2045 University Avenue, Morgantown, WV 26505

Morgantown
Local realty services provided by:Better Homes and Gardens Real Estate Central
2045 University Avenue,Morgantown, WV 26505
$950,000
  • - Beds
  • - Baths
  • 3,911 sq. ft.
  • Multi-family
  • Active
Listed by: james craig
Office: blue sky realty, llc.
MLS#:10162829
Source:WV_NCWV

Price summary

  • Price:$950,000
  • Price per sq. ft.:$242.9

About this home

High-Yield Tri-Unit on University Avenue: Maximize your portfolio with this versatile, income-generating commercial property perfectly positioned for high visibility in Morgantown. This tri-unit building offers an incredible mix of established retail, a high-demand specialty tenant, and massive value-add potential in the lower level. Unit 1: The Superette Currently under a lease at $2,573.43/month. This 1,271 sq. ft. space (31' x 41') provides a consistent anchor for the building’s cash flow. Unit 2: The Dispensary A premier 1,353 sq. ft. retail space (33' x 41') currently leased at $5,536.50/month. This lease features a strategic "future-proof" clause: should recreational cannabis be legalized, the rent automatically adjusts to $8,000.00/month, offering a massive built-in boost to your ROI. Unit 3: The Entertainment Potential (Lower Level) The 1,287 sq. ft. dry, unfinished basement is a blank canvas ready for a bar, arcade, or lounge. Equipped with its own 200-amp service and...

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Home facts

  • Year built:1964
  • Listing ID #:10162829
  • Added:292 day(s) ago
  • Updated:October 08, 2026 at 03:27 PM

Rooms and interior

  • Flooring:Wood
  • Basement Description:Concrete Floor, Exterior Access, Unfinished
  • Living area:3,911 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Heat, Forced Air

Structure and exterior

  • Roof:Rolled
  • Year built:1964
  • Building area:3,911 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Wood
  • Exterior Features:Outside Lighting
  • Foundation Description:Block
  • Levels:1 Story

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$242.9
  • Tax amount:$6,008

Features and amenities

  • Laundry features:9ft+ Ceiling
  • Amenities:9'+ Ceiling, Outside Lighting

Parking

  • Parking description:3+ Cars, Off-Street Parking

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