709A Division St - Freestanding FOR SALE


Parkersburg, WV 26101
$1,199,999 USD
304-485-8000
709A Division St, Parkersburg, WV for Sale
$1,199,999 USD
Freestanding - FOR SALE
1/35
null | 8.5% Cap Rate

709A Division St
Parkersburg, WV 26101


HIGHLIGHTS

  • Centrally located in high traffic area
  • Strong leasing history, with vacant apartments often being rented in less than 24 hours
  • Low vacancy rate
  • Well maintained with very little deferred maintenance

OVERVIEW

This mixed-use, income producing asset is located in the heart of South Parkersburg's Division Street commercial/retail area. This single owner property has been very well managed since its creation, and it has a strong leasing history. It also benefits from many recent upgrades, such as new rooves on both buildings and mechanical upgrades to many of the units. With retail/office spaces on the first floor of both buildings, and one and two bedroom apartments on the second story of both buildings, this property would be perfect for the local landlord/investor looking for a stable, well maintained and managed mixed-use asset in the middle of Parkersburg. Give me a call today to discuss the financial information in greater detail and to schedule a showing. This listing includes 709 Division Street AND 713 Division Street. It does not include 701 or 705 Division Street, but these two buildings may be purchased separately.

FOR SALE DETAILS

PRICE

$1,199,999 USD

PRICE/SF

$100 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

-

APN/PARCEL ID

05-9-00190000

ASK ABOUT THIS PROPERTY

Jared DeckerPMC Realty ServicesMore Info
304-485-8000

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Jared DeckerPMC Realty ServicesMore Info
304-485-8000

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