413 27Th St Vienna, WV 26105
- Investment properties
- 0.19 lot acres
Current Use by Public Records
- Investment properties
Property Details for 413 27Th St
- Lot size
- 0.19 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 54-10- 1-0106.0000
- APU
- 5410101060000
Description
This exceptional mixed-use commercial property, situated at 413 27th Street in Vienna, WV, presents a unique investment opportunity. Boasting nearly 2,900 square feet of space, the building comprises two separate office/retail units and a one-bedroom, one-bathroom residential apartment. Its strategic location off the heavily trafficked Grand Central Avenue ensures high visibility and accessibility. Each unit benefits from independent access and utilities (excluding water), offering flexibility for single or multi-tenant occupancy. The property features a prominent pylon sign, enhancing its marketing potential. Recent upgrades include a new roof, a modern HVAC system, and attractive LVT flooring throughout. The residential apartment is complete with appliances that will remain with the property. Meticulously maintained, this move-in ready building is an ideal choice for investors seeking a versatile and profitable commercial venture. The 0.31-acre lot provides ample space, and the building's well-maintained condition minimizes immediate capital expenditure needs. This is a rare opportunity to acquire a turnkey mixed-use property in a thriving West Virginia location. The combination of commercial and residential space provides diverse income streams and potential for future expansion or adaptation to changing market demands.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $215,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $230,000
- Mixed-Use
- $240,000
- Hospitality
- $190,000
- Educational
- $205,000
- Residential Income
- $215,000
- Energy
- $190,000
- Income-Based Land
- $185,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Vienna
- County
- Wood
- State
- West Virginia
- Longitude
- -81.5517
- Latitude
- 39.3242
- CBSA code
- 37620
- CBSA name
- PARKERSBURG-MARIETTA-VIENNA, WV-OH METROPOLITAN STATISTICAL AREA