1489 Locust Ave, Fairmont, WV 26554-1393
This exceptional commercial property located at 1489 Locust Avenue in Fairmont, West Virginia, presents a compelling investment opportunity. The building boasts a substantial 7,530 square feet of office space, offering ample room for a variety of business needs. Situated on a sizable 0.54-acre lot, the property provides ample parking and potential for future expansion or outdoor amenities. The asking price of $290,000 represents significant value in the Fairmont commercial real estate market. The building's size and location make it ideal for a range of businesses, from established companies seeking to relocate or expand to startups looking for a prominent presence in the community. The property's substantial square footage allows for flexible configurations to accommodate diverse operational requirements. Its location in Fairmont offers easy access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a well-positioned commercial property at an attractive price point. Serious inquiries are encouraged to explore the potential of this valuable asset. Further details regarding the building's layout, zoning, and potential uses are available upon request. Don't miss this chance to secure a prime commercial property in a growing West Virginia market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.