Property profile

223 Main St Rainelle, WV 25962

OFF-MARKET
Commercial real estate
0.25 ac lot Built 1960
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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

Location

223 Main St Rainelle, WV 25962
Rainelle metro
Google Maps

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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