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Property profile & analytics
OFF-MARKET
Mixed-use properties

54 Washington St Elizabeth, WV 26143

0.87 ac lot Built 1948
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 54 Washington Street in Elizabeth, West Virginia, presents a unique investment or development opportunity. The building, formerly a medical facility, boasts a remarkably low-maintenance design and sits on a sizable 0.87-acre corner lot. This generous lot provides ample on-site parking, a significant advantage for any commercial venture. The expansive space also offers considerable potential for future development or subdivision, catering to a variety of uses and business models. The property's versatility makes it ideal for owner-occupants seeking a convenient location and flexible space, or for investors looking for a strong return. The building is ready for immediate possession, allowing for a swift transition and commencement of operations or redevelopment. Its prime location in Elizabeth, WV, offers excellent visibility and accessibility, further enhancing its appeal. The absence of significant maintenance requirements translates to reduced operational costs, making this a financially attractive proposition. Whether you envision a single-tenant occupancy or a multi-tenant configuration, this property's adaptability and strategic location position it for success. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. The property is offered at $199,900.

Property profile
Verified
Property type Mixed-use properties
Year built 1948
Lot 0.87 ac (37,897 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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