156 Clay St - Apartments FOR SALE


Morgantown, WV 26501
$1,695,000 USD
304-276-3311
156 Clay St, Morgantown, WV for Sale
$1,695,000 USD
Apartments - FOR SALE
1/19
null | 6.77% Cap Rate

156 Clay St
Morgantown, WV 26501


OVERVIEW

Introducing a fully leased, well kept, historic piece of prime property sitting right on Morgantown’s Wharf District- Main floor is currently leased out to a well known catering business/venue and features a fully equipped commercial grade kitchen, restaurant seating, large bar, and covered outdoor seating area. Top floors feature one studio apartment, five 1 bedroom apartments, and two 2 bedroom apartments, all which are currently leased out. Recent improvements include 4 renovated apartment units, new roof, updated HVAC system, and 15 new double pane windows. All of this, complimented by an ADDITIONAL 4,818 sqft gravel lot for off street parking. Call list agent for restaurant rent and additional information. Accompanied showings only.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

8

PRICE/UNIT

$211,875

CAP RATE

6.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

B-4

APN/PARCEL ID

09-28-00380000

ASK ABOUT THIS PROPERTY

Michelle DudaCompass Realty GroupMore Info
304-276-3311

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Michelle DudaCompass Realty GroupMore Info
304-276-3311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.