8018 Northwestern Pike,KEYSER, WV 26726
KEYSER, WV 26726
Description
Huge building - Huge potential. Let your imagination run wild with more than 11,000 sq/ft of usable space offering endless possibilities for investment, business, or redevelopment. Originally constructed circa 1900 as a large barn, this unique structure has evolved into a diverse income-producing property with tremendous upside potential. The property currently includes a spacious 1,400 sq/ft apartment featuring 2 bedrooms, 2 baths, basement garage, laundry area, and additional storage space. The lower level of the barn is home to an active flea market with rented booth space, plus additional unused square footage ready for expansion or repurposing. Upstairs, you'll find an office, kitchen, bathrooms, walk-up attic, and a large finished area currently sitting vacant and ready for new ideas. The current owner also utilizes the exterior lot space for a shed business and is open to leasing the grounds for future use. Positioned at a busy intersection with high traffic counts and exceptional visibility, this property offers rare flexibility with multiple avenues for cash flow generation all in one location. Strong rental history with a potential cap rate around 10%, plus a commercial appraisal completed just 2 years ago showing a value above the current asking price. A rare opportunity for the creative investor seeking scale, visibility, and income diversity.
Details
| MLS # | WVMI2004236 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 161 |
| Listing Provided By | WEST VIRGINIA LAND & HOME REALTY | Shaun Thomas Knotts |
Features
| Story(s) | 3 |
|---|---|
| Units | 3 |
| Zoning | 374 |
| Acreage | 2.09 |
| Property View | Mountain |
Interior
| Cooling | Ductless/Mini-Split |
|---|---|
| Heating Yes / No | Yes |
| Heating | Wall Unit |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Metal Siding, Mixed |
| Foundation Details | Stone |
| Lot Features | Road Frontage, Corner |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 2665 |
|---|
Area Information
| State | WV |
|---|---|
| County | MINERAL WV |
| City | KEYSER |
| Zip Code | 26726 |
| Area | MINERAL WV |
| School District | MINERAL COUNTY SCHOOLS |
| Listing VS Median (in 26726) | |
Price: $650,000 low | high Med: $257,400 On site: 161 low | high Med: 25.5 | |
Market Activity 26726
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Learn More About This Property
| State | WV |
|---|---|
| County | MINERAL WV |
| City | KEYSER |
| Zip Code | 26726 |
| Area | MINERAL WV |
| School District | MINERAL COUNTY SCHOOLS |
| Listing VS Median (in 26726) | |
Price: $650,000 low | high Med: $257,400 On site: 161 low | high Med: 25.5 | |