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    FOR SALE
    Specialty properties

    1201 7Th Ave, Huntington, WV 25701

    0.13 ac lot
    Individually Owned 18-yr Hold Free & Clear
    Property ID
    US94-0351665
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 1201 7th Avenue in Huntington, West Virginia, presents a compelling investment opportunity. The building is situated on a 0-acre lot and offers significant potential for a variety of uses, given its mixed-use zoning classification. While the precise square footage is currently unavailable, the property's strategic location in Huntington makes it an attractive prospect for both investors and entrepreneurs. The asking price is $159,900, representing a potentially strong return on investment considering the property's versatility and location within a vibrant West Virginia city. Further due diligence is encouraged to fully assess the property's potential and to determine the optimal use for this unique asset. The property's address, 1201 7th Avenue, places it within easy reach of local amenities, transportation routes, and a diverse population base. This makes it ideal for a range of commercial ventures, from retail spaces to professional offices, or a combination thereof. Interested parties are encouraged to conduct their own independent investigation into zoning regulations, potential renovations, and market analysis to fully understand the property's potential and to formulate a comprehensive business plan. The property is being offered as-is. This is a rare opportunity to acquire a mixed-use property in a desirable location at an attractive price point. Don't miss out on this chance to secure a valuable asset in the thriving Huntington market.

    Property profile
    Verified
    Property type Specialty properties
    Use group CHARITABLE ORGANIZATION
    Lot 0.13 ac (5,489 SF)
    APN 06-05- 30-0186.0000
    UPID US94-0351665
    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
    • Barnett Hospital and Nursing School Hospital
    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
    Historic Barnett Apartments, L.p. · 18 yrs held
    Historic Barnett Apartments, L.p.
    since 2008
    1 recorded transaction
    2008
    $12,000
    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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