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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

408 Nicholas St Rupert, WV 25984

6,758 SF 0.64 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6,758 sq ft, three-story assisted living facility in Rupert, West Virginia, presents a unique turnkey business opportunity. Located on a 0.64-acre lot at 408 Nicholas St, this property boasts 24 bedrooms (15 resident, 2 private apartment, 7 total), 3 full baths, and 3 half baths. The main level features a spacious living room, administrative and nursing offices, a large dining room with a fireplace, a kitchen with walk-in pantry, and laundry facilities equipped with commercial-grade appliances. The lower level includes additional resident bedrooms and baths. A private apartment on the upper level offers original oak flooring, two bedrooms, and a bath. The property includes all furnishings and equipment. The building features durable manufactured wood flooring, vinyl siding, and a metal roof. Heating is electric baseboard, and cooling is provided by window units. The attractively landscaped yard includes mature trees and a storage shed. Conveniently located near shopping and services in Rainelle and Lewisburg, this property offers significant potential for continued success in the growing eldercare market. Note: The license to operate as an assisted living facility is not included in the sale and must be obtained separately. Asking price: $525,000.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,758 SF
Lot 0.64 ac (27,878 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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