2 Mtn Vw St, Petersburg, WV 26847-1794
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.