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    699 Burroughs St Morgantown, WV 26505

    Sponsored
    For Lease
    $26 SF/Yr ($12,566 /Mo)

    5,800 SF Office Space Available

    Lot size:
    5,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,800 square foot, two-story office building in Morgantown, West Virginia, presents a fantastic opportunity. Built in 2010, the property boasts a prime location at the intersection of Van Voorhis Road (Route 705), Chestnut Ridge Road, and Burroughs Street, offering excellent visibility and accessibility. The building features approximately 4,000 square feet on the main floor and 1,800 square feet on the upper floor, suitable for various office uses, including traditional, medical, or creative office spaces. The single-tenant building sits on a 0.44-acre lot and includes 40 parking spaces. Its strategic location in the heart of Suncrest provides convenient access to WVU's Health Sciences Center campus, Ruby Memorial Hospital, restaurants, and shopping. High traffic counts on nearby Chestnut Ridge Road (34,176 vehicles daily) and University Avenue and Van Voorhis Road (41,328 vehicles daily, 2021 data) ensure significant exposure. Prominent signage opportunities are available at the main entrance and building exterior. The property offers easy ingress and egress via Van Voorhis Road. This is a fully vacant building, ready for immediate occupancy. The building is located in Monongalia County, West Virginia, with a zip code of 26505.

    Property Features for 699 Burroughs St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,800 SF
    Total Rate
    12566.67

    Building Details

    Year Built
    2010
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    5,800 SF
    Rate per SF
    $26

    HighLights

    • High‑traffic location on Route 705.
    • Excellent street visibility for maximum brand exposure.
    • Convenient proximity to numerous retail and service amenities.
    • Abundant on‑site parking for tenants and customers.
    • Prominent signage opportunities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Advantage Health & Wellness Chiropractor Lucinda Mccartney Nurse Practitioner Abigail Tonkin Nurse Practitioner Alissa Barnes Medical Clinic Theodore Barko Chiropractor

    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
    -79.963754965286
    Latitude
    39.658036050924

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    FAQs

    What type of property is this?
    Office space - 5,800 SF Office Space Available
    Where is this office space located?
    The property is located at 699 Burroughs St Morgantown, WV.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location on Route 705.; Excellent street visibility for maximum brand exposure.; Convenient proximity to numerous retail and service amenities.
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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
    699 Burroughs St Morgantown, WV 26505
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