223 Main St, Rainelle, WV 25962
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.
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.