1287 Richwood Ave, Morgantown, WV 26505-5267
This thriving convenience store and gas station, located at 1287 Richwood Avenue in Morgantown, West Virginia, presents a compelling investment opportunity. The 3,000 square foot property sits on a 0.28-acre lot and boasts 100% occupancy. Currently operating as the Richwood Mini Mart, this single-tenant retail space offers an established business with a proven track record. A key advantage is the inclusion of a transferable beer and liquor license, enhancing revenue potential. Furthermore, the property benefits from an open fuel contract, securing a crucial aspect of the business's operations. The limited competition in the area provides a significant market advantage. Financial information is available upon request. This owner-user investment is ideal for a growing operator seeking to expand their portfolio. The property presents a value-add opportunity, with potential for increased gallon sales through the addition of an EMV-compliant pump. This turnkey operation offers a strong foundation for continued success and growth in a desirable location. The property's zip code is 26505.
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Richwood Mini Mart Grocery & Convenience Store
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ATM Atm
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Freedom Gateway Bitcoin ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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