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2009 University Avenue
MorgantownWV 26505

$1,600,000
New Listing For Sale
Tools
Brochure
Size
10,538 Sq Ft.
interior
0.07 Acres
Exterior
Financial
$1,600,000
Change Currency
$152
Price Per Sqft
$5,577
Annual taxes
Listing Details
Other
Property type
1953
Year Built
Suncrest Elementary
Schools
Suncrest Elementary
Elementary
Suncrest Middle
Middle
Morgantown High
High
12966143
Web Id
10155051
MLS ID
9
Days Posted

Description

2009 University Avenue,

Morgantown, WV 26505

Prime Investment Opportunity in Morgantown, WV! Discover a unique investment opportunity located just across the street from the bustling West Virginia University Downtown Campus. This versatile multi-unit/multi-use commercial property, built in 1953, boasts an all-brick construction and has been meticulously maintained over the years. Encompassing the majority of a 0.07-acre lot, this property offers a prime location with high visibility and foot traffic. This prime location offer two storefronts. One hosting a vibrant restaurant and the other a retail space sure to attract the many students who travel past daily, both in the early months of extended lease terms. These commercial units provide dependable, long-term income potential for your investment. Located just above, you will find four spacious 4-bedroom, 1-bathroom apartments that are brimming with natural light. These units are ideal for student housing, given their proximity to WVU, ensuring a consistent demand and attractive rental income. Additionally, you will find a versatile basement area that can serve as a lessor staging area or be remodeled for additional retail, restaurant, or bar space, offering further/future income potential. This propertys unbeatable location, directly across from WVUs Downtown Campus, ensures constant demand from both students and local businesses. The combination of commercial and residential units, along with the potential for additional development in the basement, makes this a remarkable investment opportunity. Seize the chance to own a piece of Morgantowns vibrant community and a piece of its history with this well-maintained, prime location property. Whether you're an experienced investor or new to the market, this opportunity promises both stability and growth. Can be packaged with mls#10154912 - 301 First Street. Dont miss out on this fantastic investment opportunity - call today!

This is an Active listing.

Broker Office Phone Number: 304-322-4101

Copyright © 2024North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Carpet
  • Carpeted Floors
  • Refrigerator
  • Vinyl Flooring
  • Concrete Flooring
  • Ceiling Fan
  • Wall or Window Air Conditioner(s)
  • Rubber Roof

Price History

datepricevariancetype
9/10/2024$1,600,000-Listed
Listing By: BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY via Data Source: North Central West Virginia Real Estate Information Network 
listing agent: LINDSAY WILLIAMS


Located at 2009 University Avenue, Morgantown, West Virginia 26505, this Other is for Sale with a price of $1,600,000 USD. The property was built in 1953,. This listing has 10,538 Sq.Ft. of interior space on a lot of .07 Acres. See all Homes for Sale in Morgantown.
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