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226 Washington St 2,360 SF Retail Building Newell, WV 26050 $199,900 ($84.70/SF)
Investment Highlights
- Positioned along a well-traveled stretch of Washington Street providing valuable exposure.
- Lower level includes three private office rooms.
- The rear of the property includes three drive-through stations from its former use as a bank.
- Main level features a spacious, open lobby with a front desk and a secure safe cage.
- Features a beautifully updated apartment ideal for an owner-occupant or rental income.
- Includes a paved parking lot with 17 parking spaces.
Executive Summary
Elite Commercial Opportunity in the Heart of Newell! Positioned along a well-traveled stretch of Washington Street, this property provides valuable exposure and convenient access for customers, clients, and employees. The main level welcomes you into a spacious, open lobby featuring a front desk, a secure safe cage with two filing cabinets, and two additional storage/mixed-use rooms. A keypad-secured entrance leads to the lower level, where you'll find three private office rooms and a beautifully updated apartment, complete with a full bathroom and oversized shower, kitchen, family room, and bedroom--ideal for an owner-occupant, on-site manager, or generating a secondary rental income! The rear of the property includes three drive-through stations from its former use as a bank, along with a paved parking lot. Whether you're looking to establish a business, expand an existing operation, or take advantage of this property's existing infrastructure for a new concept, this location offers an exceptional foundation. Bring your vision and make this versatile property your next business venture!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,360 SF
Building Class
C
Year Built
1978
Price
$199,900
Price Per SF
$84.70
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
10.00 AC
Parking
17 Spaces (7.2 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Drive Thru
- Storage Space
- Air Conditioning
- Shower Facilities
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 04-G2S-00680000 | Improvements Assessment | $47,520 |
| Land Assessment | $2,640 | Total Assessment | $50,160 |
Property Taxes
Parcel Number
04-G2S-00680000
Land Assessment
$2,640
Improvements Assessment
$47,520
Total Assessment
$50,160
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