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FOR SALE OR LEASE 1489 Milford St S 1,800 - 50,000 SF of Office/Retail Space Available in Clarksburg, WV 26301



Highlights
- 500 ft of US Route 19 and State Route 98 frontage, with easy access to US Route 50 and Interstate 79.
- Located nearby to Louis A Johnson VA Medical Center and many local retailers.
- Directly abuts the West Fork River with nearby walking trails through Veteran's Memorial Park.
- Includes a full conferencing facility within the building.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800-50,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Also available for sale. Contact the owner directly at (304) 669-6042.
- Mostly Open Floor Plan Layout
- Fits 175 - 560 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at FOR SALE OR LEASE
- Tenant
- Description
- US Locations
- Reach
- Buck's Inc WV
- Services
- -
- -
- Pearl's Parkview Cafe
- Arts, Entertainment, and Recreation
- -
- -
- Uncle Charlies
- Arts, Entertainment, and Recreation
- -
- -
- Village Hot Spot
- Arts, Entertainment, and Recreation
- -
- -
| Tenant | Description | US Locations | Reach |
| Buck's Inc WV | Services | - | - |
| Pearl's Parkview Cafe | Arts, Entertainment, and Recreation | - | - |
| Uncle Charlies | Arts, Entertainment, and Recreation | - | - |
| Village Hot Spot | Arts, Entertainment, and Recreation | - | - |
Property Facts
| Total Space Available | 50,000 SF | Property Subtype | Freestanding |
| Min. Divisible | 1,800 SF | Gross Leasable Area | 130,000 SF |
| Property Type | Retail | Year Built | 1955 |
| Total Space Available | 50,000 SF |
| Min. Divisible | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 130,000 SF |
| Year Built | 1955 |
About the Property
FOR SALE OR LEASE. This is an excellent opportunity to purchase a property at 52% of current appraised value! If you purchase this property, there is lots of opportunity for income if you’re is willing to lease back a portion of the building to most of the current tenants. While the building is for sale, we are currently willing to lease to new tenants. This 130,000 SF mixed-use building features a Conference Center, one of the largest event centers in North Central West Virginia. Included in the building are 6 event rooms, a grand ballroom, a bingo hall. With ample parking and many nearby amenities and retailers, this center is a go to for locals and is a great investment opportunity. The building sits on 12 acres of land that directly abuts the West Fork River and is fronted by and US-19 and WV State Route 98. Neighboring facilities include car dealerships, a Sheetz convenience store across the street and a GO-Mart on the corner of the property, a grocery store, a hard-ware store and two banks. Located across the river from this property is Clarksburg Splash Zone, the beautiful Veteran’s Memorial Park, Clarksburg Amphitheatre, the Louis A Johnson VA Medical Center, and the WV Veterans Nursing Facility. There are currently 3 limited video lottery locations on the property. Also Pearls Parkview Cafe, which is a newly opened ice cream, espresso, coffee and desserts cafe.
- Conferencing Facility
- Property Manager on Site
- Restaurant
- Signage
- Storage Space
- Air Conditioning
Demographics
Demographics
Presented by
Wilt Mark W
FOR SALE OR LEASE | 1489 Milford St S
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