209 Church StSpencer, WV 25276

Property Details for 209 Church St

Year built

1972

Construction

WOOD FRAME

Lot size

0.05 AC

Property size (Sq ft)

3,960 SF

Property type

Retail properties

Property subtype

Retail space

APN

44-08-0004-0184-0000

APU

4408000401840000

Description

This exceptional commercial property, located at 209 Church Street in the heart of Spencer, West Virginia, presents a unique investment opportunity. Boasting a generous 2,520 square feet of space, this property sits on a conveniently sized 0.05-acre lot, offering ample room for various business ventures. The building's versatile "Other" classification allows for a wide range of potential uses, making it an ideal canvas for creative entrepreneurs and established businesses alike. Its prime location in Spencer ensures high visibility and accessibility, placing it within easy reach of the local community and surrounding areas. The asking price of $150,000 represents a compelling value for a property of this size and potential in a thriving West Virginia market. This is a chance to acquire a well-situated commercial space ready for immediate occupancy or customized development to perfectly suit your business needs. The property's existing structure provides a solid foundation for immediate use, while its adaptable nature allows for future expansion or modification to meet evolving business requirements. Serious inquiries are encouraged to explore the full potential of this remarkable commercial offering in the vibrant town of Spencer. Don't miss this chance to secure a valuable asset in a growing community. Contact us today to schedule a viewing and begin planning your business's future in this exceptional location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,013,292

  6.5%

  $935,347

  7%

  $868,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $933,454

  Geo Method

  $933,454

• Alternative Use

  Use

  Valuation

  Residential

  $789,000

  Hospitality

  $722,720

  Educational

  $601,294

  Medical

  $621,974

  Retail

  $935,347

Location Insight

City

Spencer

County

Roane

State

West Virginia

Latitude

38.8019

Longitude

-81.3497

Property Tax & Assessments

FAQs

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