Multi-Suite Medical Office
For Sale
$1,399,000
20 New Hope Road, Princeton, WV 24740
Commercial Sale, PRINCETON, WV
Property Size39,000 SF
Price / SF$35.87
Days on Market796
Property Features for 20 New Hope Road
General Information
Property type
Commercial Sale
Property subtype
Other
Half bathrooms
4
Rooms
Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 3
Elementary school district
East River
Middle school district
East River
High school district
East River
Directions
From Princeton WV Rt 20 ( New Hope Road) approximately 5 miles from mercer County Courthouse, Entrance to Quail Valley
Subdivision
Mercer
Standard status
Active
APN
16/133.1
Size
39,000 SF
Amenities
waiting rooms
handicap restrooms
outside entrances
individual HVAC systems
Building Details
Year built
1968
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES FOUR SEASONS SELECT PROP
(304) 425-7563
Listed By:
DALE CARTER · License #0016625
(304) 320-1565
Added: Jun 17, 2024
Changed: Aug 19
Last Checked: Aug 21 at 1:06AM
MLS# 53255
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 39,000-square-foot medical office property in Princeton, West Virginia, includes multiple suites with waiting areas, individual HVAC systems, and partitioned interiors that can be configured for occupant needs. The building was developed in stages from 1968 through 1983 and has supported outpatient medical offices over time. A pharmacy also operated at the property previously.
A maintained elevator serves the building, while additional exterior entrances support ambulatory access. Handicap restrooms are located on every floor, and the property includes four bathrooms. The layout combines shared building features with suite-level mechanical systems and multiple access points.
The property is located at 20 New Hope Road, Princeton, WV 24740. Its medical-office configuration, elevator, accessible facilities, and flexible suite partitions provide the primary physical characteristics of the offering.
A maintained elevator serves the building, while additional exterior entrances support ambulatory access. Handicap restrooms are located on every floor, and the property includes four bathrooms. The layout combines shared building features with suite-level mechanical systems and multiple access points.
The property is located at 20 New Hope Road, Princeton, WV 24740. Its medical-office configuration, elevator, accessible facilities, and flexible suite partitions provide the primary physical characteristics of the offering.
Key Highlights
- 39,000 square feet of medical office space
- Building developed in stages from 1968 through 1983
- Multiple suites with partitioned interiors and individual HVAC systems
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 24740, WV
16,238
Population
8,069
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
89%
High-School Grad
30.6 sq mi
ZIP Area
531
Density / Sq Mi
$46,272
Median Household Income
$39,867
Median Earnings
$831
Median Rent
$133,200
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Functional suites include waiting areas, individual HVAC systems, accessible restrooms, and several exterior entrances.
Where is this medical office space located?
The property is located at 20 New Hope Road Princeton, WV.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 39,000 square feet of medical office space; Building developed in stages from 1968 through 1983; Multiple suites with partitioned interiors and individual HVAC systems
