Commercial Real Estate for Sale at 1284 River Road in Morgantown, WV for $490,000

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1284 River Road | Morgantown

$490,000 | 0.0 Sq. Ft.

Unrestricted 1.59-Acre Mixed-Use Compound Strategic Investment \u0026 Development Opportunity\r\nMaximize your ROI with this rare, high-versatility asset featuring two distinct residences on an expansive 1.59-acre lot. Located outside city limits with no zoning restrictions, this property is uniquely positioned for residential, commercial, or light industrial use. \r\nAsset Highlights:\r\nPrimary Facility: A 3BD/2BA layout, locally harvested stone on exterior of home, granite countertops in kitchen and massive rec room.\r\nConvertible Flex Space: The expansive recreation wing with wet bar and independent kitchen/bath offers immediate potential as a third self-contained unit or professional office suite.\r\nSecondary ADU: A 1BD\u002BLoft secondary residence with vaulted ceilings and laundry hookups. IDEAL FOR RENTAL INCOME, GUEST HOUSING, OR A STANDALONE BUSINESS HEADQUARTERS.\r\nIndustrial-Grade Infrastructure: A gravel parking area easily accommodates heavy equipment, a fleet of vehicles for business purposes, or parking space for multiple tenants. \r\nLocation \u0026 Logistics:\r\nStrategically situated near major hubs:\r\n7 min to West Virginia University (WVU). (GREAT FOR STUDENT RENTALS)\r\n10 min to the Mall Road retail corridor.\r\n15 min to regional air transport.\r\nFuture Growth: Directly benefits from the upcoming Phase 2 Harmony Grove Interchange, providing a new exit to River Road for enhanced logistics and property appreciation. Whether you are scaling a home-based business, establishing a multi-income portfolio, or seeking a flexible corporate compound, this property delivers unparalleled utility. THE ADJACENT PARCEL IS ALSO AVAILABLE FOR EXPANDED DEVELOPMENT. MLSNow 5191569 Directions to property: From Mall Rd. Turn left onto Fairmont Rd. Turn right onto Dupont Rd. Take a slight right turn onto River Rd. After 1.5 miles take a slight right turn. Driveway will have sign at the road.

MLS Listing ID: 
MLSNow 5191569
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$490,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Morgantown
Address: 
1284 River Road, Morgantown, WV 26501
County: 
Monongalia
Latitude: 
39.6058230
Longitude: 
-79.9984980
Directions: 
From Mall Rd. Turn left onto Fairmont Rd. Turn right onto Dupont Rd. Take a slight right turn onto River Rd. After 1.5 miles take a slight right turn. Driveway will have sign at the road.
Public Remarks: 
Unrestricted 1.59-Acre Mixed-Use Compound Strategic Investment \u0026 Development Opportunity\r\nMaximize your ROI with this rare, high-versatility asset featuring two distinct residences on an expansive 1.59-acre lot. Located outside city limits with no zoning restrictions, this property is uniquely positioned for residential, commercial, or light industrial use. \r\nAsset Highlights:\r\nPrimary Facility: A 3BD/2BA layout, locally harvested stone on exterior of home, granite countertops in kitchen and massive rec room.\r\nConvertible Flex Space: The expansive recreation wing with wet bar and independent kitchen/bath offers immediate potential as a third self-contained unit or professional office suite.\r\nSecondary ADU: A 1BD\u002BLoft secondary residence with vaulted ceilings and laundry hookups. IDEAL FOR RENTAL INCOME, GUEST HOUSING, OR A STANDALONE BUSINESS HEADQUARTERS.\r\nIndustrial-Grade Infrastructure: A gravel parking area easily accommodates heavy equipment, a fleet of vehicles for business purposes, or parking space for multiple tenants. \r\nLocation \u0026 Logistics:\r\nStrategically situated near major hubs:\r\n7 min to West Virginia University (WVU). (GREAT FOR STUDENT RENTALS)\r\n10 min to the Mall Road retail corridor.\r\n15 min to regional air transport.\r\nFuture Growth: Directly benefits from the upcoming Phase 2 Harmony Grove Interchange, providing a new exit to River Road for enhanced logistics and property appreciation. Whether you are scaling a home-based business, establishing a multi-income portfolio, or seeking a flexible corporate compound, this property delivers unparalleled utility. THE ADJACENT PARCEL IS ALSO AVAILABLE FOR EXPANDED DEVELOPMENT.
Community Information
School District: 
Monongalia WVCSD
Building Details
Details about the building on a property.
Year Built: 
2002
Living Area: 
0.0
Construction
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard,Electric,Forced Air,Fireplace(s),Gas
Cooling System: 
Central Air,Ceiling Fan(s)
Water Source: 
Public
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.59
Lot Size (Area): 
1.59
Lot Features
Parking Type: 
Driveway,Gravel,Gated,Oversized,Parking Lot
Public Record
Parcel Number: 
31-070-01300650000
Annual Tax: 
$976.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXIT Riverbend Realty

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