524 Mileground Rd - Auto Dealership FOR SALE


Morgantown, WV 26505
$1,500,000 USD
304-826-0022
524 Mileground Rd, Morgantown, WV for Sale
$1,500,000 USD
Auto Dealership - FOR SALE
1/28
null | Request Cap Rate

524 Mileground Rd
Morgantown, WV 26505


OVERVIEW

Welcome to a prime commercial real-estate opportunity in the heart of Morgantown, WV: 524 Mileground Road (formerly Scott C's Auto Outlet) at the busy signalized intersection of Mileground Road & Hartman Run Road. NOT in city limits!! Boasting heavy daily traffic and visibility, this 1.10-acre fully paved lot offers strong exposure and flexibility for a range of business uses or redevelopment. The existing facility (~1,800 sq ft) includes two private offices, four cubicle station offices, a large showroom area, kitchen/lounge, and three bathrooms. In addition there is a 700 sq ft garage/shop bay — ideal for service, light automotive or equipment use. Utilities currently serve the building. Although originally built for a used-car dealership, the site’s size, lot configuration, and signalized intersection location lend themselves to nearly limitless freestanding-business opportunities such as retail, service, showroom/distribution, light industrial, sports/fitness facility, or even brand-new construction on this ~1.1 acre parcel. Key highlights: Signalized corner of Mileground & Hartman Run — one of the busiest corridors in Morgantown. The majority of the 1.1-acre site is paved, providing maximum flexibility for parking, display, inventory staging or redevelopment. 1,800 sq ft showroom/office building plus dedicated 700 sq ft garage/shop bay. Fully equipped utilities to the structure. Existing building may be used “as is” or razed and replaced — ideal for a custom build or national-tenant footprint. Asking price: $1,500,000. This is a rare offering in Morgantown’s highly-visible Mileground corridor — a corridor that continues to see growth, redevelopment and traffic improvements. Whether you’re looking to expand, relocate or build new, 524 Mileground Road offers serious value and strategic positioning.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$826 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

08-4-00530002,08-4-00530003

ASK ABOUT THIS PROPERTY

Paul KokoskaSnider Realty GroupMore Info
304-826-0022

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Paul KokoskaSnider Realty GroupMore Info
304-826-0022

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