338 Locust Ave, Fairmont, WV 26554-4716
This exceptional commercial property, located at 338 Locust Avenue in Fairmont, West Virginia, presents a unique investment opportunity. The building encompasses a substantial 2,052 square feet of space, offering ample room for a variety of commercial ventures. Situated on a conveniently sized 0.11-acre lot, the property provides sufficient land for expansion or outdoor activities, depending on the intended use. The asking price is $89,900, representing a competitive entry point into the Fairmont commercial real estate market. The property's "Other" classification suggests versatility in its potential applications, making it suitable for a broad range of businesses. Its location in Fairmont offers access to a established community and local infrastructure. The property's size and price point make it an attractive option for entrepreneurs and investors seeking a foothold in a growing market. Further due diligence is recommended to fully assess the property's suitability for specific business plans. Interested parties are encouraged to conduct thorough inspections and research to determine the property's potential and align it with their individual business objectives. This property offers a compelling blend of size, location, and affordability, making it a noteworthy opportunity in the Fairmont commercial real estate landscape. Serious inquiries are welcome.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.