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    OFF-MARKET
    Office buildings

    1489 Locust Ave, Fairmont, WV 26554-1393

    0.55 ac lot
    Individually Owned 9-yr Hold Free & Clear
    Property ID
    US94-0428761
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.55 ac (24,002 SF)
    APN 24-03- 11-0008.0001
    UPID US94-0428761
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Natalie Sabak Pope · 9 yrs held
    Natalie Sabak Pope
    since 2016
    2 recorded transactions
    2016
    $147,000
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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