54 Washington St Elizabeth, WV 26143
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.