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!
214 days
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208
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9
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Zillow last checked:
Listing updated:
Listed by:
JAMES CRAIG304-282-1332,
BLUE SKY REALTY, LLC
Source: NCWV REIN,MLS#: 10162829
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 3
Full bathrooms: 3
Basement
Level: Basement
Heating
Central, Forced Air
Cooling
Central Air
Appliances
Included: Other
Features
9ft+ Ceiling
Flooring: Wood
Basement: Unfinished,Concrete,Exterior Entry
Attic: None
Interior area
Total structure area: 3,911
Total interior livable area: 3,911 sqft
Finished area below ground: 5
Property
Parking
Total spaces: 3
Parking features: Off Street, 3+ Cars, No Garage
Has uncovered spaces: Yes
Features
Levels: 1
Stories: 1
Exterior features: Lighting
Fencing: None
Has view: Yes
View description: Neighborhood
Waterfront features: None
Lot
Size: 5,227 Square Feet
Features: Other
Details
Parcel number: 3112002001310000
Zoning description: General Commercial
Construction
Type & style
Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Multi Family
Materials
Block, Wood Siding
Foundation: Block
Roof: Rolled/Hot Mop
Condition
Year built: 1964
Utilities & green energy
Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Library, Public Transportation
Security: Smoke Detector(s), Fire Sprinkler System
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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