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    164 Wv-2 New Martinsville, WV 26155

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    For Sale
    Contact for pricing

    1,600 SF Convenience Store in New Martinsville

    Property size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 164 WV-2 in New Martinsville, West Virginia, offers a compelling investment opportunity. The 1,600 square foot building sits on a highly visible site at the county's busiest intersection, ensuring maximum exposure and foot traffic. The property is a single-story structure, currently operating as a convenience store within a thriving strip center. The occupancy date is March 31, 2019. The property's tenant mix is diverse and includes a blend of national and local businesses, creating a strong and stable revenue stream. These tenants include, but are not limited to, Peebles, Dollar Tree, McDonald's, American General Finance, Rent-A-Center, China Gate, Subway, Jewelry Doctor, Shoe Sensation, and Underground Attitude. The property's strategic location in Wetzel County, West Virginia, zip code 26155, provides easy access for customers and excellent visibility. The asking price per square foot is $12. This property presents a rare chance to acquire a well-positioned retail asset in a bustling commercial area. The property's strong tenant base and prime location make it an attractive investment for those seeking a stable and profitable venture in the West Virginia market. The geographic coordinates are 39.6646338 latitude and -80.8594974 longitude.

    Property Features for 164 Wv-2

    General Information

    Property type
    Neighborhood centers
    Square Feet
    1,600 SF

    Building Details

    Stories
    1

    HighLights

    • 1,600 SF retail convenience store in New Martinsville, WV.
    • Located at the busiest intersection in Wetzel County.
    • $12/SF price.
    • Features a mix of national and local tenants including Dollar Tree, McDonald's, and Subway.
    • Occupancy date: March 31, 2019.
    • One‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    New Martinsville
    County
    Wetzel
    State
    West Virginia
    Longitude
    -80.8594974
    Latitude
    39.6646338

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Neighborhood center - 1,600 SF Convenience Store in New Martinsville
    Where is this neighborhood center located?
    The property is located at 164 Wv-2 New Martinsville, WV.
    What are key features of this property?
    This property features: 1,600 SF retail convenience store in New Martinsville, WV.; Located at the busiest intersection in Wetzel County.; $12/SF price.
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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
    164 Wv-2 New Martinsville, WV 26155
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