Excellent once in a lifetime opportunity to purchase a mixed use commercial property in the heart of downtown Morgantown, WV, home of Big 12 Member West Virginia University. Conjoined mixed use buildings, 223 Chestnut built in 2008 and 227 Chestnut originally built in 1930, for sale directly next to the Walnut stop on Morgantown's famous Personal Rapid Transit (PRT) Station.
223 Chestnut Street is a secure building with elevator service that features ten 1 bd/1 bath luxury units and three 2 bd/2.5 bath luxury units built in 2008, with a garage underneath boasting parking for approximately 8 vehicles, in addition to an outside lot that can accommodate 6 vehicles.
227 Chestnut Street is home to the Apothecary Bar, Anu Academy training center, 3 1 bd/1 bath, three 2 bd/1bath units, 2 huge luxury 3 bd/3bath units, and one 4bd/4 bath apartment.
Great investment opportunity!! Appraised in 2017 at $2,500,000!!
20 Total Apartment Units
7,259 SF of Commercial Space
36,600 SF Gross Building Area
29,223 SF Multifamily Rentable Area