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3029 E Cumberland Rd, Bluefield, WV, 24701

2beds
3baths
3,120sqft
$229,000
$73price/sqft
$1,763/moest. monthly cost
$70,520/yrincome needed

About This Home

Unlock the potential of this exceptional mixed-use commercial property located on highly traveled East Cumberland Road in Bluefield, West Virginia. For many years, this well known property has operated as a successful restaurant with a residential apartment above, offering multiple income-producing possibilities. The commercial space is ideally suited for a restaurant, retail business, office, or a variety of other ventures. Upstairs, the apartment provides an excellent opportunity for rental income, owner occupancy, or employee housing. One of the property's standout features is its beautiful mountain views, creating a welcoming atmosphere for customers and residents alike. The property also offers ample parking, making it convenient for guests, employees, and tenants. With easy access in and out of the property, customers will appreciate the excellent accessibility and visibility. Whether you're an investor looking to expand your portfolio or an entrepreneur searching for the perfect location to launch or relocate your business, this property offers outstanding flexibility and long term potential.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

5/10
5/10
Bluefield Middle SchoolGrades 6-82.2 mi
1/10
Bluefield High SchoolGrades 9-120.7 mi

Construction

Materials

  • Roof: Shake / Shingle

Type & Style

  • Home type: Unknown

Interior

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Heat pump,Electric,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 3,120 sqft

Property

Details

  • Parcel number: 2803005401220000

Features

  • Exterior features: Shingle,Vinyl,Wood,Brick
  • Has view: Yes
  • View description: City,Mountain

Parking

  • Total spaces: 30
  • Parking features: Off-street

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

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Winter Weather
Inland Flooding
Strong Wind

FEMA Declared Disasters Across West Virginia Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tropical 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 $1,157$13,884
Home Insurance *$192$2,304
Property Taxes $91$1,092
Electricity $323$3,878
Total$1,763$21,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,445/yr
40% on housing$52,890/yr
45% on housing$47,013/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: 4.0%
4.0%
0%30.0%
Electricity Growth Rate10-year average: 8.0%
8.0%
0%15.0%
Property Taxes Growth Rate2-year average: 8.0%
8.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 24701$87
Mercer County$105

vs Homes Sold Last Month

Median $/sqft

ZIP 24701$87
Mercer County$101

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
2026-08-03Listed for sale$229,000
2014-08-22Sold$110,000

For Sale by Owner

AgentProperty Owner

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