1900 Morgantown Industrial Park Rd - Warehouse FOR SALE


Morgantown, WV 26501
$1,620,000 USD
304-685-5612
1900 Morgantown Industrial Park Rd, Morgantown, WV for Sale
$1,620,000 USD
Warehouse - FOR SALE
1/21
null | 7.51% Cap Rate

1900 Morgantown Industrial Park Rd
Morgantown, WV 26501


HIGHLIGHTS

  • Fully leased 12,500 SF industrial building on 1.15 acres.
  • Located 2.5 miles from I-79 Exit 152, providing strong transportation access.
  • Long-term tenant occupancy, including a 10+ year tenant and recent renewals.
  • Current annual rental income of $146,280 with a 7.5% cap rate.
  • Positioned within Morgantown Industrial Park near Metro Business Park and Morgantown Mall.
  • Potential for value-add through future rent increases.

OVERVIEW

This fully leased industrial property offers a strong investment opportunity in Morgantown’s established industrial corridor. Positioned within Morgantown Industrial Park, the asset spans 12,500 square feet on 1.15 acres and is currently 100% occupied by long-term tenants, including Builder Services Group and Terracon. The property generates an annual rental income of $146,280 with a net operating income of $121,643, reflecting a 7.5% cap rate. Located just 2.5 miles from I-79 Exit 152, the site provides excellent regional connectivity for distribution and service operations. The surrounding area includes Metro Business Park and proximity to Morgantown Mall, offering a strong commercial ecosystem. Tenants have demonstrated stability, with one occupant maintaining a presence for over a decade and recent lease renewals ensuring continued income security. With limited industrial availability in the Morgantown market and potential for future rent growth, this property represents a compelling value-add opportunity for investors seeking reliable cash flow and long-term upside in a growing economic hub.

FOR SALE DETAILS

PRICE

$1,620,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

7.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Morgantown Industrial Park

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

1

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15

LAND SF

50,094

ZONING

NZ

APN/PARCEL ID

07-13G-00070000

ASK ABOUT THIS PROPERTY

Mike AudiaPremier Commercial Real Estate Services LLCMore Info
304-685-5612

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Mike AudiaPremier Commercial Real Estate Services LLCMore Info
304-685-5612

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