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Steve Galusky | Railey Realty

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78 Kingwood StreetMorgantown, WV 26501Price: $339,900

  • Price: $339,900
  • 120 Days on Market
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
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  • $339,900List Price
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Prime Downtown Mixed-Use Investment Opportunity!! Exceptional opportunity to own an income-producing, mixed-use property in a highly desirable downtown neighborhood. The street-level space features a well-established 3-chair hair salon with excellent visibility and strong upside, offering potential rental income of approximately $2,500 per month. The space also has potential to be converted into a business of your choice. Above the commercial space are two beautifully renovated apartments, both currently leased at $1,400 per month, providing immediate and consistent cash flow. The residential units have been thoughtfully updated and remain highly desirable in this sought-after downtown location, close proximity to everything downtown has to offer. Adding to the value are seven off-street parking spaces, a rare downtown amenity, which can be individually leased for an estimated $50-$100 per space per month, creating an additional income stream. With multiple revenue sources, a proven rental history, and a prime location near dining, shopping, and entertainment, this turnkey mixed-use property presents an excellent opportunity for investors or owner-occupants seeking strong returns with future upside!

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Courtesy of BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY

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