2045 University Avenue, Morgantown, WV 26505 (MLS # 10162829)
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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"ā€¯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!
| DAYS ON MARKET | 3 | LAST UPDATED | 6/24/2026 |
|---|---|---|---|
| YEAR BUILT | 1964 | COUNTY | Monongalia |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Suncrest Elementary |
|---|---|
| Jr. High School | Suncrest Middle |
| High School | Morgantown High |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Block, Wood Siding |
| HEAT | Central, Forced Air |
| LOT | 5227 sq ft |
| PARKING | On Street, None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Contemporary |
| TAXES | 6008 |
| WATER | Public |
| ZONING | General Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by JAMES CRAIG, BLUE SKY REALTY, LLC
Data provided by North Central WV Real Estate Information Network, Inc.
IDX information is provided exclusively for consumersā€™ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information last updated on 6/27/26 12:48 PM PDT.
IDX information is provided exclusively for consumersā€™ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information last updated on 6/27/26 12:48 PM PDT.
This IDX solution is (c) Diverse Solutions 2026.