1026 Mildred StRanson, WV 25438

For Sale
$1,100,000

1.8 Acres, Mixed-Use Income Property

Overview

Added:
Feb 3
Days on market:
39
This exceptional 1.8-acre commercial property in Ranson, WV, presents a remarkable investment opportunity. Located on Charles Town Road, the property boasts over 200 feet of road frontage and convenient rail access. The existing building, featuring a recently installed (2024) metal roof, houses a diverse mix of income-generating tenants. Currently, the property includes twelve mobile home spaces (ground rent only), one mobile home (full rent), two apartments, and one commercial tenant. The apartments are spacious, with one offering three bedrooms and two bathrooms, and the other featuring two bedrooms and one bathroom. All tenants are on month-to-month agreements, providing flexibility for future development. There's also room for three to four additional mobile homes. The second roof above the apartments is approximately ten years old. The property's substantial size and strategic location offer significant potential for redevelopment or expansion, subject to local ordinances. The 78,408 square foot property is priced at $1,100,000. This is a rare chance to acquire a versatile income-producing asset with considerable upside potential.

Property Details for 1026 Mildred St

Property type
Other commercial real estate
Square Feet
78,408 SF
Year Built
1958
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Ranson
County
JEFFERSON
State
West Virginia
Latitude
39.30829
Longitude
-77.86344
1026 Mildred St, Ranson, West Virginia

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1026 Mildred St
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