McColloch Wheeling, WV $ 2,300,000
McColloch
$ 2,300,000
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McColloch

Wheeling, WV, 26003
$ 2,300,000
Baths0.0 Sq 85,000

Monthly Estimate*

$ 16,066

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Studio

Commercial Property for sale in Wheeling, WV

for $2,300,000. This 85,000 square foot building was built in 1940.

Here is a great opportunity for investors. Loading docs and a doc ramp make options for different business possibilities. Seemingly endless space exists for future buildout plans, office areas, restrooms, works areas, storage, storefront, and more which can be created or utilized with the existing layout. Nearly everything is updated including the entire roofing system, electrical, HVAC, and mechanical items. Most of the spaces are leased currently with stable tenants. The lower areas are very large and present creative ways to increase revenue potential. There are 3 wells on the property which invite ways to satisfy different water supply needs on site or for water hauling with hookups already in place. Includes 12 parcels. 4.1398 Acres. There are loading docs and fork ramps on each end and the lower level. The currently subdivided building is easily opened back to it's original interconnected setup. Two elevator shafts are available for future elevator options. The separate building can be used as a vehicle repair location or something different. Perfect for one business of multiples.

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Commercial Active

Price

$ 2,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,069

Style

Year Built

1940

Town/City

Wheeling

County/Region

Ohio

MLS | Web ID

4505813

Features
General
Sewer PublicSewer
Possession Negotiable
Roof Asphalt Fiberglass Rubber
Year Built 1940
Property SubType MixedUse
County Ohio
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features LoadingDock OverheadDoors
Status Active
Directions 40 to McColloch Street
City Wheeling
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Ohio WVCSD
Waterfront Y/N N
Carport Y/N N
Street Name McColloch
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 10069.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 150
Building Area Units SquareFeet
Standard Status Active
Middle/Junior School District Ohio WVCSD
Elementary School District Ohio WVCSD
Property Sub Type Additional MixedUse
Cap Rate 11.0
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Exterior
Parking Features OnSite Outside
Water Source Public
Spa N
Building Area Total 77101.0
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 85000.0
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Owner
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* Excluded Features
List By
Mark McNeely

Listing Agent

Harvey Goodman, Realtor

Broker

marklmcneely@me.com

Email

Affordability Calculator

$16,905
Per Month
95%
5%
0%
Monthly Principal & Interest
$16,066
Monthly Property Taxes
$839
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1396428 Elementary School
1396427 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2024$2,300,000 -8.00% Price Down
3/7/2024$2,500,000 -7.41% Price Down
11/22/2023$2,700,000 Listed Price

Map


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McColloch, Wheeling, WV, 26003 is a Commercial Property for sale at $2,300,000 with 85,000 sqft. McColloch is a studio with 0.0 baths and was built in 1940. The property's zip code is 26003 which is in Wheeling, WV