2,383 SF Retail/Office Building | 7 Chaplin
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2,383 SF Retail/Office Building 7 Chaplin
2,383 SF Retail Building Morgantown, WV 26501 £1,666,871 (£699/SF)
Investment Highlights
- Signage
- Three Drive-Thru Lanes
- Off-Street Parking
- Visible from Signalized Intersection
Executive Summary
Located at the foothills of the northern entrance (Exit 155) to the University Town Centre, 7 Chaplin Hill Road is an office/retail building comprised of 2,383 (+/-) square feet. The building is currently built out as a bank with three covered drive-thru lanes totaling 1,188 (+/-) square feet. The property is located roughly 0.1 mile to I-79, Exit 155. Post closing, the current tenant will require 120 days to vacate the building.
Situated between I-79, Exit 153 and 155, the University Town Centre is the ultimate shopping destination in Greater Morgantown. From clothing stores, restaurants, entertainment, and more, the University Town Centre provides various types of stores for locals and visitors alike. West Virginia University’s main campus and downtown Morgantown are just 3.5 miles away. Along US Highway 19, there is a traffic count
of 40,552 vehicles per day (2021). Source: ©2023 Kalibrate Technologies (Q4 2023).
Situated between I-79, Exit 153 and 155, the University Town Centre is the ultimate shopping destination in Greater Morgantown. From clothing stores, restaurants, entertainment, and more, the University Town Centre provides various types of stores for locals and visitors alike. West Virginia University’s main campus and downtown Morgantown are just 3.5 miles away. Along US Highway 19, there is a traffic count
of 40,552 vehicles per day (2021). Source: ©2023 Kalibrate Technologies (Q4 2023).
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,383 SF
Building Class
C
Year Built
2000
Price
£1,666,871
Price Per SF
£699
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Land Acres
1.05 AC
Zoning
No Zoning
Parking
15 Spaces (6.29 Spaces per 1,000 SF Leased)
Frontage
110 ft on Chaplin Rd
Amenities
- Banking
- Pylon Sign
- Security System
- Signage
- Drive Thru
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 03-15-00190005 | Improvements Assessment | £291,895 |
| Land Assessment | £167,926 | Total Assessment | £459,821 |
PROPERTY TAXES
Parcel Number
03-15-00190005
Land Assessment
£167,926
Improvements Assessment
£291,895
Total Assessment
£459,821
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David Lorenze, CCIM -
Mark Nesselroad -
Black Diamond Realty
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2,383 SF Retail/Office Building | 7 Chaplin
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