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Property profile & analytics
OFF-MARKET
Retail space

331 Madison Ave Madison, WV 25130-1510

0.22 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US94-0239116
Property summary
AI-generated overview

This exceptional 3,516 square foot office building, situated on a 0.32-acre lot at 331 Madison Avenue, Madison, WV, presents a remarkable investment opportunity. Built in 2006 and boasting a brand-new metal roof installed in April 2024, this single-level property offers versatile space ideal for a variety of businesses. Currently configured into three or four distinct sections, it's perfectly suited for retail, office space, distribution, or manufacturing uses. Two sections are currently generating rental income, providing immediate return on investment. The potential exists to lease all sections, or retain some space for personal use while rental income covers expenses. The property includes all stainless steel kitchen equipment (excluding tables), a new oven (installed less than two weeks ago), ample shelving, and attractive display cases. Unique shelving and charming architectural details add character. Convenient storage areas are also available. The building is handicap accessible and benefits from abundant off-street parking. This prime location offers exceptional visibility and accessibility, making it an ideal choice for entrepreneurs seeking a ready-to-occupy space to launch or expand their business. Don't miss this chance to secure a thriving business location with significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.22 ac (9,409 SF)
APN 03-03- 13-0027.0000
UPID US94-0239116
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
Current use
Occupant on record · Public records
  • Gourmet Granny Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Coop Trailhead Rentals LLC · 4 yrs held
Coop Trailhead Rentals LLC
since 2022
Last sale
$86,500
1 recorded transaction
2022
$86,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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