Property profile

16 Rte Ellenboro, WV 26346

OFF-MARKET
Office Spaces
3.01 ac lot
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Property summary

AI-generated overview

This exceptional 2880-square-foot commercial building is situated on a 3.01-acre lot at a prime location where Glendale Road and Route 16 intersect in Ellenboro, West Virginia (zip code 26346). Previously used as a plumbing and heating company, this versatile property offers numerous possibilities for various businesses. The building boasts significant advantages, including free radiant floor heating powered by a gas well, significantly reducing operational costs. Water is currently supplied by a well, but community water is readily available with a tap already in place. A robust 200-amp electrical service ensures ample power. The main level features a kitchenette, a half-bath (easily convertible to a full bath), two offices, a workshop area, and a sizable storage/unloading area with an oversized garage door. The upper level, currently used for storage, offers an additional 960 square feet with potential for conversion into bedrooms or other functional spaces. This property's adaptability makes it suitable for a wide range of uses, including a barndominium, place of worship, or event venue. The asking price is $175,000.

Property profile

Verified
Property type Office Spaces
Lot 3.01 ac (131,116 SF)

Cap rate & NOI

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

Location

16 Rte Ellenboro, WV 26346
Ellenboro metro
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Value estimations

Realmo proprietary · 4 methods
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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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