906 Lubeck Ave Parkersburg, WV 26101
This versatile mixed-use property at 906 Lubeck Avenue, Parkersburg, WV, presents a unique investment opportunity. The building, totaling 2933 square feet of finished space, was constructed in three phases. The original 1209 square foot structure features two office spaces and a half-bath. An attached 28x26 heated garage boasts 10-foot ceilings, two 9-foot high garage doors, and a remaining Mohawk heavy-duty lift. A rear 28x32 addition includes oversized garage doors and a half-bath, also heated. The property sits on a 0.37-acre lot and includes a substantial 4000 square foot concrete parking area in excellent condition. Its previous use as a car lot highlights its high visibility and accessibility. The location benefits from exceptional traffic counts: over 11,000 vehicles daily on adjacent Route 95 and over 6,000 vehicles daily on Lubeck Avenue/Gihon Road in the immediate vicinity, according to the WV Department of Highways. Easy access is provided via Route 95/Dupont Road at the bottom of the Gihon Road exit, directly across the street. The property is being sold AS IS, with no warranties. This presents a chance to acquire a well-situated building in a high-traffic area with significant potential for various commercial uses.
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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
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Property description
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No recorded transactions found for this property.
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