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109 East Main Street, Mannington, WV, 26582

Walgreens

$1,108,989

Key Information

Cap Rate
18%
$ per SF
$96
Tot. SF
11,440
Lot Size
1.07 Acres
Year Built
1999 / 2020 (R)
Type
Retail
NOI
$199,618

Highlights

• Value-Add Investment Opportunity – Upcoming lease expiration provides the opportunity to secure a new tenant or reposition the asset for a higher-value use.
• 11,440 SF on 1.07 Acres – Large single-story retail building with flexible space suitable for retail, medical, fitness, or service users.
• Well-Maintained Infrastructure – Constructed in 1999 with a 2020 roof replacement backed by a 20-year warranty, reducing near-term capital expenditures.
• Existing Retail Features – Includes a drive-thru, pylon signage, security system, and ample parking, supporting a wide range of commercial uses.
• Multiple Exit Strategies – Re-tenant with a national or regional retailer on a new NNN lease or pursue adaptive reuse to maximize long-term value.
• High-Visibility Main Street Location – Approximately 280 feet of frontage on East Main Street offers excellent visibility and accessibility.
• Strong Traffic Exposure – Nearby US-250 (Husky Highway) carries more than 8,000 vehicles per day, driving consistent visibility.
• Downtown Revitalization Underway – Located near the planned restoration of the historic Old Show Building, which will feature a restaurant, micro-theater, and business incubator space.
• Historic Community Investment – Mannington is a Preserve America Community and is listed on the National Register of Historic Places, reflecting continued public and private investment in the downtown corridor.
• Positioned for Future Growth – Ongoing revitalization initiatives are expected to increase economic activity and foot traffic throughout the Main Street district, benefiting surrounding commercial properties.

Photos

Location

Agents

Broker of Record

Brayden Conner

License # WVB250301071, WVB250301071 (WV)
Matthews Real Estate Investment Services, Inc
± 3 Months