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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

437 Williams Ave Davis, WV 26260

12,636 SF Built 1920
Property ID
Property summary
AI-generated overview

This stunning three-story, 12,636 square foot commercial building in Davis, West Virginia, presents a unique investment opportunity. Originally the Babcock Boom and Lumber Store, this historic property is currently home to a retail shop with high visibility on a major tourist route between Thomas and Canaan Valley. Boasting high ceilings, original woodwork, hardwood floors, a staircase, and a hand-crank elevator, the building retains its character while incorporating modern updates. The first floor offers retail space and potential for additional office or leaseable areas. The basement provides ample space for storage or additional retail. The second floor houses three successful Airbnb units: a studio, a two-bedroom, and a one-bedroom apartment, all with kitchens and baths. Additional apartments could easily be added. Located near Blackwater Falls State Park and Timberline Ski Resort, this property offers exceptional potential for both retail and rental income. The building features a fire alarm system, gas heating, and updated electrical. The lot size is 5,760 square feet. This is a multi-unit property with eight total units, offering nearly 13,000 square feet of usable space. The asking price is $1,100,000, with a price per square foot of $87.05. This is an owner/user investment opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1920
Total area 12,636 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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