219 Jefferson St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
219 Jefferson St
8,574 SF 76% Leased Retail Building Fairmont, WV 26554 $189,800 ($22/SF) 5.03% Cap Rate
Investment Highlights
- A short walk to the Million Dollar Bridge, which crosses Monongahela River, and the Gateway Connector.
Executive Summary
Elevate your business with this prime location in Fairmont's downtown Historic [Business] District, between the Marion County Courthouse and the Million Dollar Bridge. Mirrored glass, high visibility, & close proximity to I-79. The upscale 1040 SF office interior was renovated about 2013, and features an elegant decor and hardwood floors. Stylish reception area w/ granite counters & sitting area. 2 attractive offices & half bath. Street parking plus 4 spaces at the left side parking lot. Full unfinished basement for storage. Rental income for main office is estimated at $1,200. On the upper level, a beautifully-remodeled 2-BR apartment (rented for $800/month), which could be 3 additional offices, kitchen & full bath. Showcase your business here at 119 Jefferson St with its elegant expandable office space, 2-BR apartment on upper level, and convenient commute to city amenities including I-79.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$800
|
$0.09
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$800
|
$0.09
|
| Taxes |
$1,128
|
$0.13
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,128
|
$0.13
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $800 |
| Annual Per SF | $0.09 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $800 |
| Annual Per SF | $0.09 |
| Taxes | |
|---|---|
| Annual | $1,128 |
| Annual Per SF | $0.13 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,128 |
| Annual Per SF | $0.13 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,574 SF
Building Class
C
Year Built/Renovated
1890/2013
Price
$189,800
Price Per SF
$22
Cap Rate
5.03%
NOI
$9,552
Percent Leased
76%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
3.94
Land Acres
0.05 AC
Opportunity Zone
Yes
Zoning
Historic business - Historic Business District
Parking
6 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
46 FT on Jefferson St
Amenities
- 24 Hour Access
- Storage Space
PROPERTY TAXES
| Parcel Number | 03-1-02240001 | Total Assessment | $49,200 (2024) |
| Land Assessment | $12,900 (2024) | Annual Taxes | $1,128 ($0.13/SF) |
| Improvements Assessment | $36,300 (2024) | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
Parcel Number
03-1-02240001
Land Assessment
$12,900 (2024)
Improvements Assessment
$36,300 (2024)
Total Assessment
$49,200 (2024)
Annual Taxes
$1,128 ($0.13/SF)
Tax Year
2023 Payable 2023
-
Dennis Finamore -
D.G. Finamore & Associates LLC
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
219 Jefferson St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.