157 Main Street
Wardensville, WV 26851
MLS #HD8513811

Commercial
    $329,000
    Est. P&I payment: $1256.56/mo
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    Description for 157 Main Street, Wardensville, WV 26851
    GREAT INVESTMENT PROPERTY. Three rental unit building currently leased for 5 years to an established restaurant, brewery and 2nd floor apartment all metered separately. Building in good condition and great location with on & off street parking located on a 60' x 165' lot. Apartment has separate entrance offering 1315sf of living space. Current business and restaurant equipment does not convey.
    MLS #HD8513811
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    My Notes for MLS #HD8513811

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Restaurant

    Exterior Features

    • Roof: Metal
    • Stories: 2
    • Lot Dimensions: 165x75
    • Water Front: N
    • Road Frontage: 75
    • Parking Included In List Price: Y
    • Parking: Unassigned,​Street,​Paved Driveway
    • Parking Block Or Square: MAIN STREET PARKING,​ ALLEYWAY AND ADDITIONAL PARKING IN REAR.

    Interior Features

    • Gross SQFT: 5,291
    • Floor: Wood

    Utilities Features

    • Cooling Fuel: Electric
    • Cooling: Heat Pump(s)
    • Electric Service: 120/240V
    • Heating Fuel: Bottled Gas / Propane
    • Heating: Forced Air
    • Hot Water: Electric
    • Sewer Septic: Public Septic,​Public Sewer
    • Water: Public

    Financial Features

    • Total Taxes: 2,036.5
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 464.7
    • City Town Tax Payment Freq: Annually
    • County Tax: 1,571.8
    • County Tax Payment Freq: Annually
    • Tax Year: 2012
    • Improvement Assessment Amount: 85,500
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 7,440
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 92,940
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2012
    • Gross Income: 28,200
    • Monthly Gross Rent: 2,350
    • Rent Special Terms: Three rental properties on Wardensville Main Street (155,​ 157 and 159 Main St) all metered individually. 155 is the restaurant side and 159 is the brewery side and both are ground floor spaces. 157 is second floor 2BD2BA apartment. Five year lease term began Jan 1,​ 2013 and terminates Dec 31,​ 2017 with renewal option upon mutual agreement. 15ftx165ft alleyway also conveys.

    Community Features

    • City: 10000008194
    • County: Hardy
    • HOA: N
    • Vacation Home: N
    • Roads: State,​Public Street,​Paved,​US Hwy/Interstate
    • Advertised Subdivision: WARDENSVILLE HISTORIC MAIN ST - COMMERCIAL DIST

    Misc Features

    • Property Condition: Shows Well
    • Year Built: 1940
    • Tenancy: 3+ Year Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No

    Location

     
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    The listing information for 157 Main Street, Wardensville, WV 26851 was graciously provided by our friends at the listing brokerage, Lost River Real Estate, LLC

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    P&I Payment $1256.56
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    Last Updated 09/20/2017 at 1:59pm
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