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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