3653 Murdoch Ave, Parkersburg, WV 26101-1026
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.
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Cafe 3653 Cafe & Coffee Shop
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
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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.