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    FOR SALE
    Office buildings

    384 Main St, Chapmanville, WV 25508

    0.35 ac lot
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US94-0584570
    Property summary
    AI-generated overview

    This exceptional three-story medical office building, located at 384 Main Street Unit 384, Chapmanville, WV, presents a unique investment opportunity. The property boasts a substantial 7,650 square feet of space, currently vacant and ready for immediate occupancy. Its prime location in Chapmanville offers excellent visibility and accessibility for potential tenants. The building sits on a sizable 1.06-acre lot, providing ample parking and potential for future expansion or development. The building's design is well-suited for a variety of medical practices or other professional office uses. Given its size and location, this property is ideal for a medical group seeking to establish a new practice or an investor looking for a strong return on investment. The asking price is $450,000, representing a compelling value in the current market. In addition to the purchase option, the property is also available for lease, offering flexibility for potential occupants. This is a rare opportunity to acquire a substantial, well-located commercial property in a growing area. Serious inquiries are encouraged to explore this promising investment or lease opportunity further. The property's vacant status allows for immediate customization to suit the needs of a new tenant or owner. Don't miss this chance to secure a prime commercial asset in Chapmanville.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.35 ac (15,420 SF)
    APN 23-01- 3-0118.0000
    UPID US94-0584570
    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
    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
    Property Management Group INC · 16 yrs held
    Property Management Group INC
    since 2009
    1 recorded transaction
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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