3761 Teays Valley Rd - Medical FOR SALE


Hurricane, WV 25526- Teays Valley
$1,700,000 USD
304-382-1031
3761 Teays Valley Rd, Hurricane, WV for Sale
$1,700,000 USD
Medical - FOR SALE
1/20
null | 9.73% Cap Rate

3761 Teays Valley Rd
Hurricane, WV 25526
Teays Valley


HIGHLIGHTS

  • Fully Leased Investment Property
  • Diversified Tenant Mix of Office, Retail, & Apartment
  • Great Visibility and Accessibility along Teays Valley Rd
  • Ample Onsite Parking
  • Approximately 320 Feet of Frontage along Teays Valley Road

OVERVIEW

Fully leased diversified portfolio consisting of 3 buildings. Building A: Approximately 10,000 SF multi tenant office building. Subdivided into 3 spaces which includes a chiropractors office, a hair salon, and a medical cannabis dispensary. The building had a roof replaced in 2015, all HVAC units have been updated in the last 10 years. Building B: Approximately 2,430 SF retail/office building. Originally leased to All State Insurance office has since been converted into Night Owl tattoo studio. Building roof has been replaced in 2017 and a new HVAC system put in 2020. Space has been completely remodeled. Building C: Approximately 5,200 SF, two story apartment building. Consisting of five apartment units. Apartments range from one to three bedrooms and one to one-half baths, furnished kitchen w/ range and refrigerator. Apartments are leased fully furnished, updated, and equipped with modern appliances. Apartments are leased on short term rentals. In 2024 Landlord upgraded the building with a new roof and new HVAC units. Disclaimer: This property is currently 100% Occupied. The information contained herein has been provided to the broker/agent by the property owners or other sources as we deem reliable. We have no reason to doubt its accuracy, however, we do not guarantee the information provided. All information should be verified prior to purchase by the buyer.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

9.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

C-1

APN/PARCEL ID

10-222E-00650000

ASK ABOUT THIS PROPERTY

Val Young, CPM, MBARealcorp, LLCMore Info
304-382-1031

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Val Young, CPM, MBARealcorp, LLCMore Info
304-382-1031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.