7 Chaplin Hl Rd, Morgantown, WV 26501
This 2,383 square foot former bank building is situated on a 1.05-acre lot in Morgantown, West Virginia, at 7 Chaplin Hill Road. The single-story building features three covered drive-thru lanes totaling 1,188 square feet, ideal for various commercial uses. Its prime location offers excellent visibility from a signalized intersection and is conveniently located near I-79, Exit 155, approximately 0.1 miles away, placing it within the thriving University Town Centre, a major shopping destination in Greater Morgantown. The property boasts off-street parking and a vault, adding to its versatility. The asking price is $2,125,000. The current tenant will require a 120-day vacancy period post-closing. The high-traffic area along US Highway 19 sees 40,552 vehicles daily (2021 data from Kalibrate Technologies). West Virginia University's main campus and downtown Morgantown are a short 3.5-mile drive. The property is zoned for office and retail use. This presents a unique opportunity for investors seeking a high-visibility commercial property in a rapidly growing area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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