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423-507 Washington St - Ravenswood Plaza Retail Pad sites 0.55 Acre of Commercial Land in Ravenswood, WV 26164
Investment Highlights
- Main street frontage on most travelled road in town.
Executive Summary
Retail pad sites fronting on Rt 68 in the heart of Ravenswood's retail corridor. At entrance to Ravenswood Plaza next to McDonalds and Wendy's; across the street from Taco Bell. Ideal locations for fast food/restaurant/gas station/stand alone retail - over 7,500 cars per day. Retail Can be sized to the needs for that use
Ravenswood Plaza features Family Dollar, new Goodwill Store Foodland, Amy's Hair & Nail Salon, Maximum Fitness, Tanarama, Great Wall chinese restaurant, PDQ Printing, Smoke shop, Pizza Hut, WVU Clinic and other businesses that provide a natural draw for consumers.
Property Facts
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 4 | Total Lot Size | 2.20 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Commercial - Commercial | ||
| Sale Type | Investment |
| No. Lots | 4 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 2.20 AC |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial |
4 Lots Available
Lot
| Lot Size | 0.55 AC |
| Lot Size | 0.55 AC |
Retail pad sites in front of shopping plaza in center of town. Pad site available next to McDonalds 24,000 SF. Pad sites available between Wendy's and McDonalds 45,000+ SF. Pad sites can be expanded to accommodate specific needs of user.
Lot
| Lot Size | 0.55 AC |
| Lot Size | 0.55 AC |
Pad site can be expanded to suit specific needs of user.
Lot
| Lot Size | 0.55 AC |
| Lot Size | 0.55 AC |
Pad site can be expanded to suit specific needs of user.
Lot
| Lot Size | 0.55 AC |
| Lot Size | 0.55 AC |
Retail pad site next to Wendys. Pad site can be expanded to suit specific needs of user.
Description
Ravenswood Plaza offers four prime retail pad sites along Washington Street/Route 68, the most traveled road in town, with over 7,500 vehicles per day. Positioned at the main entrance of Ravenswood Plaza and adjacent to national quick-service restaurants including McDonald’s and Wendy’s, these parcels provide an outstanding opportunity for development in a highly visible and accessible retail corridor. Additional surrounding draws include Taco Bell, Family Dollar, Foodland, Maximum Fitness, Pizza Hut, and numerous local businesses, creating a steady consumer base and destination traffic effect. Each lot offers flexibility to accommodate user requirements, making them suitable for a wide range of concepts such as fast-casual dining, fuel stations, banking, or freestanding retail. The location benefits from strong regional connectivity, demographic stability, and limited competitive supply, which positions these pads as an ideal investment for owner-users or developers seeking to unlock the potential of a growing market. As part of a federally designated Opportunity Zone, investors also gain access to favorable tax advantages to enhance long-term returns. These pad sites combine high-traffic frontage, national co-tenancy, and development-friendly zoning—an opportunity rarely available in this region of West Virginia.
Property Taxes
| Parcel Number | 03-12-00510000 | Improvements Assessment | $1,597,200 |
| Land Assessment | $644,880 | Total Assessment | $2,242,080 |
Property Taxes
Presented by
Edgemoor Contracting Corp
423-507 Washington St - Ravenswood Plaza Retail Pad sites
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