805 7th ST new

Parkersburg,WV 26101

$ 450000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5121351

Year Built 1920

Annual Tax Amount $6,800

Tax Year 2024

Lot Size 0.655 Acres

Property Sub-Type Mixed Use

Property Description

High-Traffic Investment Opportunity in Parkersburg, WV – Seven (7) Parcels

Located on high-visibility Seventh Street in Parkersburg, West Virginia, this rare commercial property spans seven parcels in one of the city's most trafficked areas. Formerly operating as a nightclub, the main structure includes a commercial kitchen, two full bars, public restrooms, and a dressing area—ideal for continued entertainment use or future redevelopment.
The property also includes a variety of income-generating residential units, all with owner-paid utilities, as well as ample parking and an oversized three-car garage with garage apartments. Residential breakdown includes:
Attached Owners Apartment: Elevator access, two bedrooms, one full bath, open-concept kitchen/living area, plus two sleeping
rooms with a shared bathroom (each sleeping room rents for $500/month). Two Garage Apartments (above oversized 3-car garage): One 2-bedroom and one 1-bedroom unit, each renting for $600/month. Duplex: Upper and lower units, each renting for $550/month. Two Additional Units: Located near the private courtyard, renting for $700/month and $600/month respectively. Estimated Gross Monthly Rental Income: $5,600 (Based on full occupancy and current rental rates) With multiple income streams, strong commercial potential, and a prime location, this versatile property is an outstanding investment opportunity in the heart of Parkersburg.

Location

State WV

County Wood

Interior

Heating Forced Air

Building

Sewer Public Sewer

Water Public

Schools

School District Wood-Parkersburg Hs

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour