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1100 Murdoch Ave

5,400 SF Vacant Retail Building Parkersburg, WV 26101 $363,812 CAD ($67 CAD/SF)

Investment Highlights

  • 17,000+ VPD
  • 3 Parcels Fronting Murdoch Avenue- Corner Lot
  • Wheelchair Accessible
  • Close Proximity to Camden Clark Medical Center- WVU Medicine
  • Multi-Tenant Building
  • Abundance of Parking

Executive Summary

Explore the opportunity at 1100 Murdoch Avenue, Parkersburg, WV, a generous 5,400 sq ft mixed-use commercial property now on the market. This building spans three parcels along Murdoch Avenue, which experiences an average daily traffic count exceeding 17,000. The ground-level retail space is leased to "Too Small Shop" for $1,100 per month. The upper-level features two professional office suites, each measuring 1,200 sq ft, complete with a reception area, three private offices, restrooms, conference rooms, and dedicated parking, with one office being handicap accessible. Additionally, the property includes a billboard generating $200 monthly or $2,400 annually. Recent upgrades include a new roof installed last fall, and its prime location offers easy access to Camden Clark Medical Center, dining, shopping, and more.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $18,542 $3.43
Other Income $3,371 $0.62
Vacancy Loss - -
Effective Gross Income $21,913 $4.06
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $18,542
Annual Per SF $3.43
Other Income (CAD)
Annual $3,371
Annual Per SF $0.62
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $21,913
Annual Per SF $4.06
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,400 SF
Building Class
C
Year Built
1958
Price
$363,812 CAD
Price Per SF
$67 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.31
Land Acres
0.40 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
10 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
150 ft on Murdoch Ave

Amenities

  • Corner Lot
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning

Nearby Major Retailers

United Bank
Shoney's
Tim Hortons
Truist
WesBanco
Huntington National Bank
Texas Roadhouse
Chase Bank
Piggly Wiggly
Bob Evans Restaurants

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-75-00G40000
Land Assessment
$41,954 CAD (2024)
Improvements Assessment
$120,228 CAD (2024)
Total Assessment
$162,182 CAD (2024)
  • Listing ID: 34061507

  • Date on Market: 2024-12-03

  • Last Updated:

  • Address: 1100 Murdoch Ave, Parkersburg, WV 26101

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