33 High St Romney, WV 26757-1811
This exceptional investment property at 33 S High Street, Romney, WV, presents a rare opportunity. The 10,000 square foot building sits on a 0.03-acre lot in a prime location, directly adjacent to a city park and across from the municipal building. This ensures high visibility and consistent foot traffic. The property boasts a former restaurant space, offering significant potential for a variety of commercial ventures. Adding to its appeal are two residential units: one one-bedroom apartment and one two-bedroom apartment. These units have a proven rental history, generating over $1600 in monthly income. This income stream could potentially cover a significant portion of the property's monthly expenses, making this a financially attractive proposition. The commercial space offers additional income potential, further enhancing the return on investment. The building's size and location make it ideal for a variety of uses, providing flexibility for future development and adaptation to market demands. This is a turnkey investment opportunity with immediate income generation and significant upside potential. Don't miss this chance to acquire a valuable asset in a thriving West Virginia community. The asking price is $189,900.
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.