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    132 High St Morgantown, WV 26501

    For Sale
    $745,000

    High-traffic location, prime for redevelopment.

    Property size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6,400-square-foot commercial property, situated on a 0.67-acre lot in Morgantown, West Virginia, presents a unique investment opportunity. Previously operating as a car wash, the L-shaped building offers ample space for various uses. Its prime location along South High Street ensures high visibility to significant daily traffic flow. The property boasts easy access for vehicles of all sizes, with convenient wash and vacuum bays. Investors can choose to operate the existing structure or pursue redevelopment to suit alternative business needs. Its proximity to West Virginia University's main campus and downtown Morgantown provides immediate access to a large customer base and numerous amenities. The property's strategic location offers easy access to major roadways, including I-79 (Exit 152), I-68 (Exits 1 and 7), enhancing its appeal and accessibility. A 2015 West Virginia Department of Highways report indicates a daily traffic count of 20,246 vehicles on nearby Beechurst Avenue, further highlighting the property's high visibility and potential. The asking price is $745,000, translating to $116.41 per square foot. This one-story building is classified as Class C and is located within Morgantown city limits at 132 S High St, Morgantown, WV 26501. This property offers significant potential for a savvy investor seeking a high-traffic location with redevelopment possibilities.

    Property Features for 132 High St

    General Information

    Property type
    Automotive properties
    Square Feet
    6,400 SF
    Class
    C
    Lot Size
    29,185 SF

    Building Details

    Stories
    1

    HighLights

    • 6,400 SF commercial building on a 0.67‑acre lot in Morgantown, WV.
    • High‑visibility location on South High Street with significant daily traffic.
    • Features touch‑free and manual car wash bays, plus vacuums.
    • Close proximity to downtown Morgantown and West Virginia University.
    • Asking price: $745,000 ($116.41/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -79.960611
    Latitude
    39.624809

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    FAQs

    What type of property is this?
    Automotive property - High-traffic location, prime for redevelopment.
    Where is this automotive property located?
    The property is located at 132 High St Morgantown, WV.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: 6,400 SF commercial building on a 0.67-acre lot in Morgantown, WV.; High-visibility location on South High Street with significant daily traffic.; Features touch-free and manual car wash bays, plus vacuums.
    Request Owner's contact information
    132 High St Morgantown, WV 26501
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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
    132 High St Morgantown, WV 26501
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