358 Riverside Dr Rainelle, WV 25962
- Warehouses
- 7,434 SF
- 0.72 lot acres
Current Use by Public Records
- Warehouses
Property Details for 358 Riverside Dr
- Year built
- 1940
- Lot size
- 0.72 lot acres
- Property size
- 7,434 SF
- Property type
- Warehouses
- Property subtype
- Specialty properties
Description
This exceptional investment opportunity presents a 7,434 square foot warehouse situated on a 0.72-acre lot in Rainelle, West Virginia. Located at 358 Riverside Drive, zip code 25962, this property boasts two buildings, each two stories high, and offers significant potential for a variety of uses. Built in 1940, the property is being sold AS IS and requires some renovations, but holds immense potential for redevelopment. Previously owned by the family of the current owner since 2005, and historically used by NEHI-ROYAL CROWN BOTTLING CO. for production, this versatile space could be transformed into a warehouse, mechanic shop, garage, or other commercial enterprise. The property also includes living quarters on the upper level, adding to its unique appeal. The asking price is $195,000 ($26.23 per square foot). The seller will clear the property before closing. The estimated occupancy date is August 14, 2024. This is an owner/user investment opportunity.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rainelle
- County
- Greenbrier
- State
- West Virginia
- Longitude
- -80.7487
- Latitude
- 37.9875
