Current Use by Public Records
- LibertyX Bitcoin ATM / Atm
Property Details for 4 Clark Rd
- Year built
- 1996
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional mixed-use property in Morgantown, West Virginia, presents a compelling investment opportunity. The 7,840-square-foot building, constructed in 1996, sits on a 0.28-acre lot and boasts a 100% occupancy rate, generating a strong return on investment. The property is comprised of a storefront currently occupied by Smoker Friendly, along with six residential apartments and office space, creating a diverse income stream. The building's strategic location offers convenient access to major thoroughfares, including proximity to Route 43 and Interstate 68, enhancing its appeal to both tenants and investors. Its location is also a short drive from Cheat Lake, Cheat Landing Development, downtown Morgantown, and local hospitals. The asking price is $950,000, translating to $121.17 per square foot. This two-story building offers a blend of retail, office, and multifamily uses, making it an ideal investment for those seeking a diversified portfolio. The property's strong occupancy and prime location in a growing area make it a highly attractive investment prospect. The one-bedroom apartments contribute to the consistent rental income. This is a rare opportunity to acquire a well-established, fully occupied mixed-use property in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morgantown
- County
- Monongalia
- State
- West Virginia
- Longitude
- -79.8323
- Latitude
- 39.686
