805 7th Street

Description:

High-Traffic Investment Opportunity in Parkersburg, WV – Seven (7) Parcels Located on high-visibility Seventh Street in Parkersburg, West Virginia, this rare commercial property spans seven parcels in one of the city’s most trafficked areas. Formerly operating as a nightclub, the main structure includes a commercial kitchen, two full bars, public restrooms, and a dressing area—ideal for continued entertainment use or future redevelopment. The property also includes a variety of income-generating residential units, all with owner-paid utilities, as well as ample parking and an oversized three-car garage with garage apartments. Residential breakdown includes: Attached Owners Apartment: Elevator access, two bedrooms, one full bath, open-concept kitchen/living area, plus two sleeping rooms with a shared bathroom (each sleeping room rents for $500/month). Two Garage Apartments (above oversized 3-car garage): One 2-bedroom and one 1-bedroom unit, each renting for $600/month. Duplex: Upper and lower units, each renting for $550/month. Two Additional Units: Located near the private courtyard, renting for $700/month and $600/month respectively. Estimated Gross Monthly Rental Income: $5,600 (Based on full occupancy and current rental rates) With multiple income streams, strong commercial potential, and a prime location, this versatile property is an outstanding investment opportunity in the heart of Parkersburg.