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541 Spruce St 8,200 SF 100% Leased Flex Building Thomas, WV 26292 $1,095,000 ($133.54/SF)
Executive Summary
Nestled in the heart of Thomas, WV—a charming mountain town known for its rich history, creative spirit, and access to stunning outdoor recreation—this beautifully remodeled commercial building offers over 8,200 sq ft of income-producing space. Renovated in 2022, the property combines modern systems and finishes. The main level includes three fully leased units: a physical therapy office with two private treatment rooms, an office, a large multipurpose waiting area, two half baths, and a brand-new mini split system; a gym featuring a new HVAC unit and half bath; and an acupuncture and wellness studio offering three private rooms, a full bath, laundry, and an infrared sauna. Upstairs, the property features two successful Airbnb units—one a 1-bedroom studio and the other a 2-bedroom, 1-bath unit with in-unit laundry—each equipped with individual mini splits for personalized climate control. A fully unfinished basement offers additional space with future income potential. The property backs directly to the National Forest and the North Fork of the Blackwater River, providing a peaceful and scenic backdrop. A brand-new Duro-Last roof and gutter system were installed in 2025, along with dedicated on-site parking. As one of the few free-standing commercial buildings in Thomas, this property stands out with its prime location, strong tenant base, and turnkey condition. Don’t miss this rare opportunity to invest in one of West Virginia’s most vibrant and picturesque small towns.
Property Facts
| Price | $1,095,000 | Property Type | Flex |
| Price Per SF | $133.54 | Rentable Building Area | 8,200 SF |
| Sale Type | Investment | No. Stories | 3 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1920/2022 |
| Zoning | General Commercial | ||
| Price | $1,095,000 |
| Price Per SF | $133.54 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Flex |
| Rentable Building Area | 8,200 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2022 |
| Zoning | General Commercial |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 47-12- 2-0125.0000 | Improvements Assessment | $140,340 |
| Land Assessment | $31,560 | Total Assessment | $171,900 |
Property Taxes
Parcel Number
47-12- 2-0125.0000
Land Assessment
$31,560
Improvements Assessment
$140,340
Total Assessment
$171,900
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541 Spruce St