331-307-7194
201 3rd St, Parkersburg, WV for Sale
Apartments - FOR SALE
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201 3rd St
Parkersburg, WV 26101


HIGHLIGHTS

  • Rental income from Residential units, commercial office spaces, and parking garage
  • Convenient location in the heart of downtown Parkersburg close to amenities
  • Attached parking garage with 286 spaces enhances convenience for tenants and visitors.
  • Easy access to the Ohio River and major roadways, supporting connectivity and lifestyle appeal.

OVERVIEW

Towne Square Apartments presents a compelling investment opportunity in the heart of Parkersburg, West Virginia. This mixed-use property spans approximately 157,969 square feet and includes 43 residential units, eight commercial spaces on the ground level, and an attached parking garage with 286 spaces. Built in 1984, the property offers a solid foundation for long-term ownership and income generation. Situated in a vibrant and growing community, the asset benefits from its proximity to key amenities such as the Grand Central Mall, Parkersburg City Park, and multiple dining and retail options. The location also provides easy access to the Ohio River, offering recreational opportunities and scenic appeal. Parkersburg’s downtown district combines cultural attractions with small-town charm, creating a desirable environment for both residents and businesses. With its prime location, mixed-use configuration, and ample parking, Towne Square Apartments is well-positioned for investors seeking a stable asset with potential for value enhancement. The property’s scale and layout support a variety of strategies, including repositioning or continued operation as a mixed-use development.

FOR SALE DETAILS

PRICE

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# OF UNITS

43

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Towne Square Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

1984

PARKING SPACES

230

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,752 SF

ZONING

-

APN/PARCEL ID

05-94-00520000

ASK ABOUT THIS PROPERTY

Monica DanekPerformance Real Estate AdvisorsMore Info
331-307-7194

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Monica DanekPerformance Real Estate AdvisorsMore Info
331-307-7194

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