
933 Cheat Road & 15 Crammeys Run Road
Morgantown, WV
Deal Type: Sale
Sale Price: $1,590,000
Lease Price: $10.00 / SQ FT / YEAR
About This Property
933 Cheat Road & 15 Crammeys Run Road – Morgantown, WV
Fully Leased Office Investment Portfolio | Stabilized Commercial Asset with Multiple Tenants Across Multiple Buildings
Strategically positioned in Morgantown, the portfolio offers investors the opportunity to acquire a stabilized commercial asset with multiple tenants across multiple buildings, providing diversification and the potential for long-term income. With all spaces currently leased, and a convenient site configuration, 933 Cheat Road & 15 Crammeys Run Road presents a compelling opportunity for investors seeking an established office property in the Morgantown market.
For Sale: $1,590,000
Investment Highlights:
- Fully Leased Investment Portfolio: 100% leased across both office buildings, providing an established income-producing asset.
- 7,398 (+/-) Total Square Feet: Portfolio includes two two-story office buildings and one garage.
- 0.76 (+/-) Acre Site: Efficient commercial site with multiple buildings and shared parking.
- Two Office Buildings:
- 933 Cheat Road: 4,928 (+/-) SF
- 15 Crammeys Run Road: 2,470 (+/-) SF
- Five Established Tenants: Current tenancy includes Edward Jones, Intentional Wellness & Consulting, Stillwater, Chainbridge Software, and Sheer Creations and both garage spaces.
- Unique Hillside Construction: Both office buildings offer ground-level access to both upper and lower floors, providing convenient accessibility and functional layouts.
- Approximately 25 Shared Parking Spaces: On-site parking serves the office buildings, with additional garage space.
- Two Access Points: Convenient access to the property from multiple points.
- 2010 Construction | 2018 Renovation: Both office buildings were constructed in 2010 and renovated in 2018.
- Security Systems: Both office buildings are equipped with security systems.
- Diverse Tenant Mix: Multiple occupants across the portfolio help provide tenant diversification.
- Convenient Location: Positioned within the Morgantown commercial market, offering proximity to established businesses, services, and major transportation routes (I-68, Exit 7).
- Stabilized Asset: Existing tenancy, renovated buildings, multiple access points, and on-site parking create a turnkey investment opportunity.
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