Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Beckley Mixed-Use Investment Title is generated by Realmo AI

    327 W Neville, Beckley, WV 25801

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Four-story commercial building with restaurant, bar, and apartments.

    Type:Business for Sale
    Property size:
    2,800 SF
    Price / SF:
    $125/SF
    Added:
    May 12, 2026
    Days on Market:
    16
    Last Refresh:
    May 16 at 8:47 pm

    Property Features for 327 W Neville

    General Information

    Standard status
    Active
    Size
    2,800 SF
    Property subtype
    Business for Sale

    Building Details

    Year Built
    1940

    We can help!

    Listing Contact
    Brian Brown

    Listing agent Brian Brown License #WVB240301004

    Listing office Transcend Realty

    Listing date May 12, 2026

    Source Crexi

    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 Transcend Realty

    HighLights

    • Street‑level restaurant and bar space with equipment included, offering a turnkey opportunity.
    • Three income‑producing apartments currently rented.
    • Prime downtown Beckley location near shopping, dining, and local businesses.
    • Mixed‑use commercial building with multiple income streams.
    • One apartment ready for cosmetic updates to increase rental income.
    • Additional fifth unit with development potential for increased property value.

    Overview

    This four-story mixed-use commercial building is located in downtown Beckley. The property features a street-level restaurant and bar space, with equipment included in the sale. The upper two floors contain three rented residential apartments currently generating income. There is one additional apartment unit in need of cosmetic rehabilitation, plus a fifth unit with development potential. The property offers multiple income streams with upside through apartment renovations and additional unit development. It is located near shopping, dining, and local businesses, and presents an excellent opportunity for owner-users or investors.
    Location Intelligence

    Current Use by Public Records

    Cheers of Beckley Nightclub

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beckley
    County
    Raleigh
    State
    West Virginia
    Longitude
    -81.1905141
    Latitude
    37.7765735

    Nearby Similar for Sale

    • $165,000
      2,850 SF

      Versatile Property Near Downtown Beckley

      Adaptable property with updates, suitable for residential or commercial use.
      400 City Ave, BECKLEY, WV 25801
      View Details
    • $165,000
      2,850 SF

      Versatile Commercial Property in Beckley

      2,850 SF property with B1 zoning near downtown Beckley.
      400 City Ave, BECKLEY, WV 25801
      View Details
    • $224,900
      2,428 SF

      Renovated Multi-Use Building, Beckley

      Renovated commercial building suitable for medical, salon, or office use.
      1555 Harper Road, BECKLEY, WV 25801
      View Details
    • $907,500
      14,622 SF

      Updated Office Building in Beckley

      Impressive 14,622 SF office building in WVU Tech district.
      328 NEVILLE STREET, BECKLEY, WV 25801
      View Details
    • $385,000
      2,028 SF

      High-Visibility Corner Store in Beckley

      Prime commercial property with excellent visibility and versatile retail layout.
      745 S Kanawha, BECKLEY, WV 25801
      View Details
    • $139,900
      4,130 SF

      Versatile Commercial Building Near Interstate

      Adaptable commercial building with high visibility and ample parking.
      154 NEPTUNE DR, BECKLEY, WV 25801
      View Details
    • $1,250,000
      8,808 SF

      Renovated Landmark in Beckley, WV

      8,808 sq ft renovated commercial property near WVU Tech.
      403 NEVILLE STREET, BECKLEY, WV 25801
      View Details
    • $135,000
      1,950 SF

      Office/Warehouse Commercial Building For Sale

      Well-maintained office/warehouse with easy access to I-77, great investment.
      568 Harper Park Dr, BECKLEY, WV 25801
      View Details
    • $1,499,900
      7,595 SF

      Prime Commercial Office Space Beckley

      7,500+ sq ft commercial office space in Beckley, WV.
      353 RAGLAND RD, BECKLEY, WV 25801
      View Details
    • $1,500,000
      20,000 SF

      Commercial Property Near Rails to Trails

      Six buildings with redevelopment potential near a growing tourism market.
      Central Ave, BECKLEY, WV 25801
      View Details
    • $350,000
      2,800 SF

      Mixed-Use Commercial Building in Beckley

      Four-story mixed-use building with restaurant, bar, and apartments.
      327 W NEVILLE, BECKLEY, WV 25801
      View Details
    • $149,900
      1,800 SF

      Prime Commercial Warehouse For Sale

      High-visibility commercial property with loading dock in high-traffic location.
      201 CITY AVENUE, BECKLEY, WV 25801
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Four-story commercial building with restaurant, bar, and apartments.
    Where is this mixed-use property located?
    The property is located at 327 W Neville Beckley, WV.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Street‑level restaurant and bar space with equipment included, offering a turnkey opportunity.; Three income‑producing apartments currently rented.; Prime downtown Beckley location near shopping, dining, and local businesses.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Brown
    Real Estate License ID: WVB240301004
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    327 W Neville, Beckley, WV 25801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!