Marina Property with Metal
For Sale
$625,000
200 Dodge Ave, Williamstown, WV 26187
Corner commercial property near the Ohio River public boat ramp, with connected electrical service and commercial or residential zoning.
Property Size10,352 SF
Lot Size0.21 Acres
Price / SF$60.37
Days on Market58
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Property Features for 200 Dodge Ave
General Information
Standard status
Active
Size
10,352 SF
Lot size
0.21 Acres
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Year Built
1968
Buildings
1
Building Size
10,352 SF
Construction
metal building
Listing Agency:
Coldwell Banker Commercial Select Properties
Listed By:
Betsy L Asbury-Parsons · License #230302633
(304) 422-6000
Source:
Theacclaimedrealty
Added: Aug 19
Changed: Sep 15
Last Checked: Oct 7 at 1:31PM
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 Coldwell Banker Commercial Select Properties
Investment Insights
Based on property information with market context.
This marina property combines three level lots totaling approximately 9,324 square feet with a 10,352-square-foot metal building. The structure was built in 1968 and is currently occupied by Al-Cott Marine Service, a boat repair and storage business operating continuously since 1969. Connected electrical service is in place, while public water and sewer utilities are available in the area.
The site occupies the corner of WV Route 14 and Dodge Ave, with approximately 148 feet of road frontage and a total site dimension of approximately 148 feet by 63 feet. The public boat ramp and Ohio River are steps away, placing the property near established boating and fishing activity. Zoning permits commercial or residential use, subject to city restrictions prohibiting medical marijuana dispensary and adult entertainment uses.
The site occupies the corner of WV Route 14 and Dodge Ave, with approximately 148 feet of road frontage and a total site dimension of approximately 148 feet by 63 feet. The public boat ramp and Ohio River are steps away, placing the property near established boating and fishing activity. Zoning permits commercial or residential use, subject to city restrictions prohibiting medical marijuana dispensary and adult entertainment uses.
Key Highlights
- 10,352‑square‑foot metal building on three level lots totaling approximately 9,324 square feet
- Corner at WV Route 14 and Dodge Ave with approximately 148 feet of road frontage
- Steps from the Williamstown public boat ramp and Ohio River access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,255
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,065,100
$1.1M
Cap Rate 7%
$760,786
$760.8K
Cap Rate 9%
$591,722
$591.7K
Market Conditions
NOI Build-Up for 10,352 SF
Gross rent
$68.3K $6.60/SF
− Vacancy
−$5.7K −$0.55/SF
EGI
$62.7K $6.05/SF
− OpEx
−$9.4K −$0.91/SF
NOI
$53.3K $5.14/SF
Area
Wood County, WV
Vacancy
8.30%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,065,100
Cap Rate 7%
$760,786
Cap Rate 9%
$591,722
Alternative Uses
Best Use
Warehouse
$760.8K
$665.7K – $887.6K
NOI $53,255 @ 7.0% cap · market cap 8.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.85M
$2.50M – $3.33M
NOI $199,752 @ 7.0% cap · market cap 31.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 26187, WV
6,209
Population
2,921
Households
2.1
Avg Household Size
45
Median Age
35%
College-Educated
96%
High-School Grad
21.5 sq mi
ZIP Area
289
Density / Sq Mi
$80,714
Median Household Income
$44,571
Median Earnings
$865
Median Rent
$183,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Marina - Corner commercial property near the Ohio River public boat ramp, with connected electrical service and commercial or residential zoning.
Where is this marina located?
The property is located at 200 Dodge Ave Williamstown, WV.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 10,352‑square‑foot metal building on three level lots totaling approximately 9,324 square feet; Corner at WV Route 14 and Dodge Ave with approximately 148 feet of road frontage; Steps from the Williamstown public boat ramp and Ohio River access
