Property profile

12256 Veterans Memorial Hwy Masontown, WV 26542

OFF-MARKET
Mixed-use properties
1,823 SF 0.7 ac lot Built 1982
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Property summary

AI-generated overview

This exceptional 1,823-square-foot mixed-use building, situated on a 0.7-acre lot in Masontown, West Virginia, presents a compelling investment opportunity. Originally a bank, this single-story, 1982-constructed brick building boasts convenient road frontage on WV Route 7, a major thoroughfare. The property features two drive-thru lanes, a vault, two private offices, two restrooms, a kitchen, a foyer, a lobby, and a teller area. The building is in good condition, highlighted by a rubber roof and ample paved parking. Its versatile layout lends itself to a variety of commercial uses, including a pharmacy, cannabis dispensary, professional office space, or retail store. The property's zoning is commercial, allowing for flexibility in its future use. This presents an ideal opportunity for either commercial rental income or owner-occupancy. Note that an adjoining property, comprising approximately 7,081 square feet and currently fully leased to three tenants, is also available for sale separately. The APN for this property is 14V1903400003. The asking price is $189,500, translating to $103.95 per square foot.

Property profile

Verified
Property type Mixed-use properties
Year built 1982
Total area 1,823 SF
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12256 Veterans Memorial Hwy Masontown, WV 26542
Masontown metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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