402 Mercer St, Princeton, WV 24740-3108
This 0.19-acre commercial property located at 402 Mercer St., Princeton, WV 24740, is being offered at public auction. Currently operating as a pawn shop, the building features a large showroom and multiple back storage rooms, providing ample space for various business uses. The property boasts convenient parking, a significant advantage for both employees and customers. The auction will take place at the Mercer County Courthouse on Thursday, August 8th, at 11:30 AM. Interested parties are encouraged to attend the live auction or participate in the online bidding process. The building's square footage is not currently specified, but the substantial showroom and storage areas suggest considerable usable space. The property's location in Princeton, West Virginia, offers access to local amenities and a potentially strong customer base. Please note that the listed asking price of $98,400 is disregarded; the final sale price will be determined through the auction process. This presents a unique opportunity to acquire a commercial property in a desirable location at a competitive price. All interested parties should conduct their own due diligence prior to bidding.
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Gold-N-Pawn a HFO company Discount Store (Bike/Boat/Book/etc) Store
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
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.