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389-399 Grafton Rd - Redevelopment Opportunity (Price Reduced!) 2.25 Acres of Commercial Land Offered at $900,000 in Morgantown, WV 26508
Executive Summary
± 2.25 Acre Total (Combined Parcels)
Two (2) Existing Structures Included
Flexible Use Potential: Multifamily | Office | Retail
Strong Visibility Along Grafton Road Corridor
Ideal for Owner-User or Investment
Existing Residential + Commercial Use History
Easy Access to Downtown Morgantown & WVU
Property Facts
| Price | $900,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.25 AC |
| Price | $900,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.25 AC |
1 Lot Available
Lot
| Price | $900,000 | Lot Size | 2.25 AC |
| Price Per AC | $400,000.00 |
| Price | $900,000 |
| Price Per AC | $400,000.00 |
| Lot Size | 2.25 AC |
Positioned along the highly traveled Grafton Road (Route 119) corridor near the intersection of I-68, this ±2.25-acre redevelopment opportunity offers exceptional visibility and flexible potential in one of Morgantown’s growing commercial corridors.
Description
Positioned along the highly traveled Grafton Road (Route 119) corridor near the intersection of I-68, this exceptional ±2.25-acre redevelopment opportunity offers outstanding visibility and flexible potential in one of Morgantown's growing commercial corridors. The offering consists of two combined parcels and includes two existing structures with a history of both residential and commercial use, providing numerous possibilities for owner-users, investors, or developers. With flexible zoning and redevelopment potential, the property is well suited for multifamily, office, retail, or mixed-use applications. Its strategic location provides convenient access to Downtown Morgantown, West Virginia University, and major regional transportation routes, making it an attractive opportunity for a variety of commercial and residential uses. Whether repositioning the existing improvements or pursuing a new development concept, this site offers a rare combination of size, visibility, accessibility, and future upside.
Property Taxes
| Parcel Numbers | Improvements Assessment | $92,340 | |
| Land Assessment | $52,500 | Total Assessment | $144,840 |
Property Taxes
Contacts
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Mike Audia -
Noah Anderson -
Robert Campbell -
Andrew Hamilton -
Premier Commercial Real Estate Services LLC
