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422 Market St 15,069 SF 100% Leased Office Building Parkersburg, WV 26101 $678,606 CAD ($45.03 CAD/SF)



EXECUTIVE SUMMARY
Great "Downtown Parkersburg" location producing good income with potential for much more. Jimmy John's on the first floor (only using 1650 of the 6,000 first floor square footage available) is one of the busiest fast food shops in Parkersburg, and pays ALL building property taxes, insurance, and Police, Fire & Floodwall fees. Over half the first floor is vacant and ready for a New Business venture. Nearly 5,000 s/f on the second floor used as Office space/Call center is currently vacant and is ready to lease out. Third floor is being used as a large apartment. New roof in two stages of 2014 / 2019. The parking lot has 20 spaces out front (5th and Market St) an additional lot behind the property with alley access (4 Parking Spaces). Total of 8 Parcels : 05-93-00270000, 05-93-00260000, 05-93-00250000, 05-93-00240000, 05-93-
026A0000, 05-93-022A000, 05-93-022B000, 05-93-00220000.
026A0000, 05-93-022A000, 05-93-022B000, 05-93-00220000.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
15,069 SF
Building Class
C
Year Built/Renovated
1900/2006
Price
$678,606 CAD
Price Per SF
$45.03 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,023 SF
Building FAR
1.01
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
16 Spaces (0.62 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $298,060 CAD | |
| Land Assessment | $80,891 CAD | Total Assessment | $378,951 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$80,891 CAD
Improvements Assessment
$298,060 CAD
Total Assessment
$378,951 CAD
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422 Market St
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