609 Elk St Gassaway, WV 26624-1135

This unique 4,800 square foot mixed-use property in historic downtown Gassaway, West Virginia, presents a compelling investment opportunity. Located near the new Elk River Rail Trail, this building offers a versatile layout ideal for owner-occupancy or rental income generation. The ground floor boasts a completely updated commercial space, perfect for a storefront or business office, featuring high-speed internet, ample storage, and a half-bath. Five off-street parking spaces are available. Upstairs, a spacious two-bedroom, one-bathroom apartment is currently rented, providing immediate income. Recent renovations (2023) include a new metal roof, gas hot water tank, updated HVAC control panel, security system, double-hung windows, refinished wood flooring, and fresh paint throughout both floors. The property sits on a 0.112-acre lot and is zoned for commercial/business use. The building, constructed in 1920, is a two-story structure with two units. The upstairs apartment features a covered front porch and a fenced yard. This property offers the potential for both business and rental income streams, making it an attractive investment for a variety of buyers. The asking price is $140,000.