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    OFF-MARKET
    Retail properties & Spaces

    1040 Fairmont Rd, Morgantown, WV 26501

    11,731 SF 0.81 ac lot Built 1962
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11,731-square-foot storefront property at 1040 Fairmont Road in Morgantown, West Virginia, presents a significant investment opportunity. Located on a 0.806-acre lot, this single-story, 1962-built building is zoned for Highway Commercial use and offers ample potential for a variety of retail ventures. Currently vacant, the property boasts abundant parking, a loading dock, and handicap accessibility, making it highly convenient for customers and employees. The interior features a spacious main area with ample natural lighting, a kitchen, bathroom, office, and conference rooms. Internal partitions create a flexible layout, leading to a warehouse storage area with an additional office and mechanics area. The well-maintained structure features high ceilings, adding to its impressive character. The property's strategic location just off I-79 exit and adjacent to the University Town Centre connector ensures high visibility and accessibility. The asking price is $2,200,000. Adjacent land is also available for expansion.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1962
    Total area 11,731 SF
    Lot 0.81 ac (35,109 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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