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Investment Highlights

  • Very strong, national tenant, with high likelihood of lease renewal
  • Tastefully renovated to provide a modern look and feel
  • Prominent, neighborhood location adjacent to Wood County's largest high school

Executive Summary

A wonderfully updated, professional/medical office building in the heart of North End of Parkersburg (across from Parkersburg High School) with a strong, national tenant with hundreds of locations across the United States. This asset is perfectly suited for the real estate investor looking for a low maintenance, strong cap rate, strong credit/tenant opportunity, with significant future upside tied to a possible lease renewal in 2029.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $171,745 $23.96
Other Income - -
Vacancy Loss - -
Effective Gross Income $171,745 $23.96
Taxes $13,984 $1.95
Operating Expenses $14,640 $2.04
Total Expenses $28,624 $3.99
Net Operating Income $143,121 $19.97

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $171,745
Annual Per SF $23.96
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $171,745
Annual Per SF $23.96
Taxes (CAD)
Annual $13,984
Annual Per SF $1.95
Operating Expenses (CAD)
Annual $14,640
Annual Per SF $2.04
Total Expenses (CAD)
Annual $28,624
Annual Per SF $3.99
Net Operating Income (CAD)
Annual $143,121
Annual Per SF $19.97

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,167 SF
Building Class
A
Year Built
1965
Price
$1,974,077 CAD
Price Per SF
$275.44 CAD
Cap Rate
7.25%
NOI
$143,121 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,167 SF
Building FAR
0.26
Lot Size
0.64 AC
Zoning
B-2 - Business
Parking
30 Spaces (4.19 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -

MyEyeDr. began in 2001 with a goal of combining comprehensive eye care and eyewear in one place. The company provides eye exams, optometry services, eyewear, contact lens offerings, and insurance-friendly patient care through a network of vision care centers across the United States. MyEyeDr. built its model around localized service from community doctors, paired with a broad selection of glasses and brands for different budgets and lifestyles. The business continues to focus on vision health and retail eyewear as its core verticals while serving patients through a wide national footprint.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - -
Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
05-62-02270000
Land Assessment
$80,787 CAD
Improvements Assessment
$289,465 CAD
Total Assessment
$370,252 CAD
Annual Taxes
$13,984 CAD ($1.95 CAD/SF)
Tax Year
2025
  • Listing ID: 42020232

  • Date on Market: 2026-09-02

  • Last Updated:

  • Address: 2014 Dudley Ave, Parkersburg, WV 26101

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