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    65 Spring Ave Petersburg, WV 26847

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    For Sale
    $350,000

    Versatile commercial building with income potential in a prime location.

    Lot size:
    0.70 Acres

    Property Features for 65 Spring Ave

    General Information

    Lot size
    0.70 Acres

    Building Details

    Year built
    1988

    Source: Potomac River Properties, LLC Agent Joyce Riggleman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Investment Property in Petersburg

    This commercial investment property is located in Petersburg, West Virginia. The 4,510 square foot building is situated on a 0.703-acre lot. It features a paved public access entrance and paved parking lots in the front and rear of the building. The property is currently tenant-occupied, providing immediate rental income. The layout and location of the building make it suitable for various purposes, including a medical office, professional suites, or retail space. This property offers flexibility for future use and the opportunity to own a commercial location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Mountainview Veterinary Services

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Grant
    State
    West Virginia
    Longitude
    -79.1209691
    Latitude
    38.9905162

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    FAQs

    What type of property is this?
    Medical office - Versatile commercial building with income potential in a prime location.
    Where is this medical office located?
    The property is located at 65 Spring Ave Petersburg, WV.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Immediate rental income from tenant-occupied status.; - Prime commercial location in the heart of Petersburg, WV.; - Versatile 4,510 sq. ft. building suitable for medical, professional, or retail use.
    (304) 257-7665
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    65 Spring Ave Petersburg, WV 26847
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