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OFF-MARKET
Mixed-use properties

4729 Wv-152 Lavalette, WV 25535

1,200 SF 0.42 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This 1,200 square foot mixed-use property, situated on a 0.42-acre lot in Lavalette, West Virginia, presents a unique investment opportunity. Built in 1960, this single-story building currently operates as a beauty salon and a residential apartment. The salon features a spacious 15x17 main room with waiting area and three styling stations, a 10x13 shampoo area, and an 11x13 room with two hair dryers. A half-bath and shared laundry area serve both the salon and the apartment. The apartment comprises a combined 13x17 kitchen and living room, a 10x13 bedroom, and a 7x13 full bathroom. The property offers considerable flexibility. The apartment could generate rental income, provide additional space for business expansion, or the entire building could be converted back to a single-family residence. Located at 4729 Route 152, Lavalette, WV 25535, this property is priced at $85,000 ($70.83 per square foot) and is available for occupancy on July 3, 2024. This versatile property is ideal for owner-users seeking a blend of commercial and residential space or investors looking for a strong return on investment. The property's location in Wayne County offers convenient access to local amenities and transportation routes.

Property profile
Verified
Property type Mixed-use properties
Year built 1960
Total area 1,200 SF
Lot 0.42 ac (18,295 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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