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Waterfront Mixed-Use Development Land
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1009 University Ave, Morgantown, WV 26505

Waterfront development site with B4 zoning, allowing up to 90% lot coverage and 120-foot height.

Property SizeContact for details
Lot Size0.46 Acres
Days on Market134

Property Features for 1009 University Ave

General Information

Standard status Active
Lot size 0.46 Acres
Property subtype Retail, Office, Mixed Use
Zoning B4

Additional Details

Opportunity Zone Yes
Listing Agency: Totum Realty Advisors
Listed By: Michael Castle · License #WV 0001066
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 14 at 7:32AM

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 Totum Realty Advisors

Investment Insights

Based on property information with market context.

This .46-acre waterfront land parcel is made up of Parcel 28A 5.1 and a portion of 28A 5, positioned for mixed-use development. The site overlooks Hazel "Ruby" McQuain Park and Amphitheater on the Mon River, with an easy pedestrian connection described as a stroll to WVU’s main campus and downtown Morgantown.

The property is located in an opportunity zone at the intersection of Garrett Street and University Avenue, directly across from a new Sheetz site on University Avenue and the Morgantown riverfront. The park is currently undergoing a $4,000,000.00 renovation and upgrade, which may support future activity around the location.

Zoned B4, the parcel is described as allowing the highest by-right yield in Morgantown, with up to 90% lot coverage and a maximum height of 120 feet, and the asset is positioned to capture river and park views.

Key Highlights

  • .46‑acre mixed‑use development site in Downtown Morgantown with riverfront views overlooking Hazel “Ruby” McQuain Park and Amphitheater
  • Located at the intersection of Garrett Street and University Avenue, directly across from the new Sheetz and on the Morgantown riverfront
  • Opportunity zone location

Property Analytics

Current Use

Asian Bodywork Massage Alternative Medicine Practice

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Auto Repair Shop Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,485
Businesses Nearby

Demographics for 26505, WV

39,057
Population
19,220
Households
2
Avg Household Size
27
Median Age
55%
College-Educated
93%
High-School Grad
12.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$42,275
Median Household Income
$24,042
Median Earnings
$942
Median Rent
$265,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Waterfront development site with B4 zoning, allowing up to 90% lot coverage and 120-foot height.
Where is this commercial land located?
The property is located at 1009 University Ave Morgantown, WV.
What are key features of this property?
This property features: .46‑acre mixed‑use development site in Downtown Morgantown with riverfront views overlooking Hazel “Ruby” McQuain Park and Amphitheater; Located at the intersection of Garrett Street and University Avenue, directly across from the new Sheetz and on the Morgantown riverfront; Opportunity zone location
(304) 290-7826 Call to check price and availability
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