366 Main St Madison, WV 25130
- Retail space
- 0.11 lot acres
Current Use by Public Records
- Retail space
Property Details for 366 Main St
- Lot size
- 0.11 lot acres
- Property type
- Retail space
- APN
- 03-03- 5-0164.0000
- APU
- 303501640000
Description
This exceptional investment opportunity in Madison, West Virginia, presents a versatile 5,880 square foot retail property situated on a 0.21-acre lot at 366 Main Street, Unit 366. Conveniently located just off US-119 and a 40-minute drive from Charleston, this property offers significant income potential. The ground floor features a partially equipped former restaurant space, complete with all utilities and a walk-in freezer. Furnishings are included, making it ideal for a quick start-up or relaunch of a food service business
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $365,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $385,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $305,000
- Retail
- $360,000
- Mixed-Use
- $295,000
- Hospitality
- $290,000
- Educational
- $285,000
- Residential Income
- $345,000
- Energy
- $325,000
- Income-Based Land
- $295,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Boone
- State
- West Virginia
- Longitude
- -81.8219
- Latitude
- 38.0641
- CBSA code
- 16620
- CBSA name
- CHARLESTON, WV METROPOLITAN STATISTICAL AREA