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274 East Ave, Thomas, WV, 26292

3beds
3baths
2,688sqft
$599,000
$223price/sqft
$3,653/moest. monthly cost
$146,120/yrincome needed

About This Home

A rare opportunity in the heart of Thomas, West Virginia, this solid 1940s-era brick building—formerly the American Legion—is the newest and most substantial structure on the block, thoughtfully upgraded and brimming with potential. Designed for versatility, this two-story property easily adapts to a wide range of uses: a restaurant or storefront with additional retail or studio space upstairs, a live/work setup with a business on the first floor and private residence above, a full private residence, or an income-producing short- or long-term rental. The first floor features an expansive open living and dining area that can also accommodate sleeping space, anchored by a chef’s kitchen well-suited for entertaining or commercial use. (Industrial kitchen equipment is negotiable.) Upstairs, you’ll find a comfortable two-bedroom apartment with an updated kitchen, along with access to a private courtyard and the convenience of off-street parking. Located on charming Front Street, you’re just steps from Thomas’s vibrant arts and culture scene—galleries, restaurants, a bakery, coffee shop, and an eclectic live music venue are all within strolling distance. Nearby Davis and the four-season resort community of Canaan Valley expand your backyard into an outdoor enthusiast’s paradise, offering Timberline Mountain, Canaan Valley Ski Resort, and the world-famous White Grass cross-country ski center. Enjoy year-round adventure with endless biking and hiking trails, two state parks, a wildlife refuge, and a nature preserve—all while savoring the character and creativity of small-town mountain living. Whether you’re an entrepreneur, investor, or someone dreaming of a flexible lifestyle property, this one-of-a-kind building delivers location, durability, and limitless potential.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

10/10
Tucker County High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 1946

Materials

  • Foundation: Slab
  • Roof: Rubber
  • Construction materials: Brick,Concrete

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator,Washer,Dryer,Gas Stove Connection
  • Laundry features: Washer Hookup,Washer/Dryer All

Basement

  • Level: Basement

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • 9ft+ Ceiling
  • Window features: Some Window Treatments
  • Flooring: Wood,Vinyl,Concrete
  • Attic: None
  • Finished area below ground: 4

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,688
  • Total interior livable area: 2,688 sqft

Property

Details

  • Parcel number: 4712000200280000
  • Zoning description: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Lighting,Other
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s),Canyon/Valley
  • On waterfront: Yes
  • Waterfront features: River Front

Lot

  • Lot size: 3,484 sqft
  • Features: Level,Zero Lot Line
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 2
  • Parking features: 2 Cars,No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Landslide
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across West Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$178$2,136
Property Taxes $169$2,028
Electricity $278$3,341
Total$3,653$43,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,245/yr
40% on housing$109,590/yr
45% on housing$97,413/yr

West Virginia FAIR Plan Programs

West Virginia Essential Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 260Commercial: 43
Total Premiums$274,000
Total Exposure$30.03M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 8.0%
8.0%
0%15.0%
Property Taxes Growth Rate2-year average: 9.2%
9.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$223This listing

vs Other Active Listings

Avg $/sqft

ZIP 26292$167
Tucker County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 26292
Tucker County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-23Listed for sale$625,000

For Sale by Agent

AgentGERALD JOHNSTON
BrokerageMOUNTAINTOP REALTY, LLC

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