Property Description

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 property’s unbeatable location, directly across from WVU’s 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 Morgantown’s 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. Don’t miss out on this fantastic investment opportunity – call today!

Features
: Concrete Floor, Drop Ceiling, Full, Partially Finished
: Street Parking, Other
Utilities
Address Map
US
WV
Morgantown
26505
University
2009
Avenue
0
W80° 2' 41.7''
N39° 38' 16.1''
Monongalia/Morgantown
Additional Info
BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY
451
420
2009 University Avenue
Active
Suncrest Elementary
Suncrest Middle
Morgantown High
Special Business
Public Transportation
Brick
200+ Amps
Range,Refrigerator
Other
Wall-to-Wall Carpet,Vinyl,Concrete,Luxury Vinyl Pl
: Rubber
: 9ft+ Ceiling, Electric Stove Connection, Gas Stove Connection
: Cable Available, High Speed Internet Avail, Security System
4
: Stone
: Brick
: City Sewer, City Water
: Other
$5,577
2023
Monongalia
3
University Avenue just before Downtown Campus on right housing Bombay of India and GlassLab storefronts.
07-02-2024 07:56:54
$152
144
: Other

Multi-unit/income For Sale

2009 University Avenue, Morgantown, West Virginia 26505

0 Bedrooms
0 Bathrooms
10,538 Sqft
$1,600,000
Listing ID #10155051
Basic Details
Property Type : Multi-unit/income
Listing Type : For Sale
Listing ID : 10155051
Price : $1,600,000
Bedrooms : 0
Bathrooms : 0
Square Footage : 10,538 Sqft
Year Built : 1953
Lot Area : 0.07 Acre
Status : Active
Days On Market : 0
View : Other
Frontage Feet : 6
Contact Agent