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1011 Speedway, Fairmont, WV 26554$249,900

Sq. Feet: 1,100 Days on Site: 881 MLS#: 10134788 View Map

Comments for 1011 Speedway, Fairmont, WV 26554

MULTIPLE INCOME PROPERTY - 4 adjacent lots, 3 incomes, 2 parking lots, in a PRIME Fairmont location at the corner of East Park Ave & Speedway Ave, across from McDonalds. One building, formerly Kerri's Korner Bookstore, offers loads of office/retail space and parking lot. The 2nd is a move-in-ready 1BR|1BTH rental home. The 3rd, located in back at 1010 Boulevard Ave, formerly a duplex, is now home to Pride & Winter Accounting (rent-back 2yr lease/$1,000mo), which could be restored to a duplex if desired; rental storage building can be remodeled for efficiency apartment; additional land for development as allowed by city code. Daily traffic count apprx 9,000.

Property Type: Commercial - Office Lot Features: Corner
Construction: Frame Parking: Off Street,11-25 Spaces, Paved
Cooling: Central Air Road Frontage: Paved, City Street
Current Use: Business/Res Rental Roof Type: Shingles
Days on Site: 881 Sewer: City Sewer
Electricity: Circuit Breakers,100 Amps Stories: 2.0
Exterior: Frame Units: 3
Exterior Features: Partially Fenced, Other Water: City Water
Heating: Central Heat, Forced Air, Gas Year Built: 1950

Listed By

Agency Name: HERITAGE REAL ESTATE CO.
Agent Name: Heather M. Neill
Agency Phone: (304) 612-3746

Marion County Demographic Information for 1011 Speedway, Fairmont, WV 26554

Fips
Fips Code54049
Population
2020 to 2021 Changedown 0.4%
2010 Count56,418
2020 Count56,205
2021 Estimate56,001
2010 Estimate56,433
Age Distribution (Years Old)
0 to 45.8%
5 to 1720.0%
18 to 6455.3%
65 and Older18.9%
Gender
Male49.6%
Female50.4%
Place of Birth
Foreign1.2%
US98.8%
Education
High School Graduate, Age 25+90.2%
Bachelor's Degree or Higher, Age 25+23.1%
Computer and Internet use
Households with a computer88.6%
Households with a broadband Internet subscription83.4%
Language
English is Second Language, Age 5+1.9%
English is First Language, Age 5+98.1%
Veterans
Veterans4,178
Income
Per Capita Income$27,763
Median Household Income$52,856
People in Poverty13.2%
Commute
Average Work Commute Time25 minutes
Housing
Total Housing Units26,371
Households23,033
Average Household Size2.39
Owner-Occupied74.4%
Multi-Family11.4%
Owner-Occupied Median Value$122,700
Median selected monthly owner costs -with a mortgage$987
Median selected monthly owner costs -without a mortgage$343
Median gross rent$788
Building Permits
New Private Housing Issued 202019
Years at Residence
1 Year or More87.6%
Less Than 1 Year12.4%
Business and Employment
Private non-farm Establishments1,108
Private non-farm Employment14,349
Private non-farm Employment Growthdown 3.7%
Nonemployer Establishments2,585
Number of Firms3,564
Business Production
Value of Shipments$469,505,000
Wholesale Trade$0
Retail Trade$743,189,000
Retail Sales Per Capita$0
Accommodation and Food Services$93,690,000
Land
Land Area308.74 sq. miles
Population Per Square Mile183
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Mortgage Payment Calculation for 1011 Speedway, Fairmont, WV 26554

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $1,121.80 / per month

(Payments are an estimate and may vary by lender)
Heather M. Neill, Broker ABR, CRS, ePRO, GREEN, GRI, LHC, MRP, REI (304) 612-3746
134 Powder House Road
Fairmont, West Virginia 26554

PENNSYLVANIA LICENCES BROKER RB069395
AGENCY RM424931

WEST VIRGINIA LICENSES BROKER WV0028694
AGENCY 004992-00

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