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Listed price in listed location currency (USD).
$895,000

033

MLS® 10162829

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 3911 sqft
Garage 
Taxes $6,008
Days Active 61
Lot Size 
Approx. Age 1964
Avg. Price Per Sqft $228
MLS® Number 10162829

Property Address: 2045 University Ave, Morgantown, WV, 26505-4860

Average square foot calculated using Size range provided by listing agent.

Description

High-Yield Tri-Unit on University Avenue: Maximize your portfolio with this versatile, income-generating commercial property perfectly positioned for high visibility in Morgantown. This tri-unit building offers an incredible mix of established retail, a high-demand specialty tenant, and massive value-add potential in the lower level. Unit 1: The Superette Currently under a lease at $2, 573.43/month. This 1, 271 sq. ft. space (31' x 41') provides a consistent anchor for the building’s cash flow. Unit 2: The Dispensary A premier 1, 353 sq. ft. retail space (33' x 41') currently leased at $5, 536.50/month. This lease features a strategic "future-proof" clause: should recreational cannabis be legalized, the rent automatically adjusts to $8, 000.00/month, offering a massive built-in boost to your ROI. Unit 3: The Entertainment Potential (Lower Level) The 1, 287 sq. ft. dry, unfinished basement is a blank canvas ready for a bar, arcade, or lounge. Equipped with its own 200-amp service and existing plumbing for a kitchen and bathroom, it is primed for development. Lease Option: The owner is also open to leasing the basement separately for $1, 200/month plus pro-rata taxes and insurance—perfect for a startup or satellite location. Whether you are looking for a turnkey investment with guaranteed appreciation or a multi-use space in the heart of the action, this property is a rare find. Schedule your private tour today to see the numbers for yourself!
MLS® Number10162829
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1964
BasementUnfinished, Concrete, Exterior Entry
DrivewayNo Garage, Off Street, 3+ Cars
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$895,000List Price

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