Mixed-Use Property on Robert C
2986 ROBERT C BYRD DRIVE Beckley, WV 25801
2986 ROBERT C BYRD DRIVE, Beckley, WV, 25801
$99,900
For Sale
$99,900
COMMERCIAL - BECKLEY, WV
Property Size948 SF
Lot Size0.17 Acres
Price / SF$105.38
Days on Market92
Property Features for 2986 ROBERT C BYRD DRIVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 948 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1945
Listing agency
OLD COLONY REALTORS
(304) 255-6555
Listed by
Ashley Staples
(304) 923-3790
Added: Apr 22 Updated: Jun 14 at 9:44PM Checked: Jul 22 at 4:06AM
MLS# 94783
Copyright © 2026 Beckley Board of Realtors. 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 mixed-use property is located on Robert C Byrd Drive and is zoned for both commercial and residential use. The property offers flexibility for various business opportunities, including office space, retail, rental income, or owner-occupant use. The property features paved parking in the front and a gravel parking area in the rear, accommodating more than 10 vehicles. It is conveniently located with easy access to area hospitals, shopping, and other amenities. The property also includes a full unfinished basement with a garage door, providing storage or expansion potential. The property has high traffic exposure and easy access. The lot size is 0.17 acres, and the property size is 948 square feet. The property is being sold AS-IS.
Key Highlights
- Mixed‑use zoning offers flexibility for various business opportunities
- High‑traffic location on Robert C Byrd Drive provides strong exposure and easy access
- Ample parking with paved front and gravel rear (accommodates 10+ vehicles)
Local Financial Insights For Retail
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 | $14.2k | $15.00 |
| − Vacancy | −$1.2k | −$1.25 |
| EGI | $13.0k | $13.76 |
| − OpEx | −$3.9k | −$4.13 |
| NOI | $9.1k | $9.63 |
948 SF · lease $15.00/SF/yr · vacancy 8.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$497.1K
$435.0K – $580.0K
NOI $34,797 @ 7.0% cap · market cap 34.83%
Second Best
Office B
$146.3K
$128.0K – $170.6K
NOI $10,238 @ 7.0% cap · market cap 10.25%
Theoretical Best
Multifamily LT 5
$558.6K
$488.8K – $651.7K
NOI $39,101 @ 7.0% cap · market cap 39.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strands Salon & Gifts
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Versatile commercial/residential property with high traffic exposure and ample parking.
Where is this mixed-use property located?
The property is located at 2986 ROBERT C BYRD DRIVE Beckley, WV.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Mixed‑use zoning offers flexibility for various business opportunities; High‑traffic location on Robert C Byrd Drive provides strong exposure and easy access; Ample parking with paved front and gravel rear (accommodates 10+ vehicles)
