Property profile

223 Main St Rainelle, WV 25962

OFF-MARKET
Specialty properties
10,000 SF 0.25 ac lot Built 1960
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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

Location

223 Main St Rainelle, WV 25962
Rainelle metro
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Value estimations

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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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