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    Specialty properties

    223 Main St, Rainelle, WV 25962

    10,000 SF 0.25 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10,000 square foot commercial property, situated on a 0.25-acre lot at 223 Main Street in Rainelle, West Virginia, presents a unique investment opportunity. Built in 1960, the building is zoned for commercial use and offers significant potential for a variety of businesses. Currently vacant, this property boasts a versatile layout ideal for numerous applications. Imagine transforming this space into a thriving retail establishment, a fitness center, a restaurant, or even a community hub. The existing structure 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. Conveniently located on Route 60, directly across from a Citgo gas station, this property enjoys high visibility and easy access. City water and sewer services are readily available. The property's size and existing amenities provide a solid foundation for immediate occupancy or extensive renovation, making it an attractive option for entrepreneurs and investors alike. This is a rare opportunity to acquire a substantial commercial property in a desirable location at an attractive price point. The property is available for sale, and partial lease options may be considered. The zip code is 25962.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1960
    Total area 10,000 SF
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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