Published on: Tuesday, July 2, 2024
Updated on: Tuesday, July 2, 2024
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About the Lister
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Name: Guzel Lubinski
Company: Golde Group Real Estate
Office Phone: 312-237-0290
Cell Phone: 312-237-0290
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Financing  Business  Material
  Commercial property
Route 26 Kingwood West Virginia , 26537
Route 26 Kingwood West Virginia                                                                                       , 26537 Golde Group Real Estate
Listing ID: CL-West Virginia-108

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-West Virginia-108
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: N/A SqFt
Lot Size: 19 Acre
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Undevelope Land
Listing Summary
Golden Group Real Estate is proud to present 19.13 acres of prime real estate in Kingwood, West Virginia.
Complete Details
Year Build: N/A
Building Size: N/A
No of Stories: N/A
Total Lot Area: 19 Acre
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Undevelope Land
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Golden Group Real Estate is proud to present 19.13 acres of prime real estate in Kingwood, West Virginia. Mostly leveled parcel, zoned B-1 (Neighborhood Highway Commercial) and R-3 (Apartment Residential) is the largest in the city of Kingwood, which is a part of the Morgantown metropolitan area. It is situated near the Cheat River on highways WV-7 and WV-26, just 25 miles southeast of Morgantown. The site has about 1,180 feet of frontage on Rt. 26. It is in close proximity to the Preston Memorial Hospital, schools, Camp Dawson, Preston County Buckwheat Festival, many retailers, restaurants, and shops (Walmart, Shop & Save, Tractor Supply, Burger King, Hardees, Walgreens and others). The site benefits from low real estate taxes, 16% lower cost of living than the national average and friendly local government. Deep Creek Lake and The Wisp resort in Maryland (about 33-35 miles from the site) is a popular tourist destination, as well as Alpine Lake (11-12 miles) and Preston Country Club (2 Miles) which have golf courses and some home development. A new development project - LG electronics - is coming to Morgantown and Huntington investing $700M and bringing 275 high-skilled jobs. Furthermore, with all utilities readily available on site and favorable seller financing and ground lease options, the possibilities are endless. The property is suitable for variety of uses: retail, office, restaurants, banks, hotels, multifamily. Due to the proximity to the hospital, the site is especially suitable for medical uses such as assisted living or nursing home.
Additional Properties
Property Other Use
  • Perfect for medical uses due to the proximity to the hospital
Property Highlights
  • 19.13 acres zoned commercial and residential, the largest and mostly leveled parcel in the picturesque city of Kingwood, West Virginia, a part of the Morgantown metropolitan area
  • All utilities are on site: electricity, gas, water and sewer
  • Low real estate taxes, 16% lower cost of living than the national average, friendly local government attracting new developments like Nuco Corporation and LG electronics which will boost local economy and create new jobs
  • Ground lease is also available at 10-year term or longer
  • Near tourist attractions (Deep Creek Lake, The Wisp resort, Alpine Lake and Preston Country Club)
Listing Location
Attached Documents
  • Download | Rt 26_Kingwood_WV_Flyer_FINAL.pdf ( 1,158.08KB)
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