711 Wv-2, New Martinsville, WV 26155
This established laundromat, located at 711 WV-2 in New Martinsville, West Virginia, presents a unique investment opportunity. The property, built in 2002, boasts a total of 2,672 square feet on a 0.4-acre lot, with 2,400 square feet of net rentable space. The single-story building houses 28 washers and 20 dryers, providing ample capacity for a thriving business. The asking price is $299,000, translating to $111.90 per square foot and $299,000 per unit. This Class D property is situated in a prime business area along WV State Route 2, ensuring high visibility and convenient access for customers. The property's location in Wetzel County, zip code 26155, offers excellent potential for continued growth and profitability. All measurements are approximate. This turnkey operation is ready for a new owner to step in and continue its success. The opportunity to own your own business and capitalize on the established clientele is readily available. Don't miss this chance to acquire a well-positioned and profitable laundromat in a desirable location.
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.