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Merchant Street Portfolio

2 Retail Properties Offered at $875,000 in Fairmont, WV

Investment Highlights

  • LARGE OFF-STREET PARKING LOT
  • STORAGE
  • 265’ OF ROAD FRONTAGE
  • OVERHEAD DOORS
  • EXCELLENT ACCESS AND VISIBILITY

Executive Summary

Located on the corner of Merchant Street and Market Street, 303-305 Merchant Street offers 10,000 (+/-) square feet of space available for lease. This property is available in the sale of the portfolio. The Merchant Street Portfolio also includes 307 Merchant Street which includes a 2,800 (+/-) square foot one-story building occupied by BFS Liquor. This property offers excellent access to the Fairmont Gateway Connector and roughly 132’ of road frontage along Merchant Street and 265’ along Market Street. The property is conveniently located 1.4 miles to I-79, Exit 136 and 1.1 miles to downtown Fairmont.
The property is located inside the city limits of Fairmont and is within walking distance to many amenities. Along State Street there is a daily traffic count of 13,822 (+/-) vehicles per day (This data is provided by Esri, Esri and Kalibrate Technologies 2023).

307 Merchant Street: 2,800 (+/-) SQUARE FEET
Available with the sale of the portfolio, BFS Liquor currently occupies 2,800 (+/-) square feet of retail building. The space is largely open with a walk-in beer cave, a small office and a small restroom. Finishes to the space include drywall walls, drop ceilings, tile flooring, and fluorescent lighting throughout. This space is only available in the sale of the portfolio.

303-305 Merchant Street: 10,000 (+/-) SQUARE FEET
Formerly the Riders Pharmacy, this building offers a total of 10,000 (+/-) square feet of industrial/retail space. The main floor consists of a large open retail space, several different offices/storage rooms, and one restroom. The basement of the building is a mostly open industrial/unfinished space used for storage. The overhead doors in the garage are on the same level as the office mezzanine. There is a set of stairs to access the office mezzanine on the main floor of the building. The building offers one main entrance at the front of the building and an additional entrance/exit located on the side of the building with the overhead doors. Finishes amongst all buildings include a mixture of slat wood walls, concrete block walls, drywall walls, drop ceilings, carpet, vinyl, and concrete flooring, and fluorescent lighting throughout. This space is available in the lease and/or sale of the portfolio.

Property Facts

Price $875,000
Price / SF $56.09 / SF
Sale Type Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 15,600 SF
Total Land Area 0.36 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
303-305 Merchant St, Fairmont, WV 26554 Retail 12,800 SF 1938 -
307 Merchant St, Fairmont, WV 26554 Retail 2,800 SF - -
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  • Listing ID: 31512136

  • Date on Market: 4/15/2024

  • Last Updated:

  • Address: Merchant Street Portfolio, Fairmont, WV

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