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306-308 S Fairfax Blvd
6,140 SF Retail Building Offered at $349,000 at a 6.15% Cap Rate in Ranson, WV
- Mixed use building
- High traffic location
- Flex space in back with its own loading dock
|Price||$349,000||Gross Leasable Area||6,140 SF|
|Sale Type||Investment||No. Stories||1|
|Cap Rate||6.15%||Year Built||1954|
|Sale Conditions||Bulk/Portfolio Sale||Parking Ratio||2.61/1,000 SF|
|Property Type||Retail||No. Dock-High Doors/Loading||1|
|No. Drive In / Grade-Level Doors||1|
|Building Class||C||Zoning Description||comm|
|Lot Size||0.29 AC||APN / Parcel ID||Blk# 86 #27,28,29,30|
ABOUT 306-308 S Fairfax Blvd , Ranson, WV 25438
Large Building with multi spaces the each have there own Baithroom and connects to the large back flex space in the back of the building, Located on a very high traffic street across from the Ranson city hall.
Marketing BrochureDownload Brochure
Financial Summary (Actual - 2018)
|Annual||Annual Per SF|
|Gross Rental Income||$31,200||5.08|
|Effective Gross Income||$31,200||5.08|
|Net Operating Income||$21,460||3.50|
Talent Base and Commute Times
Major Tenant Information
|Tenant||SF Occupied||Lease End Date|
|Luis Used Appliances, LLC||3,500|
|Ms 3 Solutions||2,500|
- Pylon Sign
|Collection Street||Cross Street||Traffic Vol||Year||Distance|
|N George St||E North St, SE||9,629||2018||0.24 mi|
|W North St||Opera House Way, SW||2,015||2018||0.28 mi|
|N George St||E North St, NW||8,803||2018||0.29 mi|
|N George St||W Liberty St, NW||6,800||2018||0.35 mi|
|N George St||E North St, NW||8,980||2016||0.35 mi|
|Duffields Commuter Rail (Brunswick Line)||15 min||6.8 mi|
|Harpers Ferry Commuter Rail (Brunswick Line)||15 min||8.1 mi|
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