




2045 University Ave, Morgantown, WV, 26505
About This Home
High-Yield Tri-Unit on University Avenue: Maximize your portfolio with this versatile, income-generating commercial property perfectly positioned for high visibility in Morgantown. This tri-unit building offers an incredible mix of established retail, a high-demand specialty tenant, and massive value-add potential in the lower level. Unit 1: The Superette Currently under a lease at $2,573.43/month. This 1,271 sq. ft. space (31' x 41') provides a consistent anchor for the building’s cash flow. Unit 2: The Dispensary A premier 1,353 sq. ft. retail space (33' x 41') currently leased at $5,536.50/month. This lease features a strategic "future-proof" clause: should recreational cannabis be legalized, the rent automatically adjusts to $8,000.00/month, offering a massive built-in boost to your ROI. Unit 3: The Entertainment Potential (Lower Level) The 1,287 sq. ft. dry, unfinished basement is a blank canvas ready for a bar, arcade, or lounge. Equipped with its own 200-amp service and existing plumbing for a kitchen and bathroom, it is primed for development. Lease Option: The owner is also open to leasing the basement separately for $1,200/month plus pro-rata taxes and insurance—perfect for a startup or satellite location. Whether you are looking for a turnkey investment with guaranteed appreciation or a multi-use space in the heart of the action, this property is a rare find. Schedule your private tour today to see the numbers for yourself!
Getting Around
Schools
Construction
Condition
- Year built: 1964
Materials
- Foundation: Block
- Roof: Rolled/Hot Mop
- Construction materials: Block,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Other
Basement
- Level: Basement
Basement
- Has basement: Yes
- Basement: Unfinished,Concrete,Exterior Entry
Bedrooms & Bathrooms
- Bathrooms: 3
- Full bathrooms: 3
Features
- 9ft+ Ceiling
- Flooring: Wood
- Attic: None
- Finished area below ground: 5
Heating & Cooling
- Heating features: Central,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,911
- Total interior livable area: 3,911 sqft
Property
Details
- Parcel number: 3112002001310000
- Zoning description: General Commercial
Features
- Levels: 1
- Stories: 1
- Exterior features: Lighting
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Lot size: 5,227 sqft
- Features: Other
- Lot size dimensions: Square
Parking
- Total spaces: 3
- Parking features: Off Street,3+ Cars,No Garage
- Has uncovered spaces: Yes
