Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.