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    74 Warwood Ave Wheeling, WV 26003

    For Sale
    $2,000,000

    Historic Industrial Complex: 15 Acres, 55,335 SF

    Property size:
    55,335 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 15-acre industrial property in Wheeling, West Virginia, presents a rare investment opportunity. The Centre Foundry, a landmark since 1923, boasts 55,335 square feet of space distributed across eight buildings on five parcels. The property features multiple industrial buildings equipped with cranes, extensive yard space, an office building, and a residential building, offering diverse usage potential. Strategically located on WV Route 2, it enjoys high visibility with over 1,000 feet of road frontage, experiencing daily traffic of 13,000 to 16,000 vehicles. The site is secured with a perimeter fence and 24/7 security. An on-site electric substation provides high-voltage power capabilities. Built in 1926, this two-story complex offers over 60,000 square feet of potential development space. The property's rich history and prime location make it ideal for manufacturing, warehousing, or storage, while its size and features offer significant expansion possibilities. Detailed crane and compressor specifications are available upon request. The asking price is $2,000,000.

    Property Features for 74 Warwood Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    55,335 SF
    Lot Size
    653,400 SF

    Building Details

    Year Built
    1926
    Buildings
    8
    Stories
    2

    HighLights

    • $2,000,000 asking price for this 55,335 SF industrial property.
    • 15‑acre site with 8 buildings, including warehouse, manufacturing, office, and residential structures.
    • High‑traffic location on WV Route 2 (13,000‑16,000 vehicles daily), offering over 1,000 feet of road frontage.
    • Property features crane‑serviced buildings, ample yard space, and an on‑site electric substation.
    • 24/7 security with perimeter fencing.
    • Built in 1926, with a rich history serving the steel industry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheeling
    County
    Ohio
    State
    West Virginia
    Longitude
    -80.70301938
    Latitude
    40.10141691

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    FAQs

    What type of property is this?
    Manufacturing property - Historic Industrial Complex: 15 Acres, 55,335 SF
    Where is this manufacturing property located?
    The property is located at 74 Warwood Ave Wheeling, WV.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price for this 55,335 SF industrial property.; 15-acre site with 8 buildings, including warehouse, manufacturing, office, and residential structures.; High-traffic location on WV Route 2 (13,000-16,000 vehicles daily), offering over 1,000 feet of road frontage.
    Request Owner's contact information
    74 Warwood Ave Wheeling, WV 26003
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    Wheeling, WV 26003
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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
    74 Warwood Ave Wheeling, WV 26003
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