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Mixed-Use Property With Riverfront Lots
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517 Elk St, Gassaway, WV 26624

MULTI_FAMILY - Gassaway, WV

Property Size4,295 SF
Days on Market5

Property Features for 517 Elk St

General Information

Property type Residential Multi Family
Property subtype Other
Standard status Active
Size 4,295 SF

Building Details

Year built 1963
Listing Agency: Kaufman Realty and Auctions
Listed By: Wayne Yoder
Added: Aug 7 Last Checked: Aug 11 at 8:06PM
MLS# 11924939

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use offering includes a 4,295-square-foot building constructed in 1963 at 517 Elk St, together with four separate surface-only parcels along the Elk River. The building is served by city water and sewer, while the riverfront parcels include open and wooded areas across multiple tract sizes.

The property is offered as five parcels, creating a flexible multi-parcel configuration for separate acquisition or combined ownership. River frontage and direct river access are identified for the lot parcels, with the property situated in Gassaway, West Virginia, in Braxton County. Parcel details include approximately 0.46 acre, 0.34 acre, 0.38 acres, and 0.34 acre for the four riverfront lots.

Key Highlights

  • 4,295 +/- Sq. Ft. multi‑use building constructed in 1963
  • Four separate Elk River frontage lots offered with the building
  • Five‑parcel offering supports individual or combined parcel bidding

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Auto Parts Store Pharmacy Big Box & Wholesale Store Furniture & Home Goods Skin Care Clinic

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

143
Businesses Nearby

Demographics for 26624, WV

2,507
Population
1,339
Households
1.9
Avg Household Size
47
Median Age
14%
College-Educated
83%
High-School Grad
78.4 sq mi
ZIP Area
32
Density / Sq Mi
$38,770
Median Household Income
$29,545
Median Earnings
$436
Median Rent
$89,100
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Five-parcel offering combines a multi-use building with four Elk River frontage lots and city water and sewer service.
Where is this mixed-use property located?
The property is located at 517 Elk St Gassaway, WV.
What are key features of this property?
This property features: 4,295 +/- Sq. Ft. multi‑use building constructed in 1963; Four separate Elk River frontage lots offered with the building; Five‑parcel offering supports individual or combined parcel bidding
More about this property
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