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    OFF-MARKET
    Office buildings

    2 Mtn Vw St, Petersburg, WV 26847-1794

    3.25 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US94-1391027
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Petersburg, West Virginia, presents two commercial buildings totaling 19,400 square feet on a 2-acre lot. The portfolio comprises two buildings situated at 2 and 7 Mountain View Street. The first building, a 13,000 square foot, single-story brick structure at 2 Mountain View Street, is currently leased to Dollar General through Summer 2028. Recent improvements include a 2018 parking lot resurfacing, a 2023 sewer line replacement, and a 2006 gravel roof replacement. The building also features a convenient overhead door accessing the parking lot. The second building, located at 7 Mountain View Street, is a two-story structure offering 6,400 square feet. Leased to Potomac Highlands Guild, a mental health clinic, until Spring 2036, this building boasts updated LVT flooring on the upper level, mini-split HVAC systems (2022-2023 installation), and a 2017 roof replacement with a transferable warranty (with notification and fee). The property offers 60 parking spaces and benefits from a high-traffic location along Virginia Avenue, averaging 6,244 vehicles daily (Esri and Data Axle, 2024 data). Both buildings are situated within the city limits of Petersburg, WV, zip code 26847. The property was built in 1966 and underwent renovations in 2006. This owner-user investment opportunity is priced at $1,060,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 3.25 ac (141,570 SF)
    APN 12-04- 5-0034.0000
    UPID US94-1391027
    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
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    Blend (final) Blend
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    Owner & transaction history
    VEACH LYSLE T LLC
    VEACH LYSLE T LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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