a variety of commercial uses. Situated on a sizable 0.97-acre lot, the property provides ample room for expansion, parking, or outdoor operations. The asking price is $350,000. The property's versatility makes it suitable for a wide range of businesses, from retail and office spaces to light industrial or warehousing. Its location in Grafton offers access to a local market and potential for growth. The substantial square footage allows for multiple tenants or a single large-scale operation. Interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs. The property is being sold "as is," and potential buyers should be prepared to conduct thorough inspections and assessments before finalizing a purchase. This is a rare opportunity to acquire a large commercial property in a growing area at a competitive price. Serious inquiries only. Further details are available upon request.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Lot 0.75 ac (32,670 SF)
    APN 46-01- 14-0138.0000
    UPID US94-0014071
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jerrys Restaurant And Lounge · 14 yrs held
    Jerrys Restaurant And Lounge
    since 2011
    1 recorded transaction
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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