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. 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!
- Basement:
- Unfinished, Concrete Floor, Exterior Access
- Fence:
- No
- Parking:
- 3+ Cars, Off-street Parking
- Internet:
- Yes
- Country:
- US
- State:
- WV
- City:
- Morgantown
- Zipcode:
- 26505
- Street:
- University
- Street Number:
- 2045
- Street Suffix:
- Avenue
- Floor Number:
- 0
- Longitude:
- W80° 2' 40.3''
- Latitude:
- N39° 38' 18.9''
- Area:
- Monongalia/Morgantown
- Office Name:
- BLUE SKY REALTY, LLC
- Office ID:
- 482
- AgentID:
- 211
- Address:
- 2045 University Avenue
- Status:
- Active
- Elementary School:
- Suncrest Elementary
- Middle School:
- Suncrest Middle
- High School:
- Morgantown High
- Zoning:
- General Commercial
- COMMUNITY AMENITIES:
- Library,Public Transportation
- EXTERIOR:
- Wood
- ELECTRICITY:
- 200+ Amps
- APPLIANCES INCL.:
- Other
- ATTIC:
- None
- Flooring:
- Wood
- ROOF:
- Rolled
- INTERIOR FEATURES:
- 9ft+ Ceiling
- EQUIPMENT:
- Smoke Detectors, Sprinkler System
- WATERFRONT:
- No
- # of Units:
- 3
- FOUNDATION:
- Block
- CONSTRUCTION:
- Block
- WATER/SEWER:
- City Sewer, City Water
- STYLE:
- Contemporary
- Tax Amount $:
- $6,008
- Tax Year:
- 2024
- School County:
- Monongalia
- # of Stories:
- 1
- Directions:
- 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.
- Update Date:
- 06-27-2026 07:57:14
- Price Per SQFT:
- $243
- Parcel #:
- 131
- PROPERTY DESCRIPTION:
- Other
- Cooling:
- No
Multi-unit/income For Sale
2045 University Avenue, Morgantown, West Virginia 26505
- Property Type :
- Multi-unit/income
- Listing Type :
- For Sale
- Listing ID :
- 10162829
- Price :
- $950,000
- 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





























