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    OFF-MARKET
    Commercial real estate

    223 Main St, Rainelle, WV 25962

    0.25 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This 0.25-acre commercial property located at 223 Main Street in Rainelle, West Virginia, presents a unique opportunity for a variety of businesses. Priced at $169,900, the building is available for sale or lease, with options for leasing a portion of the space. The property features ample space suitable for a range of uses, including office space, retail, a gym, restaurant, community center, recreation center, insurance office, or medical office. The interior includes two full bathrooms with tub/shower combinations, a utility room with a half-bath, and a full kitchen equipped with appliances that will convey with the sale. The building's convenient location on Main Street offers excellent visibility and accessibility. City water and sewer services are connected, ensuring reliable utilities. Whether you're looking to establish a new business or relocate an existing one, this versatile property offers a compelling combination of functionality, location, and affordability. Serious inquiries are encouraged to explore the possibilities this property offers. The sale includes all appliances in the kitchen. Lease options are available for the entire building or a portion thereof.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1960
    Lot 0.25 ac (10,890 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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