1110-1116 University Avenue Marketing Flyer

1110, 1116 UNIVERSITY AVENUE
MORGANTOWN, WV 26505
FOR SALE
MIXED-USE / OFFICE BUILDING
MARKETING FLYER

1110, 1116 UNIVERSITY AVENUE
SUBJECT BUILDINGS

TABLE OF CONTENTS
Property Overview / Specifications
Introduction of property and specifications of the building, utilities and legal description.
Location and Trend Analysis / Aerial
Detailed description with aerial photo of the location and its proximity to
surrounding businesses and locations.
Floor Plans
Descriptions and floor plans of building 1110.
Interior Photos
Interior photos of the first floor of building 1110.
Interior Photos
Interior photos of the second floor of building 1110.
Exterior Photos
Exterior photos of the building.
Aerial Photos
Aerial photos of the property from various heights and angles.
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304.413.4350
BlackDiamondRealty.net
David Lorenze, Principal
Jeff Stenger, Associate
Chris Waters, Associate
Kim Licciardi, Associate
Caleb Wooldridge, Associate
Jeff Wise, Associate
BUILDING
1110
BUILDING
1116
MIXED-USE / OFFICE BLDG.
FOR SALE
1110, 1116 UNIVERSITY AVENUE
MORGANTOWN, WV 26505
SALE PRICE / $749,000
GROSS BUILDING SIZE / 15,495 SQ FT
BUILDING 1110 / 11,445 SQ FT
BUILDING 1116 / 4,050 SQ FT
LOT SIZE / 0.21 ACRE
TOTAL NUMBER OF BUILDINGS / 2
PROPERTY TYPE / MIXED-USE, OFFICE
PROPERTY FEATURES / HIGHLY VISIBLE,
HIGH FOOT TRAFFIC, WALKING DISTANCE TO
WVU, NEAR SIGNALIZED INTERSECTION
Located along University Avenue with exceptional visibility in Downtown
Morgantown, 1110 is a two-story, 11,445 (+/-) square foot building.
1116 University Avenue is located adjacent to 1110, but is currently
uninhabitable. Building 1110 offers street level access at the front and
back of the building and is located on a corner lot. Take advantage of
this prime opportunity within Downtown Morgantown, steps from
West Virginia University!
The property is located inside the city limits of Morgantown and within walking
distance to many amenities including the West Virginia University main campus, the
PRT, shopping and more. The property is positioned roughly 2.5 miles from I-79, Exit
152, 3.5 miles from I-68, Exit 1, and 5 miles from I-68, Exit 7. Along Beechurst Avenue,
there is a daily traffic count of 20,246 vehicles per day (WVDOH, 2015).
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1110, 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
PROPERTY SPECIFICATIONS
BUILDING SPECIFICATIONS
Built between 1900 and 1920, 1110 University Avenue is a
mixed-use, two-story building comprised of 11,445 (+/-) square
feet. The building has a poured concrete slab foundation and
is constructed of masonry block with a brick veneer exterior.
Within the last few years, a new rubber membrane roof has
been installed. The lower level is climate controlled via two
GFA/CAC units, while the upper level is climate controlled via
three units for a total of five GFA/CAC units. Windows are double
pane, double hung vinyl. Gutters are aluminium and down
spouts are PVC piping. The building is serviced by a three
phase 240 electrical system with three 200 amp sub-panels.
Plumbing is provided by copper and PVC piping. Hot water is
provided by two 75 gallon natural gas hot water tanks. 1116
University Avenue will require renovations or to be torn down.
LEGAL DESCRIPTION
Located inside of City Limits of Morgantown, this property is
situated within the Third Ward District of Monongalia County.
The property consists of two rectangular shaped parcels. The
property is identified as Third Ward District, Map 26A, Parcel
32 (0.14 acre) and Parcel 33 (0.07 acre). This can be referenced
in Deed Book 979, Page 611, and Deed Book 1475,
Page 070. See the parcel map on page 4 for details. This
property is zoned B2, Service Business District.
UTILITIES
This site offers all public utilities, which include the following:
UTILITY
Electric
Natural Gas
Water/Sewer
Trash
Cable/Internet
PROVIDER
Mon Power
Dominion Hope
Morgantown Utility Board (MUB)
Republic
Comcast - Xfinity
PARKING
No off-street parking is currently available at this location.
1116 University Avenue could be torn down and the lot
could be re-purposed into parking.
SUBJECT BUILDINGS
ENTRANCE
UNIVERSITY AVENUE
304.413. 4350
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LOCATION TREND ANALYSIS
Monongalia County lies in north central West Virginia with
Morgantown as the county seat and home of West Virginia
University. WVU is ranked as a Research University (Highest
Research Activity) – R1 – in the 2018 Carnegie Classification of
Institutions of Higher Education. Fall WVU Fall 2020 enrollment
system reached nearly 30,000 students and full-time and parttime
faculty and staff reached nearly 7,800. Education, health
services, professional and business services are all expected to
continue to grow at a particularly high rate.
The Morgantown MSA regularly ranks a variety of lists pointing to
the area’s accomplishments in terms of growth, business development,
workforce cultivation and more. Morgantown’s prominence
in both of the recession-resistant sectors of higher education and
health care employment is one reason for the stability in the area.
The WVU Bureau of Business and Economic Research calls for
“continued healthy growth” well into the future.
1110, 1116 UNIVERSITY AVENUE
Distance to nearby cities: Fairmont, WV - 24 miles, Bridgeport, WV - 38 miles, Washington, PA - 46 miles,
Wheeling, WV - 77 miles, Pittsburgh, PA - 74 miles, Charleston, WV - 160 miles.
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1110, 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
AERIAL PHOTO
The aerial above highlights several
of the most popular surrounding
locations. The subject property,
1110, 1116 University Avenue, has
been referenced with a yellow star.
Walnut PRT Station
Beechurst PRT Station
Mountain Line Bus Stop
Westover Area
Sheetz
Hotel Morgan
Black Bear Burritos
Monongalia Magistrate
Iron Horse Tavern
Huntington Bank
Dollar General
Monongalia County Clerk
Morgantown Area
Partnership
Subway
Lotsa Stone Fired Pizza
Public Safety Center
Morgantown Public Library
Morgantown Municipal Building
Morgantown Farmers Market
BB&T Bank
Panera Bread
CVS
WV Junior College
Downtown Campus Library
Mountainlair
West Virginia University
Main Campus
University Place Housing
State On Campus Housing
Wharf District Parking Garage
Oliverio’s Ristorante
Mountain State Brewing
Adams Legal Group, PLLC
WVU Evansdale Campus
Edward Jones Financial
Advisors, Zen From Within
Fred L. Jenkins Funeral
Home
Monongalia County
Schools
Department of Health and
Human Resources
Child Support
Enforcement Division
304.413. 4350
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MORGANTOWN,
WEST VIRGINIA
Morgantown, WV excelled during The Great Recession primarily due to its strong
economic job base focused on recession-resistant employment opportunities in the
education, healthcare, and government sectors. Morgantown has received national
recognition for its high quality of life and economic stability. Morgantown has been
featured nationally in various media outlets over the past decade for its strong economy.
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1110, 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
STATISTICS AND GROWTH PROJECTIONS
9.8%
POPULATION INCREASE
Monongalia County has seen a 9.8% population increase between 2010 (96,184)
and 2019 (105,612) (Census.gov, 2019).
47,192
TOTAL PEOPLE EMPLOYED
In 2019, Monongalia County employed 47,192 people via 2,340
establishments (Census.gov, 2019).
WVU R1
INSTITUTION
West Virginia University maintains its R1 ranking – very high research activity rank
among the nation’s elite research institutions as reflected in the Carnegie Classification
of Institutions of Higher Education.
$55,940
MEDIAN HOUSEHOLD INCOME
In 2019, Monongalia County had a median household income of
$55,940, ~80% of the average of Unites States ($65,712) and 20%
higher than West Virginia ($48,850) (Censusreporter.org, 2019).
293.3
PEOPLE PER SQ MILE
In 2019, Monongalia County had 293.3 people per square mile which is 74.6%
higher than West Virginia and 32.6% higher than Kanawah County (Charleston, WV)
(Censusreporter.org, 2019).
304.413. 4350
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1110 UNIVERSITY AVENUE - FLOOR PLAN
FIRST FLOOR
The first floor space is comprised of roughly 5,773 (+/-) square
feet. The main entrance is located along University Avenue at
street level. The floor plan consists of an open waiting area,
seven offices, conference room, washer/dryer room, separate
men’s and women’s restrooms, and multiple storage rooms. A
staircase to access the second floor is located at the front and
back of the space.
Finishes to the space include a combination of concrete and
vinyl tile flooring, drywall walls, acoustical tile ceilings and
fluorescent lighting.
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1110, 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
SECOND FLOOR
The second floor space is comprised of roughly 5,772 (+/-)
square feet. The main entrance is located in the alley at the
rear of the building. The floor plan consists three offices, seven
bedrooms, a washer/dryer room, separate men’s and women’s
restrooms, kitchen, pantry, lounge, mechanical room and
multiple storage rooms. A staircase to access the first floor
is located at the front and rear of the space.
Finishes to the space include vinyl tile flooring, drywall walls,
acoustical tile ceilings and fluorescent lighting.
304.413. 4350
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1110 UNIVERSITY - INTERIOR PHOTOS
First Floor Bathrooms.
First Floor Bathrooms.
Storage.
First Floor Bathrooms.
10 1110, 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
First Floor Entrance Open Area.
Stairwell.
First Floor Office.
304.413. 4350
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1110 UNIVERSITY - INTERIOR PHOTOS
Second Floor Lounge.
Second Floor Industrial Kitchen.
12 1110, 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
Pantry/ Storage.
Hallway.
Second Floor Industrial Kitchen.
Washer/Dryer.
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1110 UNIVERSITY - INTERIOR PHOTOS
Second Floor Bedroom.
Second Floor Bedroom.
Second Floor Lounge.
14 1110, 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
Second Floor Bathroom.
Hallway.
Second Floor Bedroom.
Second Floor Bedroom.
304.413. 4350
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EXTERIOR PHOTOS
Back Exterior.
Ramp on Back Exterior.
Front Entrance.
16 1110, 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
Front Exterior of Building.
Front Exterior of Building.
304.413. 4350
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AERIALS
Aerial View Facing Northwest.
18 1110, 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
Aerial View Facing South.
304.413. 4350
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AERIALS
Aerial View Facing North.
20 1110 - 1116 UNIVERSITY AVENUE

FOR SALE
MIXED-USE / OFFICE BUILDINGS - LOCATED WITHIN DOWNTOWN MORGANTOWN
1110, 1116 UNIVERSITY AVENUE · MORGANTOWN, WV 26505 · 15,495 SQ FT · 0.21 ACRE LOT
Aerial View Facing East.
304.413. 4350
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CONTACT
BLACK DIAMOND REALTY LLC
1399 Stewartstown Road, Suite 150
Morgantown, WV 26505
P. 304.413.4350 F. 304.599.3285
BlackDiamondRealty.net
Mark J. Nesselroad, Broker
mjnesselroad@blackdiamondrealty.net
David Lorenze, Principal
dlorenze@blackdiamondrealty.net
Kim Licciardi, Associate
klicciardi@blackdiamondrealty.net
Jeff Stenger, Associate
jstenger@blackdiamondrealty.net
Chris Waters, Associate
cwaters@blackdiamondrealty.net
Caleb Wooldridge, Associate
cwooldridge@blackdiamondrealty.net
Jeff Wise, Associate
jwise@blackdiamondrealty.net
Janelle Zeoli, Senior Designer/Marketing Coordinator
jzeoli@blackdiamondrealty.net
Andrea Cooper, Junior Designer/Office Manager
acooper@blackdiamondrealty.net
* All information is believed to be accurate but not guaranteed. More information is available upon request.