Property profile

315 Straley Ave Princeton, WV 24740

FOR SALE
Storefront properties
Property ID
US94-0423088
2,334 SF
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Property summary

AI-generated overview

Excellent opportunity at a new list price!! This circa-1910 commercial property sits at the highly visible gateway to Mercer Street. With strong daily drive by traffic and great curb appeal, it is well suited for restaurant, retail, office, event, or specialty use. Additional lot with utilities across street conveys. A unique advantage is an unusually large amount of usable green space for the Downtown Mercer Street corridor, creating rare flexibility for outdoor use, parking, events, or future development. Features include commercial kitchen, ADA bathrooms, original hardwood floors, welcoming foyer, gas fireplace, covered patio. Walkable to Grassroots and Historic District.

Property profile

Verified
Property type Storefront properties
Total area 2,334 SF
UPID US94-0423088

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
  • Crisis Center Medical Clinic

Location

315 Straley Ave Princeton, WV 24740
Princeton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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