Property profile

435 Main St Rainelle, WV 25962

OFF-MARKET
Retail properties & Spaces
10,832 SF Built 1970
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 435/437 Main Street in Rainelle, West Virginia, presents a unique investment opportunity. The 10,832 square foot building, constructed in 1970, comprises two structures on a 2,799 square foot lot. The property features a well-established appliance store that has operated successfully for over 45 years. The store includes a dedicated storage area and an equipment repair room, along with on-site propane tanks. All existing store equipment is included in the sale, excluding personal and decorative items. Adding to the income potential, the property also includes a laundromat and two separate one-bedroom apartments located on the second floor of the laundromat building, each with its own private entrance. The property's central location in Rainelle, West Virginia, ensures high visibility and accessibility. The asking price is $425,000, translating to $39.24 per square foot. This two-story building offers a compelling blend of established business operations and rental income potential, making it an attractive investment for discerning buyers. Serious inquiries are encouraged to schedule a viewing

Property profile

Verified
Property type Retail properties & Spaces
Year built 1970
Total area 10,832 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

435 Main St Rainelle, WV 25962
Rainelle metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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