The "Jacobs-Hutchinson Block" 205 Adams St 36,800 SF Office Building Fairmont, WV 26554 $453,674 CAD ($12.33 CAD/SF)

This is a 5 story historic building with a total of approximately 36,000 sq ft. It is steel framed with masonry construction designed by renowned architect, Andrew C. Lyons and constructed by Holbert & Spedden, Builders in 1902. There are 3 elevators of which one is an automatic and the other 2 are manually operated. All are operational but one has been dormant as it was not essential to the operation of the business occupying the building. There is commercial track lighting that has been converted to LED throughout the building. There has been substantial remodeling over the years to keep up with modern times as required by retail businesses. There are very few load bearing walls and the use can easily be modified. The roof was recently replaced and is in excellent condition. HVAC is operational utilizing forced air gas fired hot water heat and rooftop air conditioning. The building is listed on the National Registry of Historic Places through the US Department of Interior and is eligible for historic tax credits.
It is currently housing a retail antique business with individual vendors located throughout the first 3 floors. The business and real estate is owned by a corporation of which I am the sole owner and would include the business if the potential buyer is interested. The location is in the Court House block of the downtown area with other historic structures. There is a city owned parking lot adjacent to the building with approximately 50 spaces and on-street parking in front of the building. A parking garage is located 2 blocks north and various lots within the downtown district. .
Fairmont is the county seat of Marion County with an approximate population of 56,000. Fairmont State University and Pierpont Community and Technical College are headquartered here and located close by as well as Fairmont Medical Center, a division of West Virginia University Medicine Hospitals Network. West Virginia University is located 20 miles north in Morgantown, WV. The WV High Tech Foundation is located in Fairmont. Tenants include NASA, NOAA and Government Contractors for defense and aerospace. The FBI fingerprint division and other dept of Justice offices are located 15 miles south in Clarksburg.