Black Diamond Realty is pleased to announce the
sale of The Towne House Motor Lodge
located at 822 W. Main Street in Bridgeport, WV and
459, 471 Dallas Stree
t in Morgantown, WV.
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Towne House Motel
822 West Main Street, Bridgeport, WV
- 53 room motel building
- 25,500 (+/-) total square feet
- 2.73 acre lot
- Positioned along Route 50 with tremendous visibility
- Property under contract before online auction start date
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Dallas Street Apartments
459, 471 Dallas Street, Morgantown, WV
- Two apartment buildings
- 6 units, 18 beds
- 12 designated parking spaces
- Within walking distance to WVU
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The motel was owned and operated by the Secret Family since 1964. Frank Secret was the last surviving founding family member and came to work every day before passing at the age of 100 in 2017. After Frank’s passing, his son Pete ran the day-to-day operations of the motel while his cousin Anthony took charge of the financial aspect of the business. They ultimately knew the motel had run full circle and it was time to sell. The Secret family engaged the services of Black Diamond Realty to market the property and secure a purchaser. Once on the market, the motel generated a great deal of interest and there were countless showings. The City of Bridgeport ended up purchasing the property and plans on using the 2.73 site for future growth and development.
The Dallas Street property consisted of 6 units (18 beds) and offered off-street parking steps from WVU’s downtown campus. The property was a stabilized cash-flowing asset that offers a value add component. Black Diamond Realty represented the seller and procured the buyer.
If you are looking to sell or purchase a student housing asset, hotel, motel or any other form of commercial real estate, please contact and associate at Black Diamond Realty by calling 304.413.4350 or simply reply to this email.
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The team closed
12 transactions in Quarter 1, 2019
with office and retail taking the lead over all sectors by transaction volume. As is the case most years, market activity has increased greatly leading us to believe Quarters 2, 3 and 4 will be even stronger. Click on the button below to view all Quarter 1, 2019 closed transactions.
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Did you know that Black Diamond Realty
helps clients find space
to
lease
and
buy
by offering
complimentary lease reviews
?
Our
buyer/tenant representation
team will meet with you to discuss your business’s needs, review your lease, weigh buy versus hold options, and strategize what the best move is for you and your company. If you are looking to purchase a new location or
have a lease that expires in the next 14 months
, contact us today and one of our associates will discuss these services with you.
To learn more about our buyer/tenant representation service, click on the button below or call us at
304.413.4350
.
We are here to help and will always take your call.
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Office
1369 Stewartstown Road, Morgantown, WV
- 10,143 (+/-) square foot building
- Two floors with private offices
- Building available for sale or lease
- Large off-street parking lot
- High visibility to major thoroughfare traffic
- Positioned 0.4 mile from Route 705, 2.2 miles to I-68, Exit 7, and 2.3 miles to downtown Morgantown and West Virginia University
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Industrial
1776 Davisson Run Road, Clarksburg, WV
- 4,800 (+/-) square foot building
- 1.6 acre lot
- No zoning restrictions
- New build
- Three (3) 12’ x 14’ overhead doors
- Situated in prime location for commercial users with quick access to Route 50 and I-79, Exit 119.
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Land
3166 Point Marion Road, Morgantown, WV
- 21.24 (+/-) acres of commercial land
- Access from main road (Route 119)
- Close in proximity to Downtown WVU, hospitals, shopping, restaurants and more
- Located 3 miles to I-68, Exit 7 and 10 miles to the I-68/I-79 interchange.
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Land
Cobun Valley Lane, Morgantown, WV
- 34.09 (+/-) acres of commercial land
- Elevated lot offering excellent views of the surrounding area
- Situated just south of the developing areas including University Town Centre, Gateway and West Ridge
- Located 3 miles to Route 119 and 4.7 miles to I-68, Exit 1
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Now Featuring Online Auctions For Your
Commercial Real Estate
Properties
Black Diamond Realty is pleased to offer online auctions for all types of commercial properties. If you are looking for something more than the traditional process of selling commercial real estate, we are ready to assist. Click
HERE
to learn more about our online auction platform.
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We want to make it as easy as possible for our clients to find exactly what they are looking for. Whether for office, industrial, retail, land, or investment, we take pride in all of our offerings and believe each one has something special. Click the images below to see what's new in our inventory and on our online auction platform.
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View All Office Offerings
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View All Industrial Offerings
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View All Investment Offerings
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View All Retail/Restaurant Offerings
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View Current Online Auctions
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“Real Service. Real Value. Real Results.”
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