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Property profile & analytics
OFF-MARKET Estimated value $265,000
Retail space

1425 Market St Wheeling, WV 26003-3529

0.06 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US94-0441594
Property summary
AI-generated overview

This exceptional retail/restaurant space, totaling 20,932 square feet, is available for lease in a newly renovated (2023) historic building in downtown Wheeling, West Virginia. The property offers flexible lease options, with spaces ranging from a minimum of 944 square feet to a maximum contiguous space of 5,233 square feet, currently vacant. The building features a prime location on Market Street, boasting superior frontage and visibility, and the potential for outdoor seating accommodating approximately 80-90 guests. This vibrant location is surrounded by a thriving mix of established businesses including River City, DiCarlo’s Pizza, Vagabond Kitchen, and many others, ensuring high foot traffic and visibility. The property's proximity to major employers such as Kalkreuth HQ, The Health Plan HQ, and the new WVU Cancer Center, along with cultural attractions like Wesbanco Arena and the Capital Theatre, further enhances its appeal. Wheeling's strategic location, within an hour's drive of Pittsburgh, PA, and its convenient access to major roadways (West Virginia Route 2, Interstate 70, and Interstate 470), makes it an attractive destination. The building also includes nine apartment units. This is a unique opportunity to establish a presence in a revitalized historic district within a bustling metropolitan area (Wheeling MSA population approximately 150,000). The space is ideal for a variety of retail or restaurant concepts seeking a high-traffic, high-visibility location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.06 ac (2,831 SF)
APN 35-10-W50D-0073.0000
UPID US94-0441594
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
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k
Owner & transaction history
Standard Cigar Works LLC · 2 yrs held
Standard Cigar Works LLC
since 2023
3 recorded transactions
2023
Price N/A
2023
Price N/A
2006
$33,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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