5 S MAIN STREET Active Save Request In-Person Tour Request Virtual Tour
Petersburg,WV 26847
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,906 sqft
Price per Sqft $56
MLS Listing ID WVGT2001096
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $1,547
Tax Year 2024
Lot Size 4,661 Sqft
Acres 0.11
Property Sub-Type Mixed Use
Property Description
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.
Location
State WV
County Grant
Zoning COMMERCIAL
Interior
Hot Water Electric
Cooling Central A/C
Flooring Hardwood,Ceramic Tile,Laminated,Vinyl
Heat Source Oil,Electric
Exterior
Garage Spaces 2.0
Water Access N
Roof Type Rubber
Accessibility 2+ Access Exits,32\"+ wide Doors,Level Entry - Main
Total Parking Spaces 2
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Grant County Schools
Others
Tax ID 12-04-0005-0014-0000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard