1697 Middleway Pike - Storefront Retail/Residential FOR SALE


Bunker Hill, WV 25413
$430,000 USD
304-260-9380
1697 Middleway Pike, Bunker Hill, WV for Sale
$430,000 USD
Storefront Retail/Residential - FOR SALE
1/24
null | Request Cap Rate

1697 Middleway Pike
Bunker Hill, WV 25413


HIGHLIGHTS

  • Income-Producing Mixed-Use Property in Fast-Growing Berkeley County, WV!

OVERVIEW

Income-Producing Mixed-Use Property in Fast-Growing Berkeley County, WV! ?.32-acre residential/commercial lot featuring a renovated 1,309 SF duplex and two established commercial tenants. Duplex includes a 2BR/1.5BA and 1BR/1BA unit, renovated LIKE NEW in 2024/2025 to include paint, flooring, baths, kitchen, plumbing, electrical, insulation, floor joists and sub flooring. In addition, the main water line was replaced and a foundation company installed a water diversion system with a lifetime warranty. Both units are month-to-month, offering rent growth potential. Commercial frontage on Middleway Pike is leased to an established car dealer on a 2-year lease. Rear frontage on Cheshire Rd. is occupied by the current owner’s auto dealership with an 8-year lease requirement. Gravel parking pad accommodates 4 vehicles for duplex tenant parking, 10 spaces for front auto dealer, and 11 spaces for rear auto tenant. Property generates $3,800/month in gross income across four leases. Located in Berkeley County, WV, recognized as the fastest-growing county in the state, with close proximity (25 min) to Loudoun County, VA, the nation’s wealthiest county. The property benefits from strong population growth, increased demand, and a comparatively high concentration of above-average income households… further enhancing long term appreciation potential and tenant demand. Ideal opportunity for investors seeking stable income with future upside.

FOR SALE DETAILS

PRICE

$430,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

-

APN/PARCEL ID

07-10-00220023

ASK ABOUT THIS PROPERTY

Diva BuntingTouchstone Realty, LLCMore Info
304-260-9380

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Diva BuntingTouchstone Realty, LLCMore Info
304-260-9380

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