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    OFF-MARKET
    Retail space

    1511 Fairmont Ave, Fairmont, WV 26554-2135

    0.14 ac lot
    Individually Owned 15-yr Hold Free & Clear
    Property ID
    US94-0129672
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1511 Fairmont Avenue in Fairmont, West Virginia, presents a unique investment opportunity. The building encompasses 1,376 square feet of usable space, situated on a 0.14-acre lot. Its versatile "Other" property type allows for a wide range of potential uses, making it ideal for entrepreneurs and established businesses alike. The property's prime Fairmont Avenue location offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. The asking price of $179,900 represents a compelling value for a property of this size and location in a thriving West Virginia market. The substantial square footage provides ample space for various business configurations, allowing for customization to meet specific operational needs. This property is ready for immediate occupancy, presenting a rare chance to establish or expand a business in a desirable area. Its strategic location within Fairmont offers easy access to major transportation routes, enhancing its appeal to a broad range of potential buyers. The 0.14-acre lot provides ample space for parking or potential future expansion. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss this chance to acquire a valuable commercial asset in a vibrant and growing community.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 0.14 ac (6,011 SF)
    APN 24-04- 1-0016.0000
    UPID US94-0129672
    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
    Nathan C Berry · 15 yrs held
    Nathan C Berry
    since 2010
    1 recorded transaction
    2010
    $180,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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