805 7Th St, Unit Parkersburg Parkersburg, WV 26101
High-traffic commercial property with residential income potential in Parkersburg, WV.
Property size:
18 SFProperty Features for 805 7Th St
General Information
- Size
- 18 SF
Source:
Cbcworldwide
Listing Agency: COLDWELL BANKER COMMERCIAL SELECT PROPERTIES Listing Agent: Betsy Asbury-Parsons
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Parkersburg Investment Opportunity
Located on high-visibility Seventh Street in Parkersburg, West Virginia, this commercial property spans seven parcels in one of the city’s most trafficked areas. The main structure, formerly a nightclub, features a commercial kitchen, two full bars, public restrooms, and a dressing area, making it suitable for continued entertainment use or future redevelopment. The property also includes income-generating residential units with owner-paid utilities, ample parking, and an oversized three-car garage with garage apartments. The residential breakdown includes an attached owner's apartment with elevator access, two bedrooms, one full bath, and an open-concept kitchen/living area, plus two sleeping rooms with a shared bathroom, each renting for $500 per month. There are also two garage apartments above the oversized three-car garage, one with two bedrooms and one with one bedroom, each renting for $600 per month. A duplex features upper and lower units, each renting for $550 per month. Additionally, there are two units near the private courtyard, renting for $700 and $600 per month, respectively. The estimated gross monthly rental income is $5,600, based on full occupancy and current rental rates. This versatile property, with its multiple income streams, strong commercial potential, and prime location, presents an outstanding investment opportunity in the heart of Parkersburg. The property size is 18.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bars
Location Insight
- Map
- Local Demand
- City
- Parkersburg
- County
- Wood
- State
- West Virginia
- Longitude
- -81.5497135
- Latitude
- 39.2638994
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - High-traffic commercial property with residential income potential in Parkersburg, WV.
Where is this mixed-use property located?
The property is located at 805 7Th St, Unit Parkersburg Parkersburg, WV.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: - Prime location on high-visibility Seventh Street in Parkersburg, WV, ensuring high traffic and exposure.; - Multiple income streams from a mix of commercial and residential units, providing financial stability.; - Substantial estimated gross monthly rental income of $5,600 based on full occupancy.