Flex Warehouse with Office
210 E Park Avenue Fairmont, WV 26554
For Sale
$349,000
Upgraded office space with kitchen, bathroom, and conference room plus over 4,000 sf of warehouse/storage.
Property Size4,203 SF
Price / SF$83.04
Days on Market385
Property Features for 210 E Park Avenue
General Information
- Standard status
- Active
- Size
- 4,203 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1946
Listing Agency:
PICKET FENCES REALTY, LLC
(304) 841-5025
Listed By:
Richard Henderson
(304) 841-5025
Source:
Xome
Added: Jul 5, 2025
Changed: Jul 23
Last Checked: Jul 23 at 6:36PM
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 PICKET FENCES REALTY, LLC
Investment Insights
Based on property information with market context.
This flex-style property combines upgraded office space with a sizable warehouse/storage area. The office includes a kitchen, bathroom, and a large conference room, providing a functional setup for day-to-day business needs. The warehouse/storage portion offers additional space for operations and storage. The upstairs area of the warehouse could be converted into living space or leased to a separate business, depending on how you want to use the property.
The property is located in downtown Fairmont, near the Palatine Park area, and is less than one mile from I-79.
Overall, the building offers a practical live-work or multi-use layout with dedicated office improvements and a substantial warehouse/storage component.
The property is located in downtown Fairmont, near the Palatine Park area, and is less than one mile from I-79.
Overall, the building offers a practical live-work or multi-use layout with dedicated office improvements and a substantial warehouse/storage component.
Key Highlights
- Upgraded office space includes kitchen, bathroom, and a large conference room
- More than 4,000 SF of warehouse/storage space
- Upstairs warehouse space could be converted into living space or leased as a separate business
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 | $37.8k | $9.00 |
| − Vacancy | −$2.6k | −$0.63 |
| EGI | $35.2k | $8.37 |
| − OpEx | −$5.3k | −$1.26 |
| NOI | $29.9k | $7.11 |
4,203 SF · lease $9.00/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$928.4K
$812.3K – $1.08M
NOI $64,987 @ 7.0% cap · market cap 18.62%
Second Best
Warehouse
$427.2K
$373.8K – $498.4K
NOI $29,902 @ 7.0% cap · market cap 8.57%
Theoretical Best
Multifamily LT 5
$25.79M
$22.56M – $30.08M
NOI $1,804,990 @ 7.0% cap · market cap 517.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Upgraded office space with kitchen, bathroom, and conference room plus over 4,000 sf of warehouse/storage.
Where is this flex space located?
The property is located at 210 E Park Avenue Fairmont, WV.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Upgraded office space includes kitchen, bathroom, and a large conference room; More than 4,000 SF of warehouse/storage space; Upstairs warehouse space could be converted into living space or leased as a separate business
