223 Main St, Rainelle, WV 25962
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.