Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1370 University Ave Morgantown, WV 26505

    Sponsored
    For Sale
    $990,000

    Prime location, versatile space, high visibility.

    Property size:
    10,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 1370 University Avenue in Morgantown, West Virginia, presents a unique investment opportunity. The 10,720 square foot building, constructed in 1947 and renovated in 1985, boasts a desirable downtown location, offering high visibility and convenient access to numerous amenities. The property features two units: approximately 1,536 square feet of restaurant space facing University Avenue, and approximately 9,011 square feet of adaptable retail/office space accessible from both University Avenue and Chestnut Street. A significant advantage is the inclusion of approximately 24 off-street parking spaces distributed across two paved lots. This two-story building sits on a 0.36-acre lot and is ideally situated within walking distance of West Virginia University's main campus, the Walnut Street PRT, and various local businesses. Its strategic location also provides easy access to major roadways, including I-79 (Exit 152, approximately 2.5 miles), I-68 (Exit 1, approximately 3.5 miles), and I-68 (Exit 7, approximately 5 miles). The asking price is $990,000, translating to $92.35 per square foot. This property's adaptable layout, prime location, and ample parking make it an attractive investment for a variety of businesses.

    Property Features for 1370 University Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,720 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built/Renovated
    1947/1985
    Stories
    2
    Units
    2

    HighLights

    • 10,720 SF mixed‑use building on a 0.36‑acre lot in downtown Morgantown, WV.
    • Two units: 1,536 SF restaurant space and 9,011 SF adaptable retail/office space.
    • 24 off‑street parking spaces.
    • High visibility location near WVU's main campus, PRT, and major roadways (I‑79, I‑68).
    • Asking price: $990,000 ($92.35/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Vocelli Pizza Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.9565603
    Latitude
    39.6313666

    Nearby Similar for Sale

    • $1,500,000
      4,070 SF

      Premium Freestanding Office Building

      Well-maintained medical office building in Cheat Lake area.
      2199 Cheat Rd, Morgantown, WV 26508
      View Details
    • $1,695,000
      12,477 SF

      Historic Mixed-Use Wharf District Property

      Fully leased mixed-use property with restaurant and apartments in Morgantown.
      156 Clay St, Morgantown, WV 26501
      View Details
    • $1,850,000
      10,296 SF

      Fully Leased Morgantown Office Building

      Exceptional commercial office building in Cheat Lake, fully leased.
      230-270 Lakewood Ctr, Morgantown, WV 26508
      View Details
    • $575,000
      7,392 SF

      Historic Mixed-Use Building in Morgantown

      Historic building with retail space and remodeled apartments in downtown.
      220-222 Pleasant St, Morgantown, WV 26505
      View Details
    • $2,200,000
      8,000 SF

      Prime Morgantown Strip Mall

      Fully occupied strip mall in excellent condition and prime location.
      3109 University Ave, Morgantown, WV 26505
      View Details
    • $299,900
      4,800 SF

      Turnkey Bar/Restaurant Business Opportunity

      Established Morgantown bar/restaurant business for sale with equipment and license.
      325 High St, Morgantown, WV 26505
      View Details
    • $349,800
      5,051 SF

      Morgantown Commercial Space For Sale

      5,051+/- sqft commercial space with 22 office suites.
      1253 Canyon Rd, Morgantown, WV 26508
      View Details
    • $1,500,000
      1,815 SF

      Morgantown Commercial Property on Mileground

      1.1-acre commercial property with existing building and high visibility.
      524 Mileground Rd, Morgantown, WV 26505
      View Details
    • $2,500,000
      41,600 SF

      Morgantown Commercial Property on 7 Acres

      Large commercial property with flexible buildings in a rapidly developing area.
      951 Point Marion Rd, Morgantown, WV 26508
      View Details
    • Contact for pricing
      31,835 SF

      Former Restaurant Space on Don Knotts

      Turn-key restaurant space or adaptable for retail/service use.
      215 Don Knotts Blvd, Morgantown, WV 26501
      View Details
    • $249,000

      Sabraton Retail/Office Space Auction

      2250 SF flexible space with excellent visibility and parking.
      1639 Sabraton Ave, Morgantown, WV 26505
      View Details
    • $80,000
      0.06 Acres

      Morgantown Land Package Opportunity

      Land for sale as part of a package deal.
      10 Mclane Ave, Morgantown, WV 26505
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime location, versatile space, high visibility.
    Where is this individual retail property located?
    The property is located at 1370 University Ave Morgantown, WV.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: 10,720 SF mixed-use building on a 0.36-acre lot in downtown Morgantown, WV.; Two units: 1,536 SF restaurant space and 9,011 SF adaptable retail/office space.; 24 off-street parking spaces.
    Request Owner's contact information
    1370 University Ave Morgantown, WV 26505
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1370 University Ave
    Morgantown, WV 26505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1370 University Ave Morgantown, WV 26505
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.