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2198 US Rt 60

$1,400,000

2198 US Rt 60, Culloden, WV 25510

Active
Last Updated: 12/21/2024

25,000 sqft

Building Size

2 acres

Lot Area

Details:
Building Size:    25,000 sqft
Lot Area:    2 acres
Year Built:    1960
MlsNumber:    180228
Highlights:
  • Age: Over 50 Years Old
  • Exterior Description: Concrete Block
  • Heating Fuel Type: Gas
  • Lot Description: Level
  • Lot Size: 1-2 Acres
  • Roof: Rubber
  • Sewer: City
  • Water: City Water
Description:

Corner of Virginia Ave and Rt 60 in Culloden

Unlock the potential of this 2-acre commercial property situated in a high-visibility location adjacent to the road leading to the new interstate exit coming in 2026. A grocery store since being built, the 18,000 sq ft building has been stripped down to the block walls, concrete flooring, and open ceiling, offering a blank canvas for redevelopment to suit your vision. It could also be leased for $9500 per month NNN. The property also features a 6,000 sq ft auto parts store, currently leased with two five-year renewal options with escalations, providing immediate passive income. With ample road frontage and proximity to key traffic routes, this site is ideal for a variety of commercial uses, except another grocery store (due to a deed restriction). Income-Producing Asset: 6,000 sq ft national auto parts store with active lease and two five-year renewal options for steady cash flow. Redevelopment Ready: 18,000 sq ft building stripped to block walls, concrete flooring, and open ceiling, offering a blank slate for customization: High-Visibility Location: 2-acre property adjacent to the road leading to the new interstate exit, ensuring maximum exposure and traffic flow.

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