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    OFF-MARKET
    Retail space

    545 Main St, Follansbee, WV 26037-1523

    0.06 ac lot
    Individually Owned Free & Clear
    Property ID
    US94-1395760
    Property summary
    AI-generated overview

    This unique Follansbee, WV property at 545 Main Street presents a rare opportunity. A century-old establishment, formerly DeStefano's eatery and bar, is available for purchase. The property is being sold "AS IS, WHERE IS" and offers significant potential for restoration and revitalization. The main building includes a large, three-bedroom apartment upstairs, currently occupied by a tenant/owner who is relocating. This provides an immediate income stream or the possibility of owner-occupancy while developing the business below. The sale includes two additional lots, providing ample parking. The building's rich history and prime Main Street location offer a chance to create a thriving business and recapture the charm of a beloved hometown establishment. The property sits on a 0.05-acre lot. Serious inquiries only. The asking price is $78,000. This is an exceptional opportunity for an entrepreneur with vision to build a lasting legacy in the Follansbee community. The property's size is not specified.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 0.06 ac (2,483 SF)
    APN 05-05-F14R-0032.0000
    UPID US94-1395760
    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
    DOLORES J DESTEFANO
    DOLORES J DESTEFANO
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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