FOR SALE OR LEASE 1489 Milford St

FOR SALE OR LEASE. This is an excellent opportunity to purchase a property at 55% of current appraised value! Note: Price is subject to change pending final negotiation on current rentals and stage of current upgrades. If you purchase this property, there is lots of opportunity for income if you’re willing to lease back a portion of the building to most of the current tenants. While the building is for sale, we are currently willing to lease to new tenants.
This 130,000 SF mixed-use building features a Conference Center, one of the largest event centers in North Central West Virginia. Included in the building are 6 event rooms, a grand ballroom, a bingo hall. With ample parking and many nearby amenities and retailers, this center is a go to for locals and is a great investment opportunity. The building sits on 12 acres of land that directly abuts the West Fork River and is fronted by and US-19 and WV State Route 98. Neighboring facilities include car dealerships, a Sheetz convenience store across the street and a GO-Mart on the corner of the property, a grocery store, a hard-ware store and two banks. Located across the river from this property is Clarksburg Splash Zone, the beautiful Veteran’s Memorial Park, Clarksburg Amphitheatre, the Louis A Johnson VA Medical Center, and the WV Veterans Nursing Facility. The traffic in the area is scheduled to change in the fall of 2024 due to the consolidation of local High Schools and Middle Schools. This change will bring more traffic by the property daily. There is a new Dollar General Marketplace opening in the summer of 2024. There are currently 3 limited video lottery locations on the property. In addition, Pearls Parkview Cafe, an ice cream, espresso, coffee and desserts business. Along with the newest business the Village Marketplace, which has brought lots of traffic from all areas since it’s opening in November of 2023.