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2239 Charles St Wellsburg, WV 26070-1017

OFF-MARKET Retail space Google Maps
0.09 ac lot
Entity Owned Free & Clear
Estimated value (blended)
$245k
Range $221k – $270k (±10%)
Property ID US94-1322020

Property summary

AI-generated overview

This exceptional mixed-use property at 2239 Charles Street in Wellsburg, West Virginia, presents a compelling investment opportunity. The 2,432 square foot building sits on a 0.09-acre lot and offers a diverse income stream. The property includes a four-bedroom, two-bathroom apartment, a currently rented studio apartment with a long-term tenant, and thirteen climate-controlled storage units. The potential for expansion is significant, with the possibility of adding seven more storage units to further increase revenue. The building benefits from ample parking located to the side, and its prime location on heavily trafficked Charles Street ensures high visibility and accessibility. This property is ideal for investors seeking a diversified portfolio with immediate cash flow and significant upside potential. The motivated seller is open to considering all offers. The combination of residential and commercial rental units, coupled with the storage facility, creates a robust and resilient income stream. The property's strategic location and existing tenant base provide a solid foundation for future growth and profitability. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location. Don't miss out on this chance to build your passive income portfolio.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.09 ac (3,790 SF)
APN 05-07-W22F-0210.0000
UPID US94-1322020

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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