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1042 Morgantown Ave - Mixed-Use Investment | Office & Apartments 8,064 SF Specialty Building Offered at $717,728 CAD in Fairmont, WV 26554

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Investment Highlights

Off-Street Parking Area
Diverse Tenant Mix

100% Leased
Located 0.8 Mile from I-79

Executive Summary

Fully leased and delivering immediate income, 1042 Morgantown Avenue and 1042 1/2 Morgantown Avenue in Fairmont, WV present a strong investment opportunity. Built in 1926, this well-maintained property offers 8,063 (+/-) square feet and a diverse tenant mix. The asset includes two 3-bedroom, 1-bath residential apartments—one in the main building and one in the detached structure—alongside five second-floor office suites, one first-floor office, and a basement storage unit. Together, these components provide a stable, fully occupied income stream with built-in diversification.
Strategically positioned just 0.8 mile from I-79, Exit 137, this asset offers excellent accessibility, visibility, and long-term appeal. With this being fully leased, this property delivers immediate cash flow and strong upside in a growing corridor.

1042 Morgantown Avenue [Investment] Marketing Flyer

Property Facts

Price	$717,728 CAD	Lot Size	0.42 AC
Price Per SF	$89.00 CAD	Building Size	8,064 SF
Sale Type	Investment	No. Stories	3
Property Type	Specialty	Year Built	1926
Property Subtype	Residential Income Office Office Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	NMU - Neighborhood Mixed Use

Price	$717,728 CAD
Price Per SF	$89.00 CAD
Sale Type	Investment
Property Type	Specialty
Property Subtype	Residential Income Office Office Residential
Building Class	C
Lot Size	0.42 AC
Building Size	8,064 SF
No. Stories	3
Year Built	1926
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	NMU - Neighborhood Mixed Use