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Fully Leased Retail Investment 307 Merchant St 2,800 SF Retail Building Fairmont, WV 26554 $225,000 ($80.36/SF)

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Investment Highlights

100% Leased - BFS Liquor
Off-Street Parking

Excellent Visibility

Executive Summary

Located along Merchant Streets, just off the Fairmont Gateway Connector and approximately 1.5 miles from I-79, Exit 136, 307 Merchant Street in Fairmont, WV presents a compelling investment opportunity now available for sale. This one-story, retail building totals 2,800 (+/-) square feet on 0.065 (+/-) acre and features a strong anchor tenant, BFS Liquor. The property offers excellent access from Merchant Street, Diamond Street and Bridge Street and includes off 3 (+/-) off-street parking spaces. The property is located inside the city limits of Fairmont and is within walking distance to many amenities. Along State Street there is a daily traffic count of 13,822 (+/-) vehicles per day (This data is provided by Esri, Esri and Kalibrate Technologies 2023).

307 Merchant Street - Market Sheet

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

2,800 SF

Building Class

Year Built

1960

Price

$225,000

Price Per SF

$80.36

Tenancy

Single

Building Height

1 Story

Building FAR

0.97

Lot Size

0.07 AC

Parking

10 Spaces (3.76 Spaces per 1,000 SF Leased)

Frontage

41’ on Merchant St

Major Tenants

Wholesaler
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BFS Companies began in 1974 as an agriculture business (Bruceton Farm Service) when Marshall Bishop purchased the Southern States store in Bruceton Mills, WV. That side of their business has had steady development over the years with four Southern States stores and 18 petroleum bulk plants in WV, MD, PA and OH. In the early 1980’s, the very first BFS Foods convenience store was opened in Mt Lake Park, MD. Since then, they have been a growing convenience store chain with more than 63 locations and 8 liquor stores in their four state operating area. This growth has been through acquisitions and new builds. For more than 40 years, their BFS mission has been to provide Better, Faster Service to their customers and career growth opportunities to their employees who wish to advance. BFS Companies remains a private, family owned and operated corporation headquartered in Morgantown, WV.