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    496 High St Morgantown, WV 26505

    Sponsored
    For Lease
    Contact for pricing

    Downtown Morgantown, Flexible Suites, 16,000 SF Vacant

    Lot size:
    29,113 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story Class B office building, totaling 29,113 square feet, presents a prime opportunity in the heart of downtown Morgantown. Constructed in 1985 and extensively renovated in 2018, the property boasts excellent visibility at the top of High Street, near Willey Street, in Monongalia County. The building features one elevator for convenient access to the second and third floors, where the available space is located. Multiple tenancy is possible, with a minimum divisible space of 4,000 square feet and a maximum contiguous space of 8,000 square feet. A significant 16,000 square feet is currently vacant, offering considerable flexibility for a variety of uses. The space is ideal for traditional office tenants or medical practices, and includes desirable amenities such as a conference room, kitchen, and restrooms. This location offers unparalleled visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving downtown area. The building's recent renovation ensures modern functionality and aesthetics, providing a comfortable and productive work environment. This is a rare opportunity to secure high-quality office space in a highly desirable location.

    Property Features for 496 High St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,113 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1985/2018
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    8,000 SF
    Space
    Available Space 1
    Size
    8,000 SF

    HighLights

    • 29,113 square foot Class B office building in Morgantown, WV.
    • Multiple tenancy with 16,000 square feet of vacant space available.
    • Suites range from 4,000 to 8,000 contiguous square feet.
    • Located at 496 High Street, near Willey Street in Monongalia County.
    • Three‑story building constructed in 1985, renovated in 2018, featuring an elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Photo Passport Photo Processor CVS Drug Store Arica Montgomery Pharmacy CDReload - Online Bitcoin ... Crypto Atm MoneyGram Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.953888174412
    Latitude
    39.63214619359

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    FAQs

    What type of property is this?
    Medical office - Downtown Morgantown, Flexible Suites, 16,000 SF Vacant
    Where is this medical office located?
    The property is located at 496 High St Morgantown, WV.
    What are key features of this property?
    This property features: 29,113 square foot Class B office building in Morgantown, WV.; Multiple tenancy with 16,000 square feet of vacant space available.; Suites range from 4,000 to 8,000 contiguous square feet.
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    496 High St Morgantown, WV 26505
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    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
    496 High St Morgantown, WV 26505
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