Address
78 Kingwood Street, Morgantown, WV
Price
$ 299,999
Property Attributes
  • MLS#10163174
  • TypeCommercial
  • Listing Status Active
  • CountyMONONGALIA
  • CityMorgantown
  • AreaMonongalia-Morgantown
  • Zip26501
  • StyleMixed Use
  • Year Built1940
  • Taxes$ 2072
  • Price$ 299,999
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3900
  • Lot Size0.1 Acres
Data Source:
North Central West Virginia Real Estate Information Network
Property Description

Prime Downtown Mixed-Use Investment Opportunity!! Exceptional opportunity to own an income-producing, mixed-use property in a highly desirable downtown neighborhood. The street-level space features a well-established 3-chair hair salon with excellent visibility and strong upside, offering potential rental income of approximately $2,500 per month. The space also has potential to be converted into a business of your choice. Above the commercial space are two beautifully renovated apartments, both currently leased at $1,400 per month, providing immediate and consistent cash flow. The residential units have been thoughtfully updated and remain highly desirable in this sought-after downtown location, close proximity to everything downtown has to offer. Adding to the value are seven off-street parking spaces, a rare downtown amenity, which can be individually leased for an estimated $50-$100 per space per month, creating an additional income stream. With multiple revenue sources, a proven rental history, and a prime location near dining, shopping, and entertainment, this turnkey mixed-use property presents an excellent opportunity for investors or owner-occupants seeking strong returns with future upside!

Price History
1/28/2026 Listed $349,900
4/29/2026 3$339,900
8/11/2026 12$299,999

General Features

Living Area 3900
Heating Gas
Cooling Central Air
Possession Closing
Roof Shingles,Slate
current use Hair Salon,2 apartments
Zoning General Commercial
Construction Block
Year Built 1940
Parking Off Street,Paved,Assigned/Reserved,Lot,Street,6-10 Spaces
Stories Count 3
County Monongalia
Number of Units 2
Class Commercial (For Sale)
Type Mixed Use
Parcel Number 202/203
Zoning Description Commercial Multi-use
Tax Year 2025
Road Frontage Paved,Other,City Street
Tenants 2
Associated Document Count 2
Handicap Modified No
Status Active
Subdivision WV
District Second Ward
Primary City Morgantown
City Limits Yes
Divisible No
Location Downtown
Directions From Spruce Street downtown,make a right onto Brockway Avenue. Go across the bridge and make the first left onto Kingwood St. Property is on the left,includes entire corner (building and parking lot)
City Morgantown
Sale/Lease For Sale
Legal Description 55.5X20X11X5.5X66.5' & 44-1/2X66-1/2' 78 KINGWOOD ST
Postal Code 26501
Price Per Sq Ft Total AG 76.92
DISCLOSURES Legal Description,Showing Restrictions,Seller’s Disclosure Discl,Notice of Agency Relation

Interior Features

Interior Amenities Electric Stove Connection,Washer Connection,Electric Dryer Connection
Electricity 200 Amps
Flooring Wall-to-Wall Carpet,Vinyl,Laminate
Retail SqFt 1300
Restrooms 3
Photo Yes

Exterior Features

Exterior Amenities Outside Storage Area,Door Signage
Foundation Block
Lot Size Area 0.1
Water/Sewer City Sewer,City Water
Frontage Feet 250
Lot Description Corner

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 26501

Price
AVG $900K
$300K
Taxes
AVG $5,706
$2,072
Year Built
AVG 1966
1940
Visits
AVG 33
56
Data Provided by Inside Real Estate®
Listed By
BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY

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