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    711 Wv-2, New Martinsville, WV 26155

    2,672 SF 0.4 ac lot Built 2002
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2002
    Total area 2,672 SF
    Lot 0.4 ac (17,424 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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