Property profile

48 Donley St Morgantown, WV 26501

FOR LEASE
Office buildings
Property ID
US94-0429601
0.34 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Marina Tower, a prestigious Class A office building in Morgantown, West Virginia, offers 89,448 square feet of prime commercial space. Built in 2009, this eight-story building boasts three elevators and is conveniently located at 48 Donley Street, near Clay Street, in the vibrant Wharf District. Currently, 3,300 square feet of office space is available for lease, ideal for a variety of professional businesses. The building's B-4 pedestrian zoning allows for flexible use. Marina Tower is a multi-tenant building, with notable occupants including West Virginia University, Spilman Thomas Battle, and Northeast Energy, some of whom occupy entire floors. Building amenities include the on-site 48 Donley Street Restaurant and the River View Rooftop Bar, providing convenient and attractive options for tenants and their clients. The building's location on the rail trail adds to its appeal. This exceptional property presents a unique opportunity for businesses seeking a high-quality, well-located office space in a thriving downtown area. The available space totals 3,300 square feet. The building is situated in Monongalia County, West Virginia, with a zip code of 26501.

Property profile

Verified
Property type Office buildings
Use group SKYSCRAPER/HIGH-RISE (COM OFFICES)
Lot 0.34 ac (14,680 SF)
APN 31-09- 28-0017.0000
UPID US94-0429601

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Law Firm
  • Insurance Agency
  • Advertising Agency Marketing & Advertising
  • Physician

Location

48 Donley St Morgantown, WV 26501
Morgantown metro Census 11000 MORGANTOWN, WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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