117
See all 117 photos
$1,400,000
Est. payment /mo
8 Baths
2,336 SqFt
New
2621 Ritter Drive Shady Spring, WV 25918
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,336 sqft
Price per Sqft $599
MLS Listing ID 95496
Year Built 1960
Lot Size 1.590 Acres
Property Sub-Type Business
Property Description
MULTI-PROPERTY COMMERCIAL & RESIDENTIAL INVESTMENT OPPORTUNITY — $1,400,000 Rare opportunity to acquire a diversified income-producing real estate portfolio consisting of two strategically located commercial properties in southern West Virginia, offering a combination of retail, commercial lease, and residential rental income with additional value-add potential. The property at 1707 Flat Top Road in Cool Ridge features an established convenience-store location along with a separate commercial building that is currently leased. Excellent road frontage, visibility, parking, and access make this location well suited for continued retail or commercial use. The second property, located at 2621 Ritter Drive in Shady Spring, includes a gas station/convenience-store operation together with multiple residential rental units. Residential improvements include an apartment attached to the commercial building, a detached three-bedroom apartment, and three single-wide mobile homes. Two residential units are currently occupied and producing rental income. One of the mobile homes could potentially be returned to the rental market with a light refresh, while two additional mobile homes offer renovation and value-add opportunities. Together, these properties provide an investor with an unusual combination of commercial operations, leased commercial space, existing residential rental income, and additional income-growth potential. Offered together at $1,400,000. Financial information, lease information, operating information, and additional property details may be made available to qual
Location
State WV
County Raleigh
Area Area 5
Interior
Interior Features Storage
Heating Central
Cooling Central Air
Flooring Vinyl, Carpet
Inclusions Fixtures
Equipment Machinery, Equipment Included
Appliance Electric Water Heater
Exterior
Exterior Feature Storage
Parking Features Parking Lot
Utilities Available Water Connected, Sewer Connected
Roof Type Asphalt,Other
Building
Lot Description Corner Lot, Other
Sewer Public Sewer
Water Metered, Community System
Listed by TRANSCEND REALTY
GET MORE INFORMATION