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Commercial Real Estate for Sale at 701 Division Street in Parkersburg, WV for $1,899,000

Listing data last changed 09/22/2025 - 4:56pm
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701 Division Street | Parkersburg

$1,899,000 | 0.0 Sq. Ft.

Wonderful, local commercial real estate investment opportunity comprised of roughly 30,115 SF of commercial and multifamily space on 1.50 acres (an entire block). This property has been very well maintained by local, hands-on ownership and management since its construction. Some highlights include a 95% occupancy rate, strong leasing history and tenant retention, new roofs on the two multi-tenant buildings, and below market rents (creating NOI upside for the right buyer). See attachments for a site plan, a market aerial, and written descriptions of the individual buildings/properties in this portfolio. Call me to discuss the financial analysis in more detail. MLSNow 5154858 Directions to property: Head south on Division Street, turn left on 7th Avenue, property is on your right.

MLS Listing ID: 
MLSNow 5154858
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,899,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Parkersburg
Address: 
701 Division Street, Parkersburg, WV 26101
County: 
Wood
Latitude: 
39.2522923
Longitude: 
-81.5537066
Directions: 
Head south on Division Street, turn left on 7th Avenue, property is on your right.
Public Remarks: 
Wonderful, local commercial real estate investment opportunity comprised of roughly 30,115 SF of commercial and multifamily space on 1.50 acres (an entire block). This property has been very well maintained by local, hands-on ownership and management since its construction. Some highlights include a 95% occupancy rate, strong leasing history and tenant retention, new roofs on the two multi-tenant buildings, and below market rents (creating NOI upside for the right buyer). See attachments for a site plan, a market aerial, and written descriptions of the individual buildings/properties in this portfolio. Call me to discuss the financial analysis in more detail.
Community Information
School District: 
Wood-Parkersburg South HS
Building Details
Details about the building on a property.
Year Built: 
1979
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric,Gas
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.5
Lot Size (Area): 
1.5
Public Record
Parcel Number: 
05-09-00000015
Annual Tax: 
$23,492.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
PMC Realty Services

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