Current Use by Public Records
- Jerry & J's Towing Service / Auto Repair Shop
- Mountain River Physical Therapy / Medical Clinic
- Vaught Melody / Physician
- United Steelworkers / Advocacy Group
- Kelsey Mullen / Physician
Property Details for 63 Hospitality Ln
- Year built
- 1999
- Lot size
- 4.08 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional 9,000 square foot commercial building in Mineral Wells, West Virginia, presents a compelling investment opportunity. Located at 63 Hospitality Ln, 26150, this single-story, Class B office building sits on a 4.08-acre lot and was constructed in 1999. Currently housing two tenants, WeStaffBetter and Mountain River Physical Therapy, the property boasts a 66% occupancy rate and a strong net operating income (NOI) of $44,000. The building comprises three units, offering a flexible layout suitable for executive, medical, or traditional office uses. With 3,000 square feet of vacant space, this property provides significant potential for expansion or additional income generation. Its prime location near Interstate 77 and South Parkersburg's retail corridor on Pike Street ensures high visibility and accessibility. The property features ample parking, catering to the needs of tenants and clients. The asking price is $720,000, and the property is offered under a NNN lease agreement. This is a rare chance to acquire a well-situated, income-producing asset in a growing market. The APN is 08-300-000H0000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mineral Wells
- County
- Wood
- State
- West Virginia
- Longitude
- -81.5315
- Latitude
- 39.1925
