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109 E Main St
Mannington, WV 26582
Walgreens · Retail Property For Sale
Investment Highlights
- Value-add opportunity: upcoming lease expiration to re-tenant or reposition the asset.
- 2020 roof replacement backed by a 20-year warranty, reducing capital expenditures.
- Downtown revitalization underway near historic Old Show Building restoration.
- 11,440 SF single-story retail on 1.07 acres with drive-thru and pylon signage.
- ~280 feet of frontage on East Main Street with 8,000+ VPD on nearby US-250.
- Mannington is a Preserve America Community listed on the National Register of Historic Places.
Executive Summary
Broker of Record
Brayden Conner
License # WVB250301071, WVB250301071 (WV)
Matthews Real Estate Investment Services, Inc
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
Brayden Conner
License # WVB250301071, WVB250301071 (WV)
Matthews Real Estate Investment Services, Inc
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,440 SF
Building Class
C
Year Built/Renovated
1999/2020
Price
$1,108,989
Price Per SF
$96.94
Cap Rate
18%
NOI
$199,618
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.07 AC
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 13-7-00970000 | Improvements Assessment | $257,640 |
| Land Assessment | $113,640 | Total Assessment | $371,280 |
Property Taxes
Parcel Number
13-7-00970000
Land Assessment
$113,640
Improvements Assessment
$257,640
Total Assessment
$371,280
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