641 / 645 / 624 East Brockway Avenue | Morgantown, WV 26501
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641 / 645 / 624 East Brockway Avenue
Morgantown, WV 26501
641 / 645 / 624 East Brockway Avenue · Retail Property For Sale
Investment Highlights
- For sale or for lease!
Executive Summary
641 East Brockway Avenue offers a total of 5,577 (+/-) square feet of available office/warehouse space for lease. The space available is located on the upper level of the building where there is ground level access and off street parking immediately in front of the building. The building is located roughly 100 yards from Marilla Park. This commercial building, (641 East Brockway Avenue) is also available for sale and includes the adjacent two-story house (645 East Brockway Avenue) and a small house (624 East Brockway Avenue) with excess acreage (0.73 acre) located across the street from the commercial building. The subject property is located along East Brockway Avenue, just 2.3 miles off I-68, Exit 4, and is approximately 1 mile from Downtown Morgantown and WVU. The building is clearly visible from both directions along East Brockway Avenue with options to add signage to the building facade. The location is convenient to many top Morgantown employers and residents.
SALE PRICE / $690,000
RENTAL RATE / $2,000 / MONTH
COMMERCIAL BUILDING / 10,577 (+/-) SQ FT
AVAILABLE FOR RENT / 5,577 (+/-) SQ FT
SINGLE FAMILY HOME 1 / 1,188 (+/-) SQ FT
SINGLE FAMILY HOME 2 / 690 (+/-) SQ FT
EXCESS LAND / 0.73 (+/-) AC
FOE LEASE
Available for lease is the upper portion of the commercial building at 641 East Brockway Avenue. The suite is comprised of 5,577 (+/-) square feet of office/warehouse space located on the second floor, at ground level. The building offers excellent visibility to East Brockway Avenue. The roof of 641 East Brockway Avenue was replaced within the past ten years.
FOE SALE
Available for sale is the commercial building (641 East Brockway Avenue) which consists of 10,577 (+/-) square feet across two floors. Approximately 5,577 (+/-) square feet of this building is above grade with an additional 5,000 (+/-) square feet of basement garage area. Also included in the sale is a single family home (645 East Brockway Avenue) which contains approximately 1,188 (+/-) square feet above grade with a full finished basement. This home is occupied and is being leased for $1,300 per month. A second single family home (624 East Brockway Avenue) containing approximately 690 (+/-) square feet and 0.73 acres are also included in the sale. This house was in fair condition and not considered to have any contributory value. The house is subject to a life estate.
SALE PRICE / $690,000
RENTAL RATE / $2,000 / MONTH
COMMERCIAL BUILDING / 10,577 (+/-) SQ FT
AVAILABLE FOR RENT / 5,577 (+/-) SQ FT
SINGLE FAMILY HOME 1 / 1,188 (+/-) SQ FT
SINGLE FAMILY HOME 2 / 690 (+/-) SQ FT
EXCESS LAND / 0.73 (+/-) AC
FOE LEASE
Available for lease is the upper portion of the commercial building at 641 East Brockway Avenue. The suite is comprised of 5,577 (+/-) square feet of office/warehouse space located on the second floor, at ground level. The building offers excellent visibility to East Brockway Avenue. The roof of 641 East Brockway Avenue was replaced within the past ten years.
FOE SALE
Available for sale is the commercial building (641 East Brockway Avenue) which consists of 10,577 (+/-) square feet across two floors. Approximately 5,577 (+/-) square feet of this building is above grade with an additional 5,000 (+/-) square feet of basement garage area. Also included in the sale is a single family home (645 East Brockway Avenue) which contains approximately 1,188 (+/-) square feet above grade with a full finished basement. This home is occupied and is being leased for $1,300 per month. A second single family home (624 East Brockway Avenue) containing approximately 690 (+/-) square feet and 0.73 acres are also included in the sale. This house was in fair condition and not considered to have any contributory value. The house is subject to a life estate.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,577 SF
Building Class
C
Year Built
1950
Price
£546,708
Price Per SF
£52
Percent Leased
47%
Number of Floors
2
Building FAR
0.58
Lot Size
0.42 AC
Parking
8 Spaces (0.76 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
- Air Conditioning
PROPERTY TAXES
Parcel Number | 10-35-00960000 | Improvements Assessment | £35,037 |
Land Assessment | £63,703 | Total Assessment | £98,740 |
PROPERTY TAXES
Parcel Number
10-35-00960000
Land Assessment
£63,703
Improvements Assessment
£35,037
Total Assessment
£98,740
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