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Property profile & analytics
OFF-MARKET
Retail space

641 Brockway Ave Morgantown, WV 26501-6215

0.42 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US94-0015084
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.42 ac (18,208 SF)
APN 31-10- 35-0096.0000
UPID US94-0015084
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
Brockway Enterprises LLC · 1 yrs held
Brockway Enterprises LLC
since 2024
Last sale
$165,000
1 recorded transaction
2024
$165,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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