Property summary
This exceptional commercial property, located at 926 Huntington Avenue in downtown Huntington, West Virginia, presents a compelling investment opportunity. The property boasts a total of 2,200 square feet, spread across three distinct units. One unit features a spacious layout exceeding 2,200 square feet, complete with two bathrooms. Another unit offers a multi-room configuration, including a former kitchen area, also exceeding 2,200 square feet. A recently updated second-floor apartment, currently leased for $1,200 per month, comprises three bedrooms and one and a half bathrooms. The asking price for this property is $289,900, translating to a price per square foot of $131.77. Built in 1930, the property sits on a 0.28-acre lot and benefits from significant recent improvements. These updates include the completion of the second-floor apartment, installation of new drywall and ceiling tiles, fresh paint in one unit, the removal of a former bar to enhance the open space in another unit, and various other renovations. A large off-street parking lot is conveniently located at the rear of the building. This property is ideally situated in the heart of Huntington, offering excellent visibility and access to a thriving downtown area. The combination of its size, multiple units, recent renovations, and strong rental income makes this a highly attractive investment prospect. The property's location in Cabell County, West Virginia, zip code 25701, ensures easy access to local amenities and transportation networks.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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