626 Elk StGassaway, WV 26624

Property Details for 626 Elk St

Lot size

0.08 AC

Property type

Healthcare properties

Property subtype

Medical offices

APN

04-04- 6-0015.0000

APU

404600150000

Description

This exceptional commercial property, located at 626 Elk Street in Gassaway, West Virginia, presents a fantastic investment opportunity. The building offers a substantial 2,500 square feet of office space, ideal for a variety of businesses. Situated on a conveniently sized 0.08-acre lot, the property provides ample space for parking and potential future expansion. The asking price of $125,000 represents significant value in the current market. The building's location in Gassaway offers easy access to local amenities and transportation routes, making it an attractive option for businesses seeking a well-positioned office space. This property is ready for immediate occupancy and presents a unique chance to establish or expand your business in a thriving community. The building's size and layout offer flexibility for customization to suit individual business needs. Serious inquiries are encouraged to explore this promising investment opportunity further. Don't miss the chance to own this well-priced commercial property in a desirable location. The property is being sold as-is. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $621,775

  6.5%

  $573,947

  7%

  $532,950

• Comparable approach

  Method

  Valuation

  Relative Method

  $334,125

  Geo Method

  $334,125

• Alternative Use

  Use

  Valuation

  Residential

  $711,694

  Hospitality

  $651,908

  Educational

  $542,380

  Medical

  $561,033

  Retail

  $843,702

Location Insight

City

Gassaway

County

Braxton

State

West Virginia

Latitude

38.6742

Longitude

-80.7744

Property Tax & Assessments

FAQs

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