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Property profile & analytics
OFF-MARKET
Retail space

2109 Pennsylvania Ave Weirton, WV 26062-3525

0.15 ac lot
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US94-0446340
Property summary
AI-generated overview

This mixed-use property, located at 2109 Pennsylvania Ave in Weirton, West Virginia, presents a unique investment opportunity. Built in 1940, the building sits on a 0.15-acre lot and is currently configured as a bar/restaurant, complete with a fully functional kitchen featuring an expanded hood system, walk-in cooler, sound system, and lighting. All necessary equipment for restaurant operation is included. The property's versatility extends beyond its current use; the layout is suitable for a variety of business ventures. The inclusion of a full basement offers additional storage and office space, presenting further expansion possibilities. The property's zoning allows for legal gaming machines, offering potential for increased revenue. The asking price is $189,900. This turn-key operation is ready for a new owner to capitalize on its existing infrastructure and prime location. The property is zoned for convenience store and grocery store uses as well. This is an exceptional opportunity for an entrepreneur seeking a profitable business venture in a desirable location. The property's potential is limited only by the imagination of its new owner.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.15 ac (6,490 SF)
APN 15-06-W39R-0106.0000
UPID US94-0446340
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
Current use
Occupant on record · Public records
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
William E Gongloff · 19 yrs held
William E Gongloff
since 2007
1 recorded transaction
2007
$135,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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