1868 Coal City Rd - Schools FOR SALE


Coal City, WV 25823
$325,000 USD
304-683-3302
1868 Coal City Rd, Coal City, WV for Sale
$325,000 USD
Schools - FOR SALE
1/6
null | Request Cap Rate

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1868 Coal City Rd
Coal City, WV 25823


HIGHLIGHTS

  • Heavy out-of-state traffic
  • Land to expand on
  • Open plan for different types of businesses

OVERVIEW

Historic schoolhouse with income potential! This one-story block and brick building has character, along with a solid foundation. The spacious 26,966 sq/ft building features numerous open rooms, restrooms, kitchen area, gym area, and flexible spaces that could be transformed into lodging, a retreat center, apartments, storage facilities, or even a community hub. All public utilities are available. With approximately 2 acres of gently sloping land, it has endless possibilities, especially being located just minutes away from popular four-wheeler and ATV trail systems, such as, the Hatfield & McCoy Trails, Burning Rock, and the historic railroad tunnel of Sophia. So, with these trail systems comes high out-of-state recreational visibility. This property also offers plenty of parking space for trailers, ATVs, or event guests, making it ideal for commercial, recreational, or residential conversion. It is located in southern WV, and also easily accessible to the Coalfield Expressway, which eventually will connect the two Virginias. So, it is the perfect spot for investors. For peace of mind, if desired, it can come with a reliable tenant already leasing a portion of the building.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Telecom Hotel/Data Hosting, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

4109100100200000

ASK ABOUT THIS PROPERTY

Cindy KippsCJB Rentals, LLCMore Info
304-683-3302

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Cindy KippsCJB Rentals, LLCMore Info
304-683-3302

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