Former Gas Station with Paved
1851 Coal Heritage Rd Bluewell, WV 24701
For Sale
$214,900
COMMERCIAL - BLUEWELL, WV
Property Size2,180 SF
Lot Size0.38 Acres
Price / SF$98.58
Days on Market51
Property Features for 1851 Coal Heritage Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
25/114
Size
2,180 SF
Lot size
0.38 Acres
Building Details
Year built
1951
Listing Agency:
ONE REALTY GROUP
(304) 920-6525
Listed By:
CHUCK HARVEY, GRI
(304) 887-3742
Added: Jun 10
Last Checked: Jul 30 at 5:06AM
MLS# 57137
Copyright © 2026 Mercer Tazewell Co BOR. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This former gas station property includes an existing building and a paved lot, offering a developed site for conversion to a new commercial use. The offering is supported by a straightforward, turnkey-style footprint that can be adapted for retail, office conversion, storage, or automotive-related operations, subject to all applicable approvals.
The property is located at 1851 Coal Heritage Rd in Bluewell, West Virginia, positioned along Coal Heritage Road on a well-traveled corridor. The site benefits from road frontage and convenient access, helping maintain its established presence for prospective retail or service users.
For buyers and operators seeking a commercial location with existing improvements, the combination of building space and paved parking supports a range of business models. The property may be suitable for a convenience store, automotive service business, general retail space, or other commercial venture, with final redevelopment plans dependent on required permitting and zoning approval.
The property is located at 1851 Coal Heritage Rd in Bluewell, West Virginia, positioned along Coal Heritage Road on a well-traveled corridor. The site benefits from road frontage and convenient access, helping maintain its established presence for prospective retail or service users.
For buyers and operators seeking a commercial location with existing improvements, the combination of building space and paved parking supports a range of business models. The property may be suitable for a convenience store, automotive service business, general retail space, or other commercial venture, with final redevelopment plans dependent on required permitting and zoning approval.
Key Highlights
- Former gas station property with an existing building and paved lot
- Commercial opportunity on Coal Heritage Road in Bluefield, WV
- High‑visibility site with strong road frontage and easy access
Financial Insights For Warehouse
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 | $13.1k | $6.00 |
| − Vacancy | −$785 | −$0.36 |
| EGI | $12.3k | $5.64 |
| − OpEx | −$1.8k | −$0.85 |
| NOI | $10.5k | $4.79 |
2,180 SF · lease $6.00/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Retail
$375.9K
$328.9K – $438.6K
NOI $26,314 @ 7.0% cap · market cap 12.24%
Second Best
Specialty Retail
$307.6K
$269.2K – $358.9K
NOI $21,532 @ 7.0% cap · market cap 10.02%
Theoretical Best
Multifamily LT 5
$1.41M
$1.23M – $1.64M
NOI $98,456 @ 7.0% cap · market cap 45.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Gas station - Former gas station property with an existing building and paved lot on a well-traveled road corridor.
Where is this gas station located?
The property is located at 1851 Coal Heritage Rd Bluewell, WV.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Former gas station property with an existing building and paved lot; Commercial opportunity on Coal Heritage Road in Bluefield, WV; High‑visibility site with strong road frontage and easy access
