109 E Main St - Drug Store FOR SALE


Mannington, WV 26582
$1,108,989 USD
109 E Main St, Mannington, WV for Sale
$1,108,989 USD
Drug Store - FOR SALE
1/3
null | 18% Cap Rate

109 E Main St
Mannington, WV 26582


HIGHLIGHTS

  • Value-add opportunity: upcoming lease expiration to re-tenant or reposition the asset.
  • 11,440 SF single-story retail on 1.07 acres with drive-thru and pylon signage.
  • 2020 roof replacement backed by a 20-year warranty, reducing capital expenditures.
  • ~280 feet of frontage on East Main Street with 8,000+ VPD on nearby US-250.
  • Downtown revitalization underway near historic Old Show Building restoration.
  • Mannington is a Preserve America Community listed on the National Register of Historic Places.

OVERVIEW

Broker of Record Brayden Conner License # WVB250301071, WVB250301071 (WV) Matthews Real Estate Investment Services, Inc 300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,108,989 USD

PRICE/SF

$97 USD /SF

CAP RATE

18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,783 SF

ZONING

-

APN/PARCEL ID

13-7-00970000

ASK ABOUT THIS PROPERTY

Brayden ConnerMatthews Real Estate Investment ServicesMore Info

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