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Property profile & analytics
FOR SALE
Office buildings

1053 Maple Dr Morgantown, WV 26505

1,442 SF 0.63 ac lot Built 1930
Individually Owned 10-yr Hold Absentee Owner
Property ID
US94-0076214
Property summary
AI-generated overview

This exceptional commercial property at 1053 Maple Drive in Morgantown, West Virginia, offers 3,400 square feet of immediately available space within a larger 21,000 square foot building. Located in the Chestnut Ridge submarket of Monongalia County, this Class B building, constructed in 2020, boasts a prime location strategically situated between Ruby Memorial Hospital and Mon General Hospital, benefiting from high visibility and significant foot traffic. The property features multiple tenancies, with a minimum divisible space of 1,300 square feet and a maximum contiguous space of 3,400 square feet. Its versatile design caters to various business needs, including traditional office, medical office, coworking, and creative office uses. The building is a three-story structure with ample parking, easily accessible from all four sides, and situated conveniently near shopping and dining options. This location offers a significant advantage by being outside city limits, eliminating B&O taxes, and providing all utilities on-site. The property enjoys excellent visibility from Route 705, a major thoroughfare in Morgantown. Negotiable pricing is available. This is a unique opportunity to establish a thriving business in a high-traffic, convenient location. The zip code is 26505.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Total area 1,442 SF
Lot 0.63 ac (27,530 SF)
APN 31-08- 4C-0020.0000
UPID US94-0076214
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Northwestern Mutual of Morgantown WV Financial Advisor
  • Northwestern Mutual: Chris Wade Financial Advisor
  • Mountaineer Roasting Co. Coffee & Bar Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Robert J Connor JR · 10 yrs held
Robert J Connor JR
since 2015
7 recorded transactions
2019
Price N/A
2015
Price N/A
2014
$475,000
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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