800 Main St Follansbee, WV 26037
For Sale
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This unique 60,000 dollar mixed-use property, located at 800 Main Street in the heart of Follansbee, West Virginia, presents a compelling investment opportunity. Situated on a 0.05-acre lot, the building boasts a rich history as a former bank, subsequently renovated for retail and office use. The adaptable floor plan offers significant potential for various uses. The existing retail space could be revitalized, or alternatively, converted into residential apartments, catering to the growing demand for housing in the area. The building's prime location in Follansbee offers excellent visibility and accessibility, making it an ideal choice for a variety of businesses or residential tenants. This historic structure is ready for a new chapter, offering a chance to capitalize on its unique character and central location. The property requires some renovations and improvements, presenting a chance for value-add investment. Investors seeking a project with substantial upside potential will find this property particularly attractive. Its central location and historical significance make it a standout opportunity in the Follansbee market. The building's flexible layout allows for creative adaptation to meet the needs of a diverse range of potential uses, maximizing return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price of $60,000 represents a significant value for a property of this size and location in West Virginia.
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STUFF WITH ATTITUDE Screen Printer Clothing Store
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.