Commercial Real Estate Market in Granville, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Granville, WV spans 1.3 square miles in Monongalia County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Granville, WV runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Granville, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Granville, WV runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Granville, WV asks $123/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 50.7%
- Mixed use 22.7%
- Residential 15.4%
- Industrial 9.1%
Largest Zones share of zoned land by district
General Commercial
Mixed Use
Multifamily
Light Industrial
Heavy Industrial
Granville, WV zones 747 acres across 6 districts. Commercial zoning covers 50.7% of zoned land, residential 15.4% and industrial 9.1%. The largest single district is General Commercial at 50.7%. For commercial buyers the practical constraint is that only 59.7% of land carries a commercial or industrial designation.
General Commercial (C)
The Commercial District was established to provide a retail and entertainment center within the Town of Granville. This district promotes the development of a pedestrian friendly and attractive commercial area that serves the community and the region
Market overview
Demographics & Economy
Granville, WV has 868 residents in 470 households. Density runs 681 people per square mile. Median household income here is $31,658 and median gross rent $813 a month.
868
Population
470
Households
1.8
Avg Household Size
30
Median Age
13%
College-Educated
92%
High-School Grad
1.3 sq mi
ZIP Area
681
Density / Sq Mi
$31,658
Median Household Income
$24,205
Median Earnings
$813
Median Rent
$135,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westover | — | — |
| Star City | — | — |
| Osage | — | — |
| Morgantown | — | $14.88 |
Frequently Asked Questions
What zoning applies to commercial property in Granville?
Granville, WV zones 747 acres across 6 districts, of which 50.7% is commercial and 9.1% industrial. The largest single district is General Commercial at 50.7% of zoned land. The Commercial District was established to provide a retail and entertainment center within the Town of Granville. This district promotes the development of a pedestrian friendly and attractive commercial area that serves the community and the region Residential zoning covers 15.4% and open space 0%.
Methodology & data sources
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 747 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
