Back to Search
Downtown Beckley Mixed-Use Investment

327 W Neville Beckley, WV 25801

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:
62
Last Refresh:
Jun 25 at 4:40 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

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


Investment Insights

Based on property information with market context.

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.

Key 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.

Local Financial Insights For Specialty 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 $38.6k $13.80
− Vacancy −$3.2k −$1.13
EGI $35.5k $12.67
− OpEx −$8.9k −$3.17
NOI $26.6k $9.50
2,800 SF · lease $13.80/SF/yr · vacancy 8.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$380.1K
$332.6K – $443.4K (±1% cap)
NOI $26,604 @ 7.0% cap · market cap 7.60%
Second Best
Mixed Use
$270.0K
$236.3K – $315.0K (±1% cap)
NOI $18,900 @ 7.0% cap · market cap 5.40%
Theoretical Best
Multifamily LT 5
$1.65M
$1.44M – $1.92M (±1% cap)
NOI $115,488 @ 7.0% cap · market cap 33.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Cheers of Beckley Nightclub

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Nail Salon Storage Facility Hair Salon Kitchen & Bath Showroom Spa & Massage Center Auto Parts Store

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

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.
Contact an agent
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