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Storefront with Apartment Income Potential
For Sale
$145,000

366 Main St, Madison, WV 25130

Storefront with four apartments and expansion lots in Madison, WV.

Property SizeContact for details
Lot Size0.21 Acres
Days on Market288

Property Features for 366 Main St

General Information

Standard status Active
Lot size 0.21 Acres

Taxes and HOA fees

Annual Taxes $3,150
Listing Agency: Better Homes and Gardens Real Estate Central
Listed By: Nick Campbell · License #210301647
Source: Exprealty
Added: Jan 20 Changed: Nov 2 Last Checked: Nov 1 at 12:03PM

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 Better Homes and Gardens Real Estate Central

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Investment Insights

Based on property information with market context.

Located in Madison, West Virginia, this property presents an investment opportunity. The property, situated just off US-119 and approximately 40 minutes from Charleston, includes a partially equipped storefront that formerly operated as a restaurant. The storefront is equipped with all utilities, a walk-in freezer, and furnishings. Upstairs, there are four vacant apartments, each with separate access from the storefront and individual utilities, offering additional income potential. The property includes two adjacent flat lots, providing potential for expansion, development, or additional parking. Public street parking is also available. The property is suitable for running a business downstairs while collecting passive income from the apartments, or leasing both spaces for maximum returns.

Key Highlights

  • Partially equipped storefront (formerly a restaurant) with included utilities, walk‑in freezer, and furnishings.
  • Four vacant apartments upstairs with separate access and utilities for additional income.
  • Prime location off US‑119, 40 minutes from Charleston, WV.

Property Analytics

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Current Use

Restaurants

Suggested Use

Top Pick Real Estate Agency Hair Salon Parking Lot & Garage HVAC Service Spa & Massage Center Auto Parts Store

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

285
Businesses Nearby
Under-served
Demand for This Use

Demographics for 25130, WV

3,437
Population
1,623
Households
2.1
Avg Household Size
45
Median Age
19%
College-Educated
86%
High-School Grad
24.8 sq mi
ZIP Area
139
Density / Sq Mi
$51,316
Median Household Income
$29,056
Median Earnings
$1,059
Median Rent
$98,200
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?
Restaurant - Storefront with four apartments and expansion lots in Madison, WV.
Where is this restaurant located?
The property is located at 366 Main St Madison, WV.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Partially equipped storefront (formerly a restaurant) with included utilities, walk‑in freezer, and furnishings.; Four vacant apartments upstairs with separate access and utilities for additional income.; Prime location off US‑119, 40 minutes from Charleston, WV.
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