641 Brockway Ave Morgantown, WV 26501-6215
This exceptional mixed-use property in Morgantown, West Virginia, presents a unique investment opportunity. The offering encompasses a 10,577 square foot commercial building at 641 East Brockway Avenue, strategically located approximately 1 mile from Downtown Morgantown and West Virginia University, and 2.3 miles from I-68, Exit 4. The building, constructed in 1957, boasts excellent visibility from East Brockway Avenue, with opportunities for prominent signage. The main commercial building features approximately 5,577 square feet of leasable office/warehouse space on the upper level, accessible at ground level with convenient off-street parking. A significant portion of the building (approximately 5,000 square feet) is comprised of basement garage space. The sale also includes two adjacent residential properties: a 1,188 square foot single-family home at 645 East Brockway Avenue (currently leased for $1,300 per month), and a smaller 690 square foot home at 624 East Brockway Avenue, situated on an additional 0.73 acres of land across the street. The commercial building's roof was replaced within the past ten years. The asking price for the entire property is $690,000, representing a price per square foot of $65.24. The property's proximity to major employers and residential areas, combined with its high visibility and ample parking, makes it an attractive investment for both owner-occupiers and investors. Note that the smaller home at 624 East Brockway Avenue is subject to a life estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.