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Mixed-Use Property With Laundromat
For Sale
$599,999

258 Spruce Street, Thomas, WV 26292

Combines apartment living with laundromat and office/retail space.

Property Size5,616 SF
Price / SF$106.84
Days on Market1987

Property Features for 258 Spruce Street

General Information

Standard status Active
Size 5,616 SF
Property subtype Mixed Use

Additional Details

Business Included Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $2,288

Amenities

back porch access
private storage
3
Vinyl, Concrete, Laminate
Countertop System, Refrigerator
Rubber
Parking.
Paved Driveway, Off Street, Lot.
Sloped
100 x 120
Extra Storage. In City, State Road, Sloped.

Building Details

Year Built 1950
Buildings 1
Listing Agency: CRANSTON REAL ESTATE LLC
Listed By: Ron Whitehair
Source: Xome
Added: Mar 23, 2021 Changed: Aug 30 Last Checked: Aug 30 at 12:08AM

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 CRANSTON REAL ESTATE LLC

Investment Insights

Based on property information with market context.

This 5,616-square-foot mixed-use property, built in 1950, brings together six apartments, a laundromat, and office/retail space. The apartments are all electric and include studio and one-bedroom layouts, with access to back porches. The office component may accommodate retail use and includes private storage.

The laundromat is equipped with 8 commercial washers, 6 dryers, a wash sink, snack machine, and storage room. Paved and off-street parking is provided, along with a paved driveway. The property sits on a 100 x 120 lot in the city of Thomas at 258 Spruce Street.

Key Highlights

  • Six apartments with studio and 1 BR layouts
  • 5,616 SF mixed‑use building constructed in 1950
  • Laundromat includes 8 commercial washers and 6 dryers

Property Analytics

Current Use

Central Wv Center ... Medical Clinic

Suggested Use

Top Pick Electrical Service Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pet Grooming Service

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

Lease Details

6
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

Demographics for 26292, WV

806
Population
383
Households
2.1
Avg Household Size
52
Median Age
22%
College-Educated
87%
High-School Grad
28.7 sq mi
ZIP Area
28
Density / Sq Mi
$55,333
Median Household Income
$35,288
Median Earnings
$818
Median Rent
$152,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines apartment living with laundromat and office/retail space.
Where is this mixed-use property located?
The property is located at 258 Spruce Street Thomas, WV.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Six apartments with studio and 1 BR layouts; 5,616 SF mixed‑use building constructed in 1950; Laundromat includes 8 commercial washers and 6 dryers
More about this property
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