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    Property profile & analytics
    OFF-MARKET
    Retail space

    331 Madison Ave, Madison, WV 25130-1510

    0.22 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US94-0239116
    Property summary
    AI-generated overview

    This exceptional 3,516 square foot office building, situated on a 0.32-acre lot at 331 Madison Avenue, Madison, WV, presents a remarkable investment opportunity. Built in 2006 and boasting a brand-new metal roof installed in April 2024, this single-level property offers versatile space ideal for a variety of businesses. Currently configured into three or four distinct sections, it's perfectly suited for retail, office space, distribution, or manufacturing uses. Two sections are currently generating rental income, providing immediate return on investment. The potential exists to lease all sections, or retain some space for personal use while rental income covers expenses. The property includes all stainless steel kitchen equipment (excluding tables), a new oven (installed less than two weeks ago), ample shelving, and attractive display cases. Unique shelving and charming architectural details add character. Convenient storage areas are also available. The building is handicap accessible and benefits from abundant off-street parking. This prime location offers exceptional visibility and accessibility, making it an ideal choice for entrepreneurs seeking a ready-to-occupy space to launch or expand their business. Don't miss this chance to secure a thriving business location with significant upside potential.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 0.22 ac (9,409 SF)
    APN 03-03- 13-0027.0000
    UPID US94-0239116
    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
    • Gourmet Granny Bakery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Coop Trailhead Rentals LLC · 4 yrs held
    Coop Trailhead Rentals LLC
    since 2022
    Last sale
    $86,500
    1 recorded transaction
    2022
    $86,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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