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Property profile & analytics
FOR SALE
Investment properties

600 S Oakwood Ave Beckley, WV 25801

0.34 ac lot
Entity Owned 13-yr Hold Free & Clear
Property ID
US94-0369776
Property summary
AI-generated overview

This exceptional mixed-use property at 600 S Oakwood Ave, Beckley, WV 25801, presents a unique investment opportunity. The 5,270 square foot building, constructed in 1924, boasts a rich history as a highly successful restaurant, featuring ground floor dining areas, a lounge with a multi-tap bar system, and private dining spaces on upper floors. A separate building houses a fully operational brewery, adding significant potential. The property's central location makes it ideal for a variety of uses, including prime office space or retail ventures. The two-building complex sits on a 0.34-acre lot and comprises three stories, offering ample space for diverse business needs. This Class B property is offered at $395,000 and is perfect for an owner/user seeking a versatile and established location. The previous restaurant's success speaks to the property's inherent appeal and strong potential for future growth. The building's classic charm and convenient location in Raleigh County combine to create a compelling investment opportunity. This is a rare chance to acquire a well-situated property with established infrastructure and significant upside potential. The property's versatility allows for a wide range of uses, catering to various business models and maximizing return on investment. Don't miss this chance to own a piece of Beckley's vibrant commercial landscape.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.34 ac (14,723 SF)
APN 41-01- 32-0047.0000
UPID US94-0369776
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
Current use
Occupant on record · Public records
  • Dobra Zupas Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sparrow Lane LLC · 13 yrs held
Sparrow Lane LLC
since 2012
1 recorded transaction
2012
$185,000
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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