Storefront Building with
1065 1067 Main Street, Wheeling, WV 26003
For Sale
$650,000
Commercial zoning and space described for retail or dining use.
Property Size12,978 SF
Price / SF$50.08
Days on Market18
Property Features for 1065 1067 Main Street
General Information
Standard status
Size
Zoning
Amenities
Cellar
true
Square Feet
City
5662.8
0.13
Block
12978
Building Details
Building Size
Year Built
Stories
Listing Agency:
First Choice Realtors
(304) 242-9601
Listed By:
Salesperson Deanna Funari
Source:
Karenullomrealty
Added: Oct 21
Changed: Nov 7
Last Checked: Nov 7 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Choice Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property at 1065 and 1067 Main Street contains 12,978 square feet and includes a cellar. The building dates to 1900, and its zoning is Commercial. Retail and dining are identified as potential uses for the space.
Key Highlights
- 12,978 square feet across the storefront property
- Cellar included
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,824
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$976,480
$976.5K
Cap Rate 7%
$697,486
$697.5K
Cap Rate 9%
$542,489
$542.5K
Market Conditions
NOI Build-Up for 12,978 SF
Gross rent
$76.3K $5.88/SF
− Vacancy
−$6.6K −$0.51/SF
EGI
$69.7K $5.37/SF
− OpEx
−$20.9K −$1.61/SF
NOI
$48.8K $3.76/SF
Area
Ohio County, WV
Vacancy
8.60%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$976,480
Cap Rate 7%
$697,486
Cap Rate 9%
$542,489
Alternative Uses
Best Use
Retail
$697.5K
$610.3K – $813.7K
NOI $48,824 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$78.65M
$68.82M – $91.76M
NOI $5,505,405 @ 7.0% cap · market cap 846.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 26003, WV
40,591
Population
20,853
Households
1.9
Avg Household Size
45
Median Age
33%
College-Educated
94%
High-School Grad
91.1 sq mi
ZIP Area
446
Density / Sq Mi
$58,625
Median Household Income
$39,042
Median Earnings
$823
Median Rent
$164,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Laupp Florist LLC — 1109 Eoff St, Wheeling, WV 26003
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial zoning and space described for retail or dining use.
Where is this storefront property located?
The property is located at 1065 1067 Main Street Wheeling, WV.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 12,978 square feet across the storefront property; Cellar included; Commercial zoning
