42
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$450,000
Est. payment /mo
0.66 Acres Lot
New
805 7th ST Parkersburg, WV 26101
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5121351
HOA Y/N No
Year Built 1920
Annual Tax Amount $6,800
Tax Year 2024
Lot Size 0.655 Acres
Acres 0.6555
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.
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
Fireplace No
Exterior
Water Access Desc Public
Present Use Multi-Family,Mixed Use
Building
Sewer Public Sewer
Water Public
Schools
School District Wood-Parkersburg Hs
Others
Tax ID 05-81-01950000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Betsy L Asbury-Parsons • Coldwell Banker Commercial Select Properties • 304-422-6000 admin@selectpropertiesrealty.com