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Clay Street Development 2 Properties Offered at $888,000 in Morgantown, WV
Investment Highlights
- Multifamily conversion opportunity comprised of existing 32,930 SF, 3-story building and adjacent lot
- Located within Morgantown’s Wharf District, a historic area featuring unique building conversions and growth opportunity
- Located just off of University Avenue, which sees more than 16,800 vehicles per day
- Zoned as General Business District (B-4)
- Ideal location for multifamily development with 23,600± students at West Virginia University
Executive Summary
The Clay Street Development is a unique warehouse-to-residential conversion opportunity located along the banks of the Monongahela River in Morgantown’s historic
Wharf District. The Property is comprised of a 32,930 SF, three-story warehouse building and adjacent lot in the heart of Morgantown.
Wharf District. The Property is comprised of a 32,930 SF, three-story warehouse building and adjacent lot in the heart of Morgantown.
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Property Facts
| Price | $888,000 | Number of Properties | 2 |
| Price / SF | $26.97 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 32,930 SF |
| Sale Type | Investment | Total Land Area | 0.38 AC |
| Status | Active |
| Price | $888,000 |
| Price / SF | $26.97 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 32,930 SF |
| Total Land Area | 0.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 114 Clay St, Morgantown, WV 26501 | Industrial | 32,930 SF | 1890 | - |
| 100 Clay St, Morgantown, WV 26501 | Land | 0.13 AC | - | - |
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Clay Street Development
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