48 Donley StMorgantown, WV 26501

Property Details for 48 Donley St

Lot size

0.34 AC

Property type

Office properties

Property subtype

Office buildings

APN

31-09- 28-0017.0000

APU

31092800170000

Description

Marina Tower, a prestigious Class A office building in Morgantown, West Virginia, offers 89,448 square feet of prime commercial space. Built in 2009, this eight-story building boasts three elevators and is conveniently located at 48 Donley Street, near Clay Street, in the vibrant Wharf District. Currently, 3,300 square feet of office space is available for lease, ideal for a variety of professional businesses. The building's B-4 pedestrian zoning allows for flexible use. Marina Tower is a multi-tenant building, with notable occupants including West Virginia University, Spilman Thomas Battle, and Northeast Energy, some of whom occupy entire floors. Building amenities include the on-site 48 Donley Street Restaurant and the River View Rooftop Bar, providing convenient and attractive options for tenants and their clients. The building's location on the rail trail adds to its appeal. This exceptional property presents a unique opportunity for businesses seeking a high-quality, well-located office space in a thriving downtown area. The available space totals 3,300 square feet. The building is situated in Monongalia County, West Virginia, with a zip code of 26501.

• CAP approach

  CAP return

  Valuation

  6%

  $3,493,990

  6.5%

  $3,225,222

  7%

  $2,994,849

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,935,119

  Geo Method

  $2,935,119

• Alternative Use

  Use

  Valuation

  Residential

  $3,999,275

  Hospitality

  $3,663,314

  Educational

  $3,047,835

  Medical

  $3,152,654

  Retail

  $4,741,076

Location Insight

City

Morgantown

County

Monongalia

State

West Virginia

Latitude

39.6257

Longitude

-79.9631

CBSA code

34060

CBSA name

MORGANTOWN, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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