Auto Shop Complex with Garage
705 7th Street, Parkersburg, WV 26101
For Sale
$999,000
CommercialSale, Parkersburg, WV
Property Size7,200 SF
Lot Size2.00 Acres
Price / SF$138.75
Days on Market218
Property Features for 705 7th Street
General Information
Property type
Property subtype
Parking features
Fencing
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Tenancy & Operations
Tenant in Place
Real Estate Included
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Buildings
Listing Agency:
Berkshire Hathaway HomeServices Professional Realty
(304) 428-7653
Listed By:
Steven M Shaver · License #29911
(304) 482-7500
Added: Apr 6
Changed: Nov 3
Last Checked: Nov 9 at 4:06AM
MLS# 5198553
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This automotive property at 705 7th Street includes three buildings totaling 7,200 square feet of described garage and building area. The improvements include a 3,600-square-foot building with five overhead doors, a 2,400-square-foot building with two overhead doors, and a 1,200-square-foot garage with one overhead door. A one-bedroom, one-bath apartment is also identified in the property information. The 1,200-square-foot garage is leased and generating income.
The site provides 655 feet of 7th Street frontage and includes driveway, garage, alley, parking lot, and open parking features. Grounds are fenced with privacy fencing. Public water and public sewer serve the property, while heating includes forced air, space heat, and natural gas; central air is also present. The property comprises 21 parcels and was built in 1996.
The site provides 655 feet of 7th Street frontage and includes driveway, garage, alley, parking lot, and open parking features. Grounds are fenced with privacy fencing. Public water and public sewer serve the property, while heating includes forced air, space heat, and natural gas; central air is also present. The property comprises 21 parcels and was built in 1996.
Key Highlights
- Three automotive‑use buildings with 7,200 square feet of described garage and building area
- 3,600‑square‑foot building with 5 overhead garage doors
- 2,400‑square‑foot building with 2 overhead garage doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,528
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,390,560
$1.4M
Cap Rate 7%
$993,257
$993.3K
Cap Rate 9%
$772,533
$772.5K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$103.7K $14.40/SF
− Vacancy
−$4.4K −$0.60/SF
EGI
$99.3K $13.80/SF
− OpEx
−$29.8K −$4.14/SF
NOI
$69.5K $9.66/SF
Area
Wood County, WV
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,390,560
Cap Rate 7%
$993,257
Cap Rate 9%
$772,533
Alternative Uses
Best Use
Retail
$993.3K
$869.1K – $1.16M
NOI $69,528 @ 7.0% cap · market cap 6.96%
Second Best
Industrial
$435.8K
$381.3K – $508.4K
NOI $30,503 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$1.98M
$1.74M – $2.32M
NOI $138,931 @ 7.0% cap · market cap 13.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
878
Businesses Nearby
50k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 22%
Hotels & Casinos 4%
Sheetz
Shops & Services
26,564 visits/mo
0.3 miles
KFC
Dining
7,113 visits/mo
0.1 miles
Dollar General
Shops & Services
4,736 visits/mo
0.1 miles
Truist
Shops & Services
4,651 visits/mo
0.4 miles
SUBWAY
Dining
2,601 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Automotive Repair Services — 2402 Camden Ave, Parkersburg, WV 26101
- Bmw Mechanic — 2716 Camden Ave, Parkersburg, WV 26101
- Honda Specialist Mechanic — 2716 Camden Ave, Parkersburg, WV 26101
- Mini Cooper Mechanic — 2716 Camden Ave, Parkersburg, WV 26101
- Cornerstone Auto Service — 2716 Camden Ave, Parkersburg, WV 26101
Frequently Asked Questions
What type of property is this?
Auto shop - Multi-building automotive property with fenced grounds, public utilities, and an operating leased garage component.
Where is this auto shop located?
The property is located at 705 7th Street Parkersburg, WV.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Three automotive‑use buildings with 7,200 square feet of described garage and building area; 3,600‑square‑foot building with 5 overhead garage doors; 2,400‑square‑foot building with 2 overhead garage doors
