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Fairlea Cleaners - Lewisburg WV 9876 120 Seneca Trl 3,600 SF 100% Leased Retail Building Lewisburg, WV 24901 $895,000 ($248.61/SF) 2.23% Cap Rate



EXECUTIVE SUMMARY
Lewisburg Commercial Plaza is a lucrative investment opportunity now available for $895,000. Strategically situated on a bustling street in Lewisburg, West Virginia, this property boasts a desirable location. Anchored by a thriving Dry Cleaning business and five apartments, the plaza generates a solid yearly income of $68,000. With annual expenses at $48,000, the net profit stands at $20,000. Featuring three parcels - Route 219 Lot 1, Route 219 Lot 2 (3,600 sq ft), and Route 219/116 Seneca Lot 3 - this commercial complex offers a total acreage of 0.42. This property presents a unique opportunity for investors to capitalize on an established income stream in a high-traffic area. Don't miss out on this exceptional chance to own the Lewisburg Commercial Plaza. Contact us today to learn more about this enticing investment property located at the heart of Lewisburg.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,600 SF
Building Class
C
Year Built
2000
Price
$895,000
Price Per SF
$248.61
Cap Rate
2.23%
NOI
$20,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.59
Lot Size
0.14 AC
Opportunity Zone
Yes
Parking
10 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
54’ on Seneca Trl
PROPERTY TAXES
| Parcel Number | 06 9H02260000 | Improvements Assessment | $41,400 |
| Land Assessment | $14,820 | Total Assessment | $56,220 |
PROPERTY TAXES
Parcel Number
06 9H02260000
Land Assessment
$14,820
Improvements Assessment
$41,400
Total Assessment
$56,220
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Fairlea Cleaners - Lewisburg WV 9876 | 120 Seneca Trl
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