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1400 Saratoga Ave 4.5 Acres of Commercial Land for Lease in Morgantown, WV 26505

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LOT Available

Display Rental Rate as

Rental Rate	$13.77 /SF/YR $1.15 /SF/MO $2,700,000 /YR $225,000 /MO	Lot Size	4.50 AC
Lease Term	Negotiable

Rental Rate	$13.77 /SF/YR $1.15 /SF/MO $2,700,000 /YR $225,000 /MO
Lease Term	Negotiable
Lot Size	4.50 AC

For Sale or Lease-Purchase: High-Cash-Flow Exterior-Corridor Motel

This established, independently operated motel features four guest room buildings and a separate lobby. Currently averaging 50 rooms sold nightly at $50, generating a strong net income. With proven potential for growth, projections show significant value appreciation to over a $4M valuation at a 10% CAP rate by increasing occupancy and rate. Additional revenue streams are available through banquet space and a commercial kitchen.

Property Facts

Total Space Available	4.50 AC	Property Subtype	Commercial
Property Type	Land	Proposed Use	Commercial Mixed Use Hospitality Apartment Units - Condo Apartment Units - Senior Daycare Center Healthcare Hold For Development Medical Restaurant

Total Space Available	4.50 AC
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use Hospitality Apartment Units - Condo Apartment Units - Senior Daycare Center Healthcare Hold For Development Medical Restaurant