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Listed price in listed location currency (USD).
$1,150,000

003

MLS® 10162829

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 3911 sqft
Garage No
Maintenance Fees 
Taxes $6,008
Days Active 0
Approx. Age 1964
Avg. Price Per Sqft $294
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. BONUS: With an acceptable offer, the owner is willing to construct a dedicated staircase providing direct access from University Ave to the basement entrance. 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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 19, 2025List Date
$1,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
2045 University Ave, Morgantown, WV

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