105 Main StRivesville, WV 26588

Property Details for 105 Main St

Lot size

0.82 AC

Property type

Retail properties

Property subtype

Retail space

APN

24-17- 40-0002.0001

APU

24174000020001

Description

This Rivesville, West Virginia commercial property, located at 105 Main Street, 26588, is being offered at public auction on Thursday, October 22nd at 5:00 PM. Disregard the listed price of $199,900; the property will be sold to the highest bidder at auction. The property encompasses approximately 1.27 acres (as assessed) and features three block buildings: a 30x50 building, a 16x24 building, and a 24x40 building. A total of fifteen storage units are included. The property boasts 750 feet of road frontage along US-19, a paved and graveled parking lot, and fantastic views of the Mon River. City water and city sewage are available. Online bidding is available. Detailed auction participation information can be found on the Joe R. Pyle Auctions website. This is a unique opportunity to acquire a substantial commercial property in a desirable location. The property's size, location, and features make it ideal for a variety of commercial uses. Don't miss this chance to own a piece of Rivesville's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $12,497,188

  6.5%

  $11,535,865

  7%

  $10,711,875

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,996,976

  Geo Method

  $17,996,976

• Alternative Use

  Use

  Valuation

  Residential

  $9,730,934

  Hospitality

  $8,913,483

  Educational

  $7,415,914

  Medical

  $7,670,958

  Retail

  $11,535,865

Location Insight

City

Rivesville

County

Marion

State

West Virginia

Latitude

39.5279

Longitude

-80.1264

CBSA code

21900

CBSA name

FAIRMONT, WV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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