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. 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
Basement:
Unfinished, Concrete Floor, Exterior Access
Fence:
No
Parking:
3+ Cars, Off-street Parking
Utilities
Internet:
Yes
Address Map
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
Additional Info
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

0 Bedrooms
0 Bathrooms
3,911 Sqft
$950,000
Listing ID #10162829
Basic Details
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
Contact Agent