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78 Kingwood, Morgantown, WV 26501

$339,900
  • 78 Kingwood, Morgantown, WV 26501 Main Photo

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Active
SQUARE FEET3,900 MLS#10163174
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Prime Downtown Mixed-Use Investment Opportunity!! Exceptional opportunity to own an income-producing, mixed-use property in a highly desirable downtown neighborhood. The street-level space features a well-established 3-chair hair salon with excellent visibility and strong upside, offering potential rental income of approximately $2,500 per month. The space also has potential to be converted into a business of your choice. Above the commercial space are two beautifully renovated apartments, both currently leased at $1,400 per month, providing immediate and consistent cash flow. The residential units have been thoughtfully updated and remain highly desirable in this sought-after downtown location, close proximity to everything downtown has to offer. Adding to the value are seven off-street parking spaces, a rare downtown amenity, which can be individually leased for an estimated $50-$100 per space per month, creating an additional income stream. With multiple revenue sources, a proven rental history, and a prime location near dining, shopping, and entertainment, this turnkey mixed-use property presents an excellent opportunity for investors or owner-occupants seeking strong returns with future upside!

78 Kingwood | MLS# 10163174

This commercial property located at 78 Kingwood, Morgantown, WV 26501 is currently listed for sale with an asking price of $339,900. Search Morgantown real estate on www.pfrealty.net today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Gas
Lot Size: 0.10 Acres
Roof Type: Shingles, Slate
Stories: 3.0
Year Built: 1940

Amenities

Outside Storage Area
Door Signage

Feature Descriptions

Construction: Block
Current Use: Hair Salon, 2 apartments
Days on Site: 125
Electricity: 200 Amps
Exterior: Block
Lot Features: Corner
Parking: Off Street, Paved, Assigned/Reserved, Lot, Street,6-10 Spaces
Road Frontage: Paved, Other, City Street
Sewer: City Sewer
Units: 2
Water: City Water

Listed By / Shown By

Listed By

Agency Name: BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY
Agent Name: KRISTEN SCHOENEBERGER
Agency Phone: 304-322-4101

Shown By

Agency Title: Picket Fences Realty, LLC
Agency Phone: (304) 367-0543

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