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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
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 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
  • Listing ID: 35775818

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: 1400 Saratoga Ave, Morgantown, WV 26505

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