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Three-Business Bar Property
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994 Willey St, Morgantown, WV 26505

Income-producing commercial property includes a long-established tavern and two neighboring leased businesses.

Property SizeContact for details
Days on Market144

Property Features for 994 Willey St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Premier Commercial Real Estate Services LLC
Listed By: Mike Audia · License #WV 0006965
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Real Estate Services LLC

Investment Insights

Based on property information with market context.

This commercial property comprises the land and buildings occupied by three leased businesses: Town Hill Tavern, Cheese Louise, and Willey Street Coin Laundry. Town Hill Tavern has operated at the property since 1930 and is identified as a longstanding Morgantown establishment. The improvements previously included a grocery store and gas station before the tavern use was established.

The property is located in the heart of West Virginia University and provides access to the Mileground and Sabraton areas. The existing configuration combines a bar and tavern operation with adjacent food-service and laundry businesses, creating a multi-tenant commercial asset.

Key Highlights

  • Three leased businesses occupy the property: Town Hill Tavern, Cheese Louise, and Willey Street Coin Laundry
  • Town Hill Tavern has operated at the property since 1930
  • Property includes the land and buildings housing the three businesses

Property Analytics

Current Use

JAG Laundry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon Pharmacy Nail Salon Dental Office HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby
Well-served
Demand for This Use

Demographics for 26505, WV

39,057
Population
19,220
Households
2
Avg Household Size
27
Median Age
55%
College-Educated
93%
High-School Grad
12.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$42,275
Median Household Income
$24,042
Median Earnings
$942
Median Rent
$265,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Income-producing commercial property includes a long-established tavern and two neighboring leased businesses.
Where is this bar & pub located?
The property is located at 994 Willey St Morgantown, WV.
What are key features of this property?
This property features: Three leased businesses occupy the property: Town Hill Tavern, Cheese Louise, and Willey Street Coin Laundry; Town Hill Tavern has operated at the property since 1930; Property includes the land and buildings housing the three businesses
More about this property
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