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Property profile & analytics
OFF-MARKET
Parking lots & garages

132 High St Morgantown, WV 26501-5924

0.14 ac lot
Individually Owned Free & Clear
Property ID
US94-0369462
Property summary
AI-generated overview

This exceptional 6,400-square-foot commercial property, situated on a 0.67-acre lot in Morgantown, West Virginia, presents a unique investment opportunity. Previously operating as a car wash, the L-shaped building offers ample space for various uses. Its prime location along South High Street ensures high visibility to significant daily traffic flow. The property boasts easy access for vehicles of all sizes, with convenient wash and vacuum bays. Investors can choose to operate the existing structure or pursue redevelopment to suit alternative business needs. Its proximity to West Virginia University's main campus and downtown Morgantown provides immediate access to a large customer base and numerous amenities. The property's strategic location offers easy access to major roadways, including I-79 (Exit 152), I-68 (Exits 1 and 7), enhancing its appeal and accessibility. A 2015 West Virginia Department of Highways report indicates a daily traffic count of 20,246 vehicles on nearby Beechurst Avenue, further highlighting the property's high visibility and potential. The asking price is $745,000, translating to $116.41 per square foot. This one-story building is classified as Class C and is located within Morgantown city limits at 132 S High St, Morgantown, WV 26501. This property offers significant potential for a savvy investor seeking a high-traffic location with redevelopment possibilities.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Lot 0.14 ac (6,011 SF)
APN 31-09- 37-0099.0000
UPID US94-0369462
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
DONALD A STENGER
DONALD A STENGER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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