Mixed-Use Property with
606 Harris Highway, Parkersburg, WV 26101
For Sale
$299,000
Restaurant and beauty salon spaces share a building, with kitchen equipment and furnishings included in the sale.
Property Size1,624 SF
Price / SF$184.11
Days on Market51
Property Features for 606 Harris Highway
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Furnished
Equipment Included
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Scout MOV Realty LLC
(304) 312-4905
Listed By:
Mary Jo Childers
(304) 771-5111
Source:
Kimberlysrealtycorp
Added: Sep 25
Changed: Nov 12
Last Checked: Nov 13 at 8:39AM
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 Scout MOV Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1995, this commercial property combines a restaurant and beauty salon in one building. The restaurant has a functioning kitchen with a fryer, grill and ice machine. Restaurant tables, chairs and other contents, along with the salon contents, are included. The property is offered as-is.
Located on Harris Highway in Parkersburg, the site has a large parking lot and is zoned Commercial.
Located on Harris Highway in Parkersburg, the site has a large parking lot and is zoned Commercial.
Key Highlights
- Restaurant and beauty salon occupy the same building
- Kitchen includes a fryer, grill and ice machine
- Restaurant tables, chairs and contents convey with the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,354
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,080
$427.1K
Cap Rate 7%
$305,057
$305.1K
Cap Rate 9%
$237,267
$237.3K
Market Conditions
NOI Build-Up for 1,624 SF
Gross rent
$29.2K $18.00/SF
− Vacancy
−$760 −$0.47/SF
EGI
$28.5K $17.53/SF
− OpEx
−$7.1K −$4.38/SF
NOI
$21.4K $13.15/SF
Area
Wood County, WV
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,080
Cap Rate 7%
$305,057
Cap Rate 9%
$237,267
Alternative Uses
Best Use
Specialty Retail
$305.1K
$266.9K – $355.9K
NOI $21,354 @ 7.0% cap · market cap 7.14%
Second Best
Mixed Use
$130.0K
$113.7K – $151.6K
NOI $9,098 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$447.7K
$391.7K – $522.3K
NOI $31,337 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
Western Sizzlin
Dining
14,582 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,483 visits/mo
0.1 miles
BP
Shops & Services
4,721 visits/mo
0.0 miles
Demographics for 26101, WV
28,337
Population
14,134
Households
2
Avg Household Size
41
Median Age
16%
College-Educated
84%
High-School Grad
30.8 sq mi
ZIP Area
920
Density / Sq Mi
$45,556
Median Household Income
$31,511
Median Earnings
$759
Median Rent
$107,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant and beauty salon spaces share a building, with kitchen equipment and furnishings included in the sale.
Where is this mixed-use property located?
The property is located at 606 Harris Highway Parkersburg, WV.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Restaurant and beauty salon occupy the same building; Kitchen includes a fryer, grill and ice machine; Restaurant tables, chairs and contents convey with the sale
