Bridgeport Commercial Building with Owner
170 Thompson Dr Bridgeport, WV 26330
170 Thompson Dr, Bridgeport, WV, 26330
Contact for pricing
For Sale
Contact for pricing
Pending
Versatile office space in Bridgeport, suitable for various business needs.
Property Size18,000 SF
Days on Market883
Property Features for 170 Thompson Dr
General Information
- Standard status
- Pending
- Size
- 18,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1976
Listing agency
Homefinders Plus Real Estate Inc
(412) 499-1362
Listed by
Francesca Merandi Pollick · License #WV S210301635
Source
Crexi
Added: Feb 19, 2024 Updated: Jul 6 at 8:01AM Checked: Jul 21 at 1:54PM
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 Homefinders Plus Real Estate Inc
Investment Insights
Based on property information with market context.
This commercial building, located in Bridgeport, offers approximately 18,000 square feet of office space. The two-story structure features a window exterior that provides natural light and panoramic views. The building has undergone recent exterior renovations, including a new stone facade and parking lot. The interior includes modernized sections ready for immediate use, as well as areas that have been demoed or await renovation, offering opportunities for remodeling or redevelopment. The property is adaptable for businesses seeking turnkey solutions and customizable spaces. The clear span structure is currently 15% leased with two established tenants. Owner financing is available. The property is for sale and/or lease.
Key Highlights
- Owner financing available.
- Prime central location in Bridgeport, minutes from I‑79.
- Approximately 18,000 sq ft of versatile office space.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $205.2k | $11.40 |
| − Vacancy | −$30.8k | −$1.71 |
| EGI | $174.4k | $9.69 |
| − OpEx | −$43.6k | −$2.42 |
| NOI | $130.8k | $7.27 |
18,000 SF · lease $11.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.87M
$1.64M – $2.18M
NOI $130,815 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.56M
$3.12M – $4.16M
NOI $249,305 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Versatile office space in Bridgeport, suitable for various business needs.
Where is this office building located?
The property is located at 170 Thompson Dr Bridgeport, WV.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Owner financing available.; Prime central location in Bridgeport, minutes from I‑79.; Approximately 18,000 sq ft of versatile office space.
