Property Description

High-Yield Tri-Unit on University Avenue: Maximize your portfolio with this versatile, income-generating commercial property perfectly positioned for high visibility in Morgantown. This tri-unit building offers an incredible mix of established retail, a high-demand specialty tenant, and massive value-add potential in the lower level. Unit 1: The Superette Currently under a lease at $2,573.43/month. This 1,271 sq. ft. space (31′ x 41′) provides a consistent anchor for the building’s cash flow. Unit 2: The Dispensary A premier 1,353 sq. ft. retail space (33′ x 41′) currently leased at $5,536.50/month. This lease features a strategic “future-proof” clause: should recreational cannabis be legalized, the rent automatically adjusts to $8,000.00/month, offering a massive built-in boost to your ROI. Unit 3: The Entertainment Potential (Lower Level) The 1,287 sq. ft. dry, unfinished basement is a blank canvas ready for a bar, arcade, or lounge. Equipped with its own 200-amp service and existing plumbing for a kitchen and bathroom, it is primed for development. BONUS: With an acceptable offer, the owner is willing to construct a dedicated staircase providing direct access from University Ave to the basement entrance. Lease Option: The owner is also open to leasing the basement separately for $1,200/month plus pro-rata taxes and insurance—perfect for a startup or satellite location. Whether you are looking for a turnkey investment with guaranteed appreciation or a multi-use space in the heart of the action, this property is a rare find. Schedule your private tour today to see the numbers for yourself!

Features
: Unfinished, Concrete Floor, Exterior Access
: No
: 3+ Cars, Off-street Parking
Utilities
: Yes
Address Map
US
WV
Morgantown
26505
University
2045
Avenue
0
W80° 2' 40.3''
N39° 38' 18.9''
Monongalia/Morgantown
Additional Info
BLUE SKY REALTY, LLC
482
211
2045 University Avenue
New
Suncrest Elementary
Suncrest Middle
Morgantown High
General Commercial
Library,Public Transportation
Wood
200+ Amps
Other
None
Wood
: Rolled
: 9ft+ Ceiling
: Smoke Detectors, Sprinkler System
: No
3
: Block
: Block
: City Sewer, City Water
: Contemporary
$6,008
2024
Monongalia
1
From I-79 Take exit 155 toward WV-7/West Virginia University. Turn left onto Chaplin Hl Rd. Continue onto US-19 S for about 2+ miles then turn left onto 3rd St. Turn right onto University Ave and property will be on the right.
12-19-2025 22:05:31
$294
131
: Other
: No

Multi-unit/income For Sale

2045 University Avenue, Morgantown, West Virginia 26505

0 Bedrooms
0 Bathrooms
3,911 Sqft
$1,150,000
Listing ID #10162829
Basic Details
Property Type : Multi-unit/income
Listing Type : For Sale
Listing ID : 10162829
Price : $1,150,000
Bedrooms : 0
Bathrooms : 0
Square Footage : 3,911 Sqft
Year Built : 1964
Lot Area : 0.12 Acre
Status : Active
Days On Market : 0
View : Neighborhood
Frontage Feet : 0
Contact Agent