541 Spruce St - Flex FOR SALE


Thomas, WV 26292
$1,095,000 USD
301-616-4126
541 Spruce St, Thomas, WV for Sale
$1,095,000 USD
Flex - FOR SALE
1/65
null | Request Cap Rate

541 Spruce St
Thomas, WV 26292


OVERVIEW

Nestled in the heart of Thomas, WV—a charming mountain town known for its rich history, creative spirit, and access to stunning outdoor recreation—this beautifully remodeled commercial building offers over 8,200 sq ft of income-producing space. Renovated in 2022, the property combines modern systems and finishes. The main level includes three fully leased units: a physical therapy office with two private treatment rooms, an office, a large multipurpose waiting area, two half baths, and a brand-new mini split system; a gym featuring a new HVAC unit and half bath; and an acupuncture and wellness studio offering three private rooms, a full bath, laundry, and an infrared sauna. Upstairs, the property features two successful Airbnb units—one a 1-bedroom studio and the other a 2-bedroom, 1-bath unit with in-unit laundry—each equipped with individual mini splits for personalized climate control. A fully unfinished basement offers additional space with future income potential. The property backs directly to the National Forest and the North Fork of the Blackwater River, providing a peaceful and scenic backdrop. A brand-new Duro-Last roof and gutter system were installed in 2025, along with dedicated on-site parking. As one of the few free-standing commercial buildings in Thomas, this property stands out with its prime location, strong tenant base, and turnkey condition. Don’t miss this rare opportunity to invest in one of West Virginia’s most vibrant and picturesque small towns.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

General Commercial

APN/PARCEL ID

47-12- 2-0125.0000

ASK ABOUT THIS PROPERTY

Laura NewhallTaylor Made Real EstateMore Info
301-616-4126

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Laura NewhallTaylor Made Real EstateMore Info
301-616-4126

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