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    OFF-MARKET
    Office Spaces

    16 Rte, Ellenboro, WV 26346

    3.01 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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