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

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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
Storefront Retail/Residential
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

United Bank
City National Bank of West Virginia

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-1D-02260000
Land Assessment
$1,860
Improvements Assessment
$39,420
Total Assessment
$41,280
  • Listing ID: 26661335

  • Date on Market: 9/19/2022

  • Last Updated:

  • Address: 200 3rd Ave, Montgomery, WV 25136

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