Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    108 W Main St Hedgesville, WV 25427

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $275,000

    Charming 2-story historical building in Hedgesville, West Virginia.

    Lot size:
    0.11 Acres

    Property Features for 108 W Main St

    General Information

    Standard status
    Active
    Lot size
    0.11 Acres

    Building Details

    Year built
    1900

    We can help!

    Listing Contact
    Teresa R Evans-Johnson
    Source: Corcoran

    Listing Agency: BURCH REAL ESTATE GROUP, LLC Listing Agent: Teresa R Evans-Johnson

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

    Learn more

    Overview

    Historical Hedgesville Commercial Building For Sale

    Located in the heart of Hedgesville, this 2-story building, originally built in the 1840s, is listed on the Historical Register. The interior spans 1800 square feet and features hardwood floors. A new roof was installed in 2019, along with an electrical upgrade. Once known as Nelson's Supply Company, the building formerly served as the town's Post Office. The property is currently zoned commercial, but could potentially be rezoned as residential, pending Town Council review. The building is located in a community that hosts events such as Hedgesville Heritage Days. Personal effects inside the structure will be removed or could be negotiable items in the sale.
    Location Intelligence

    Current Use by Public Records

    Dehaven Construction Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hedgesville
    County
    Berkeley
    State
    West Virginia
    Longitude
    -77.9943447
    Latitude
    39.553034

    Nearby Similar for Sale

    • New
      $349,900
      2,950 SF

      Well-Maintained Hedgesville Triplex For Sale

      Triplex with three units, ample parking, and commuter convenience.
      257 School House Dr, Hedgesville, WV 25427
      View Details
    • $274,000

      Renovated Retail/Office Building For Sale

      Newly renovated retail/office building on a busy corner.
      101 W Main St, Hedgesville, WV 25427
      View Details
    • $615,000

      Hedgesville Specialty Property For Sale

      Specialty property available for purchase in Hedgesville, West Virginia.
      97 Elnina Dr, Hedgesville, WV 25427
      View Details
    • $360,000

      Specialty Property on Pee Wee

      Specialty property available for sale on Pee Wee Lane.
      757 Pee Wee Ln, Hedgesville, WV 25427
      View Details
    • $335,000

      Specialty Property for Sale

      Specialty property available for purchase.
      259 Nemacolin Trl, Hedgesville, WV 25427
      View Details
    • $474,900

      Specialty Property in Hedgesville, WV

      Specialty property available for sale in Hedgesville, West Virginia.
      988 Tub Run Hollow Rd, Hedgesville, WV 25427
      View Details
    • $380,000

      Nemacolin Trail Specialty Property

      Specialty property available for sale on Nemacolin Trail.
      194 Nemacolin Trl, Hedgesville, WV 25427
      View Details
    • $329,900

      Hedgesville Specialty Property for Sale

      Specialty property available in Hedgesville, West Virginia.
      119 Palm Ln, Hedgesville, WV 25427
      View Details
    • $799,900

      Hedgesville Specialty Property For Sale

      Specialty property available for purchase in Hedgesville, West Virginia.
      472 Coon Hollow Trl, Hedgesville, WV 25427
      View Details
    • $399,900

      Specialty Property for Sale

      Specialty property available for purchase.
      454 Barksdale Ln, Hedgesville, WV 25427
      View Details
    • $449,900

      Hedgesville Specialty Property For Sale

      Specialty property available for purchase in Hedgesville, West Virginia.
      207 Rhododendron Dr, Hedgesville, WV 25427
      View Details
    • $720,000

      Specialty Property for Sale

      Specialty property available for purchase.
      80 Varick Trl, Hedgesville, WV 25427
      View Details

    FAQs

    What type of property is this?
    Storefront property - Charming 2-story historical building in Hedgesville, West Virginia.
    Where is this storefront property located?
    The property is located at 108 W Main St Hedgesville, WV.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Historical Significance: Rare gem on the Historical Register, originally built in the 1840's.; - New roof and electrical upgrade installed in 2019.; - Spacious Interior: Features an enchanting 1800 square feet interior with surprisingly large rooms.
    (304) 279-8140
    Request Owner's contact information
    108 W Main St Hedgesville, WV 25427
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    108 W Main St
    Hedgesville, WV 25427
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    108 W Main St Hedgesville, WV 25427
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Teresa R Evans-Johnson
    (304) 279-8140 (681) 252-3002
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!