705 Grn Bag Rd Morgantown, WV 26501
- Office Properties & Spaces
- 3,020 SF
- 0.06 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 705 Grn Bag Rd
- Year built
- 2009
- Lot size
- 0.06 lot acres
- Property size
- 3,020 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This two-story, 3,020 square foot office building in Morgantown, West Virginia, presents a compelling owner-user or investment opportunity. Built in 2009, the property features twelve parking spaces and sits on a 0.06-acre lot. Currently configured as executive, medical, and traditional office space, it offers significant flexibility. The building enjoys a prominent location with high daily traffic counts on Greenbag Road, and is conveniently situated near I-68, Exit 4, and downtown Morgantown, including West Virginia University's main campus. Numerous national retailers are within close proximity, enhancing the property's appeal and accessibility. A fifteen-year leaseback agreement with an existing tenant provides immediate and long-term income stability, complemented by annual escalations. This turnkey investment offers a blend of convenience, strong location, and secure financial returns. The property is located outside the city limits of Morgantown, in Monongalia County, West Virginia, zip code 26501. The asking price is $775,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morgantown
- County
- Monongalia
- State
- West Virginia
- Longitude
- -79.9407
- Latitude
- 39.6101
