5 S Main Street, Petersburg, WV 26847

$389,900

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List Price
$389,900
Status
ACTIVE
Days on Market
153
MLS#
WVGT2001396
Year Built
1940
Lot Size
4,791
Acres
0.11

Property Description

CALLING ALL INVESTORS! 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 $800/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.

Additional Information

Taxes
$1,565
Zoning
C
Flooring
Hardwood, Ceramic Tile, Laminated, Vinyl
Heating
Heat Pump(s), 90% Forced Air
Air Conditioning
Central A/C
Roof
Rubber
Foundation
Block
School District
Grant County Schools

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Kline May Realty. Contact: 5408107277