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Mixed-Use Property with Storefronts
For Sale
$1,409,999

318 High Street, Morgantown, WV 26505

Fully leased building with separately metered apartments and in-unit laundry.

Property SizeContact for details
Days on Market82

Property Features for 318 High Street

General Information

Standard status Active
Property subtype Multi-Unit/Income
Zoning Central Business

Building Details

Year Built 1920
Stories 4
Units 9
Listing Agency: MOUNTAIN RIDGE REALTY, LLC
Listed By: Stephanie Lemley
Source: Mtnridgerealty.idxbroker
Added: Jul 28 Changed: Oct 11 Last Checked: Oct 16 at 5:45AM

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 MOUNTAIN RIDGE REALTY, LLC

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Investment Insights

Based on property information with market context.

Built in 1920, this mixed-use property at 318 High Street combines three commercial storefronts with six residential apartments. The apartments are separately metered and include in-unit washer/dryer, central heating and air, plus access to a recently inspected fire alarm and sprinkler system.

The property is fully leased and carries Central Business zoning. Building improvements include newer roofs and upgraded ACs in some units, providing updated components across the asset. Its combination of street-level commercial space and residential units creates a single property with both storefront and apartment configurations.

Key Highlights

  • Three commercial storefronts and six residential apartments
  • Fully leased mixed‑use property at 318 High Street, Morgantown, WV 26505
  • Apartments are separately metered and include in‑unit washer/dryer

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Daycare Center Garden Center (Bike/Boat/Book/etc) Store HVAC Service Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,507
Businesses Nearby

Demographics for 26505, WV

39,057
Population
19,220
Households
2
Avg Household Size
27
Median Age
55%
College-Educated
93%
High-School Grad
12.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$42,275
Median Household Income
$24,042
Median Earnings
$942
Median Rent
$265,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased building with separately metered apartments and in-unit laundry.
Where is this mixed-use property located?
The property is located at 318 High Street Morgantown, WV.
What is the asking price?
The asking price for this property is $1,409,999.
What are key features of this property?
This property features: Three commercial storefronts and six residential apartments; Fully leased mixed‑use property at 318 High Street, Morgantown, WV 26505; Apartments are separately metered and include in‑unit washer/dryer
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