About This Home
This 0-bedroom, 0-bathroom commercial at 2621 Ritter Drive in Shady Spring, WV is listed for $1,400,000 ($599 per sqft). Built in 1960, the home offers 2,336 sqft of living space on a 1.59 acres lot.
Key Features
- Built in 1960
- 1.59 acre lot
Property Details
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
Monthly Cost Estimate
$7,487/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2621 Ritter Drive
Shady Spring, WV 25918
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2621 Ritter Drive is listed at $1,400,000 ($599/sqft). The estimated monthly payment is $7,487 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 1.59 acre lot.
This property is listed by Brian Brown and can be reached at 3042074644.