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10,720 (+/-) SF Total Space Available 1370 University Ave 10,547 sq ft Retail Property Morgantown, WV 26505 £669,156 (£63.45/sq ft)
INVESTMENT HIGHLIGHTS
- HIGHLY VISIBLE
- ADAPTABLE LAYOUT
- CLOSE TO MANY AMENITIES
- WALKING DISTANCE TO WVU’S MAIN CAMPUS AND HIGH STREET
EXECUTIVE SUMMARY
Situated in the heart of downtown Morgantown, 1370 University Avenue offers an exceptional opportunity with this versatile commercial building. This property features 1,536 (+/-) square feet of restaurant space along University Avenue and 9,011 (+/-) square feet of retail/office space with access from both University Avenue and Chestnut Street. This property uniquely offers 24 (+/-) off-street parking spaces via two paved lots. The asset presents a prime investment opportunity with its strategic downtown location and flexible space options, ready to accommodate your businesses needs.
This location is highly visible and convenient, within walking distance of West Virginia University’s main campus, Walnut Street PRT, and numerous amenities. The property is positioned roughly 2.5 miles from I-79, Exit 152, 3.5 miles from I-68, Exit 1, and 5 miles from I-68, Exit 7.
This location is highly visible and convenient, within walking distance of West Virginia University’s main campus, Walnut Street PRT, and numerous amenities. The property is positioned roughly 2.5 miles from I-79, Exit 152, 3.5 miles from I-68, Exit 1, and 5 miles from I-68, Exit 7.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
Sale Type
Owner Occupier
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
10,547 sq ft
Costar Property Class
C
Year Built
1947
Price
£669,156
Price per sq ft
£63.45
Tenancy
Single
Number of Floors
2
Plot ratio
0.67
Total Plot Size
0.36 ac
Opportunity Zone
Yes
Use Class
B-4, General Business
Parking
24 Spaces (2.66 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Signage
- Storage Space
- Recessed Lighting
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
1536SF for lease
9,011 SF for lease
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,536 sq ft | Retail | - | Now |
| 2nd Floor | 9,011 sq ft | Office / Retail | - | Now |
1st Floor
| Size |
| 1,536 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 9,011 sq ft |
| Space Use |
| Office / Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,536 sq ft |
| Space Use | Retail |
| Position | - |
| Available | Now |
1536SF for lease
2nd Floor
| Size | 9,011 sq ft |
| Space Use | Office / Retail |
| Position | - |
| Available | Now |
9,011 SF for lease
Walk Score®
Excellent pedestrian access (90)
Bike Score®
Good for cycling (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-26A-00820000 | Improvements Assessment | £221,876 (2025) |
| Land Assessment | £98,243 (2025) | Total Assessment | £320,118 (2025) |
PROPERTY TAXES
Parcel Number
11-26A-00820000
Land Assessment
£98,243 (2025)
Improvements Assessment
£221,876 (2025)
Total Assessment
£320,118 (2025)
CONTACTS
-
David Lorenze, CCIM, SIOR -
Jeff Stenger -
Mark Nesselroad, Esq, MBA -
Black Diamond Realty
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10,720 (+/-) SF Total Space Available | 1370 University Ave
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