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Multi-Purpose Building with Storefront, Venue, and Apartments in Petersburg, WV. Great investment opportunity in a prime location. This property offers multiple streams of income under one roof, perfect for an entrepreneur or investor looking for a cash-flowing asset. Storefront with high foot traffic, ideal for retail or a small business. Glamorous Ballroom/Venue: Suitable for all types of public events, including weddings, dinners, receptions, and more. Endless possibilities for this large, versatile space. Two Upper-Level Apartments: Larger Apartment: Newly remodeled 3-bedroom, 2-bathroom unit. Spacious, modern, and ready to move in. Currently rented at $1,000/month. Smaller Apartment: Cozy 1-bedroom, 1.5-bathroom unit, perfect for singles or couples. Currently rented at $700/month. Two private parking spaces for tenants or customers. Off-site parking available for additional convenience. This property is priced for cash flow and offers multiple income streams with a great location that attracts foot traffic. Whether you are looking for a retail location, a venue for events, or rental income from apartments, this building has it all! Don't miss out on this unique opportunity.
DAYS ON MARKET | 8 | LAST UPDATED | 3/4/2025 |
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YEAR BUILT | 1940 | COUNTY | GRANT |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
School District | GRANT COUNTY SCHOOLS |
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ADDITIONAL DETAILS | |
AIR | Central Air, Electric |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Water Heater |
CONSTRUCTION | Block, Brick, Frame |
HEAT | Electric, Forced Air, Heat Pump, Oil |
LOT | 4792 sq ft |
PARKING | On Street, Parking Lot |
SEWER | Public Sewer |
TAXES | 1547 |
WATER | Public |
ZONING | Retail-Multiple Occupancy |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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