Looking for an investment property? This old hotel/restaurant would be perfect for a small restaurant and long term apartment rentals or one HUGE home on Main Street! This building has had many uses throughout the years. Everything from a Senior Housing Facility to a Restaurant. Currently, the owner is making single units into double unit apartment rentals that are bringing in $600 per month. (All utilities included) When finished, the owner expects there to be 5-8 double unit apartments. There are several outside covered fire escapes leading to the top floor so tenants don’t have to go through main building. All rentals are on the top floor with the kitchen and dining areas being on the ground floor. The kitchen already come equipped with a commercial grill, 2 deep fryers, stone/oven, 2 metal food prep tables, and food storage shelves making it another stream of income. With approximately 6,000 Sq. Ft., the floor plan possibilities are endless!
Tax Year: 2020 – Taxes: $912
Directions: In Grantsville at the intersection of WV-16 and WV-5, take WV-5 west/Market Street for 0.1 miles and turn Right onto Main Street. Go 0.1 miles and the property is on the Left across the street from Walgreens.
Coordinates: 38.924664, -81.094437