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200 3rd Ave 4,000 SF 100% Leased Retail Building Montgomery, WV 25136 $144,950 ($36.24/SF)



INVESTMENT HIGHLIGHTS
- Within walking distance to Bridge Valley Community College!
EXECUTIVE SUMMARY
Great Income opportunity! 4800+ Sq. Ft. building with 3 apartments, (all rented) and a 2000 Sq. Ft. Store front on the lower level. The apartments collectively bring in $1125.00 per month and the store front generally rents for $600 to 700.00 per month. The taxes are $1317.52 annually, the Insurance runs $800.00 per year. This property is within walking distance to Bridge Valley Community College.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1930
Price
$144,950
Price Per SF
$36.24
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.70
Lot Size
0.05 AC
Zoning
Commercial
Parking
10 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
68’ on 3rd Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-1D-02260000 | Improvements Assessment | $39,420 |
| Land Assessment | $1,860 | Total Assessment | $41,280 |
PROPERTY TAXES
Parcel Number
07-1D-02260000
Land Assessment
$1,860
Improvements Assessment
$39,420
Total Assessment
$41,280
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200 3rd Ave
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