Property summary
This mixed-use property at 3653 Murdoch Avenue in Parkersburg, West Virginia, presents a compelling investment opportunity. The 2,184 square foot building, constructed in 1934, sits on a 0.34-acre lot and is currently configured as a salon with a lease in place, generating a net monthly income of $2,000. The property enjoys a high-traffic location adjacent to Grand Central Mall and other retail establishments, ensuring excellent visibility and accessibility. The asking price is $244,000, translating to $111.72 per square foot. Note that the existing billboard does not convey with the sale. All personal property and equipment belonging to the current salon tenant will be removed upon request of a new owner who does not intend to renew the lease. Interior photos depict the space before recent tenant improvements and upgrades. This property is ideal for investors seeking a stable income stream and strong potential for future growth in a vibrant commercial area. The property's zip code is 26101, and it is located in Wood County.
Property profile
VerifiedCap rate & NOI
Current use
-
Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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