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Bar Property with Three Leased Businesses
For Sale
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998 Willey St, Morgantown, WV 26505

The holdings include three leased businesses across the land and building improvements.

Property SizeContact for details
Days on Market144

Property Features for 998 Willey St

General Information

Standard status Active
Property subtype Retail
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 31 at 12:06AM

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 offering includes the land and buildings occupied by Town Hill Tavern, Cheese Louise, and Willey Street Coin Laundry. The three businesses are leased, creating a multi-tenant commercial property anchored by a bar and tavern operation. Town Hill Tavern has been established at the property since 1930, and the site also includes buildings formerly used as a grocery store and gas station.

The property is located at 998 Willey St in Morgantown, near West Virginia University, with access to the Mileground and Sabraton areas. The existing tenant mix combines food and beverage service with laundry use, while the adjacent holdings are included as part of the overall offering.

Key Highlights

  • Three leased businesses included in the offering
  • Town Hill Tavern, Cheese Louise, and Willey Street Coin Laundry occupy the properties
  • Town Hill Tavern has operated at the site since 1930

Property Analytics

Current Use

Town Hill Tavern Bar & Pub ATM Atm

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.

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 - The holdings include three leased businesses across the land and building improvements.
Where is this bar & pub located?
The property is located at 998 Willey St Morgantown, WV.
What are key features of this property?
This property features: Three leased businesses included in the offering; Town Hill Tavern, Cheese Louise, and Willey Street Coin Laundry occupy the properties; Town Hill Tavern has operated at the site since 1930
More about this property
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