302 Riverside Dr Madison, WV 25130
This exceptional retail property, located at 302 Riverside Drive Unit 302 in Madison, West Virginia, presents a unique investment opportunity. Boasting nearly 2,016 square feet of space, this well-established community market is a beloved local establishment. The property currently houses a popular restaurant and a successful catering business, both contributing to its strong financial performance. Its prime location in the heart of Madison ensures high visibility and convenient access for customers. The market benefits from a loyal customer base built over time, reflecting strong community ties and consistent patronage. This translates to a stable income stream and significant potential for future growth. The property's established reputation and thriving businesses provide a solid foundation for continued success under new ownership. This is an ideal acquisition for investors seeking a turnkey operation with proven profitability in a desirable market. The absence of any land beyond the building itself offers a streamlined ownership experience, focusing solely on the successful business operations within. This is a rare opportunity to acquire a profitable, established business in a vibrant community. The property's size and existing infrastructure provide ample space for continued operations and potential expansion. Serious inquiries are encouraged.
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West Madison Grocery Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.