1279 University Ave
Morgantown, WV 26505
Former Cardello Electric Supply Company · Retail Property For Sale

Rare opportunity to own Real Estate in downtown Morgantown. Don' t miss your chance to buy this adaptable retail building, formerly Cardello Electric Supply Company, located in the heart of downtown Morgantown with excellent visibility. The property sits on 0.342 acres and the building consists of approximately 12,560 square feet of gross building area which includes the basement. The main level consists of a large open show room, two half bathrooms, kitchenette, storage area, three offices, and a retail area. The main level is mostly carpeted with some vinyl flooring throughout. Open floor plan with 14' -16' clear ceiling height, fully sprinklered fire suppression system, and a large glass store front facing University Avenue. The basement level is mostly unfinished and is currently utilized as storage space. There is a small partially finished showroom in the basement consisting of approximately 585 square feet. There is also a conveyor belt installed to transfer items from the lower level to the main level. Ground level loading with two roll-up doors in the back. Parking is a luxury only few businesses can say they have downtown. This site includes approximately 20 lined parking spaces, side walks, rear chain link fenced storage area, landscaping and adequate lighting throughout. The property is located in the flexible B-4 General Business Zoning District. A large variety of businesses could thrive in this location due to the heavy traffic count, frequent pedestrian flow and the universal floor-plan. There is an opportunity to acquire more land if needed for a larger development such as student housing or hotels. If you would rather lease than own, this might also be a possibility for the right tenant. The Morgantown area should continue reflecting increasing property values due to the lack of remaining land for development purposes, and the proximity to West Virginia University. This property is located corner of Court Street and University Avenue. It is less than 5 miles from the I-79/I-68 interchange, within walking distance to WVU, steps away from the PRT and Mountainline bus transit, and on route to the WVU Coliseum, WVU Football Stadium, and Ruby Memorial Hospital.