Fairmont, WV
Commercial Real Estate Market Trends & Data

$96 Avg asking sale price
$16 Avg asking lease rate
18,638 SF Avg unit lease size
11,029 SF Avg building size for sale
8.35% Average cap rate

Fairmont's Demographic Profile

Fairmont has 8,221 households and a median income of $47,278, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 19,579
# Households 8,221
Median age 38
Median household income $47,278
Avg household size 2.0
Renter-occupied housing units 3,129
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Fairmont, WV

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Fairmont $88 13,100 SF
Pleasant Valley $136 5,789 SF
White Hall $53 9,750 SF
Morgantown $109 20,047 SF

Commercial Properties For Sale in Fairmont

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

39,840 SF | Former Auto Dealership

Fairmont, WV 26554

  • 39,840 SF Retail Building
  • $6,000,000
For Sale

Coca-Cola Bottling Co.

Fairmont, WV 26554

  • 19,404 SF Industrial Building
  • $599,000
For Sale

Mixed-Use Investment | Office & Apartments

Fairmont, WV 26554

  • 8,064 SF Specialty
  • $525,000
For Sale

Office | Exceptional Views of Mon River!

Fairmont, WV 26554

  • 8,849 SF Retail Building
  • $495,000
For Sale

62-Key Hospitality Asset | Sonesta Essential

Fairmont, WV 26554

  • 28,000 SF Hospitality
  • $4,500,000
For Sale

Fully Leased Retail Investment

Fairmont, WV 26554

  • 2,800 SF Retail Building
  • $225,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Fairmont pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Fairmont $96 11,029 SF
Pleasant Valley $142 4,418 SF
Barrackville $100 2,795 SF
White Hall $53 9,750 SF
Grafton $56 3,237 SF

Regional Demographic Comparison

This comparison places Fairmont alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Fairmont or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Fairmont 19,579 8,221 38 $47,278 2 3,129 1%
Pleasant Valley 3,120 1,347 40 $57,762 2 399 -3%
Barrackville 444 179 44 $66,944 3 25 -10%
Grafton 4,547 1,964 43 $37,478 2 630 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Fairmont, WV and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Fairmont

View All Commercial Real Estate For Sale in Fairmont
Is Fairmont a good market for a first-time commercial real estate investor?

Fairmont offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Fairmont?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Fairmont. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Fairmont?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Fairmont. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Fairmont compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Fairmont. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Fairmont acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Fairmont, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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