Prime Main Street Investment Opportunity in Glenville, WV. This handsome historic brick building, constructed circa 1920, sits directly on vibrant Main Street in the heart of downtown. The ground floor features three separate commercial units, all currently leased to the Gilmer County Family Resource Network, a grant-funded West Virginia state partner. Two of the units are internally connected and used for the organization's food and clothing distribution programs, while the third operates as a popular thrift store. All three commercial spaces are separately metered for gas and electric, providing flexibility to continue the existing leases or easily transition to three independent tenants. Upstairs are two exceptionally spacious residential apartments, each exceeding 1,000 square feet, with generous layouts, recent updates, and classic charm ideal for university faculty, staff, or students. These large apartments offer clear potential to be reconfigured into four smaller units, creating significant upside in rental income. The property generates a total monthly income of $3,400 ($1,700 commercial plus $1,700 residential), with the owner responsible for only trash at $65 per month and city water at $75 per month for the entire building. Additional highlights include a new four-stage gas furnace with central air installed last year, a brand-new covered wheelchair ramp serving the commercial spaces, a roof less than eight years old, and a dedicated parking lot directly behind the building. Located just steps from Glenville State University with 1,500 to 1,600 students, this turnkey property delivers reliable income, strong tenant retention, and excellent walkability in historic downtown Glenville. Offered at $297,500.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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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