Building Details

Year Built 1990

Building Size 6,050 SF

Construction masonry

Tenancy Single

Listing Agency: Berkshire Hathaway HomeServices Professional Realty

Listed By: Steven M Shaver · License #29911 Show Phone

Source: Theacclaimedrealty

Added: Sep 7 Last Checked: Sep 7 at 3:03PM

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Investment Insights

Based on property information with market context.

This 6,050-square-foot masonry storefront was built in 1990 and occupies a 3/4-acre parcel. The interior is arranged as an open-concept commercial space, with shelving and remaining retail display fixtures available by negotiation. Recent improvements include a new roof, new HVAC units, and high-bay LED lighting.

The property is located at 516 Washington St in Ravenswood, West Virginia, and carries commercial zoning. Its configuration supports office, retail, medical, recreational, and child care uses identified for the space. Showings require coordination with the agent, and the security system must be disarmed for access.

Key Highlights

• 6,050‑square‑foot masonry building on a 3/4‑acre lot
• New roof and HVAC units
• Interior high‑bay LED lighting

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Hair Salon Kitchen & Bath Showroom Bakery

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

Lease Details

Single-tenant

Tenancy

NNN (Triple Net)

Lease Type

$1.04 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

364

Businesses Nearby

57k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 52% Shops & Services 48%

McDonald's Dining

13,265 visits/mo 0.1 miles

Wendy's Dining

9,307 visits/mo 0.3 miles

Dollar Tree Shops & Services

7,400 visits/mo 0.2 miles

BP Shops & Services

7,262 visits/mo 0.1 miles

Speedway Shops & Services

5,951 visits/mo 0.4 miles

Demographics for 26164, WV

7,674

Population

3,364

Households

2.3

Avg Household Size

44

Median Age

17%

College-Educated

90%

High-School Grad

102.2 sq mi

ZIP Area

75

Density / Sq Mi

$48,250

Median Household Income

$36,182

Median Earnings

$900

Median Rent

$136,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Ravenswood Floral & Gifts — 512 Washington St, Ravenswood, WV 26164

Frequently Asked Questions

What type of property is this?

Storefront property - Updated commercial building offering flexible space for office, retail, medical, recreational, or child care operations.

Where is this storefront property located?

The property is located at 516 Washington St Ravenswood, WV.

What is the lease rate?

The lease rate is $3,500/Mo.

What are key features of this property?

This property features: 6,050‑square‑foot masonry building on a 3/4‑acre lot; New roof and HVAC units; Interior high‑bay LED lighting