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608 Tunnelton Street [Investment] Marketing Flyer
Located just off S Preston Highway in Kingwood, WV, 608 Tunnelton Street is a 4-unit multifamily building comprised of 1,260 (+/-) square feet on 0.34 (+/-) acre. All units are fully leased month-to-month. The property is located outside the city limits of Kingwood, 0.8 mile from Main Street in Kingwood and Route 7.
Located just off S Preston Highway in Kingwood, WV, 608 Tunnelton Street is a 4-unit multifamily building comprised of 1,260 (+/-) square feet on 0.34 (+/-) acre. All units are fully leased month-to-month. The property is located outside the city limits of Kingwood, 0.8 mile from Main Street in Kingwood and Route 7.
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MARKETING FLYER<br />
<strong>608</strong> TUNNELTON STREET<br />
KINGWOOD, WV 26537<br />
4-UNIT MULTIFAMILY BUILDING
KINGWOOD<br />
MON HEALTH PRESTON MEMORIAL HOSPITAL<br />
<strong>608</strong> TUNNELTON STREET<br />
PRESTON COUNTY SCHOOLS<br />
CENTRAL PRESTON MIDDLE SCHOOL<br />
<strong>608</strong> TUNNELTON STREET<br />
KINGWOOD, WV 26537
TABLE OF CONTENTS<br />
<strong>Investment</strong> Overview<br />
Introduction of the property including building specifications, utilities,<br />
legal description, zoning, parking/access and parcel map.<br />
Building Floor Plans / Photos<br />
Overview of the building including description, floor plan, interior, exterior<br />
and aerial photos.<br />
Demographics / Key Facts<br />
Demographics and key facts pertaining to the property within a three,<br />
five and ten mile radius.<br />
Location Overview<br />
Location overview and detailed description/Google photo of the<br />
property and its proximity to surrounding businesses and locations.<br />
02<br />
04<br />
08<br />
10
PROPERTY OVERVIEW<br />
<strong>608</strong> TUNNELTON STREET<br />
KINGWOOD, WV 26537<br />
SALE PRICE / $145,000<br />
GROSS BUILDING SIZE / 1,260 SQ FT<br />
GROSS LOT SIZE / 0.34 (+/-) ACRE<br />
NUMBER OF UNITS / 4<br />
Located just off S Preston Highway in Kingwood, WV, <strong>608</strong> <strong>Tunnelton</strong><br />
<strong>Street</strong> is a 4-unit multifamily building comprised of 1,260 (+/-) square<br />
feet on 0.34 (+/-) acre. All units are fully leased month-to-month.<br />
The property is located outside the city limits of Kingwood, 0.8 mile from<br />
Main <strong>Street</strong> in Kingwood and Route 7.<br />
02<br />
<strong>608</strong> TUNNELTON STREET • 4-UNIT MULTIFAMILY INVESTMENT • KINGWOOD, WV
BUILDING SPECIFICATIONS<br />
Built 1972, the subject building is comprised of 1,260 (+/-) square feet.<br />
Construction is wood frame on concrete slab. Exterior finishes include<br />
vinyl siding, shingle roof and double hung windows. The building<br />
is divided into four units and one utility room. Each unit is studio style<br />
including a combined bedroom, living area and kitchenette in one room<br />
and a bathroom. Units are separately metered. Natural gas may be available<br />
at the property, but no usage or lines run to the structure at this time.<br />
PARCEL MAP<br />
INGRESS / EGRESS / PARKING<br />
The property offers one point of ingress and egress via <strong>Tunnelton</strong> <strong>Street</strong>.<br />
There is a paved parking lot that surrounds the building giving tenants access<br />
to all sides. The parking lot can comfortably support parking for 6 vehicles.<br />
LEGAL DESCRIPTION / ZONING<br />
Located outside the City Limits of Kingwood, this property is situated within<br />
the Kingwood District of Preston County. The property is comprised of one<br />
parcel identified as Kingwood District, Map 12, Parcel 71 (0.34 acre).<br />
This can be referenced in Deed Book 817, Page 805. See the parcel map<br />
on page 5.This property is not restricted by zoning.<br />
UTILITIES<br />
All public utilities are available to the site.<br />
UTILITY<br />
PROVIDER<br />
Electric<br />
Mon Power<br />
Natural Gas<br />
Mountaineer Gas Company<br />
Water<br />
Kingwood Water Works<br />
Sewer<br />
Kingwood Water Works<br />
Trash<br />
Multiple Providers<br />
Phone/Cable/Internet<br />
Multiple Providers<br />
Detailed financial and lease information is available<br />
upon receipt of executed Confidentiality & Non-<br />
Disclosure Agreement.<br />
Please submit completed CNDA's to Zach Evans at<br />
zevans@blackdiamondrealty.net or contact Black<br />
Diamond Realty at 304.413.4350.<br />
A CNDA can also be forwarded via DocuSign for<br />
electronic signing convenience. You may indicated<br />
that preference via email.<br />
BLACK DIAMOND REALTY 03
FLOOR PLAN<br />
The subject building is single-story and comprised of 1,260 (+/-) square feet.<br />
The building is divided into four units and one utility room. Each unit is studio<br />
style including a combined bedroom, living area and kitchenette in one room<br />
and a bathroom. Units are separately metered. Finishes include drywall walls<br />
and ceilings, a combination of tile, vinyl and carpet flooring, and various light<br />
fixtures throughout.<br />
ENTRANCE<br />
ENTRANCE<br />
UTILITY<br />
UNIT 4-D<br />
UNIT 2-B<br />
UNIT 3-C<br />
UNIT 1-A<br />
ENTRANCE<br />
ENTRANCE<br />
04<br />
<strong>608</strong> TUNNELTON STREET • 4-UNIT MULTIFAMILY INVESTMENT • KINGWOOD, WV
Kitchenette and Dining Area<br />
Kitchenette and Bathroom<br />
Bathroom<br />
View of Entire Unit from Front Door<br />
BLACK DIAMOND REALTY 05
Exterior Front<br />
Aerial Facing South<br />
Exterior Back and Side<br />
Aerial Facing North<br />
06 <strong>608</strong> TUNNELTON STREET • 4-UNIT MULTIFAMILY INVESTMENT • KINGWOOD, WV
MON HEALTH PRESTON MEMORIAL HOSPITAL<br />
PRESTON COUNTY SCHOOLS<br />
CENTRAL PRESTON MIDDLE SCHOOL<br />
HELDRETH MOTEL<br />
<strong>608</strong> TUNNELTON STREET<br />
Aerial Facing East<br />
BLACK DIAMOND REALTY 07
DEMOGRAPHICS / KEY FACTS<br />
3 MILE RADIUS<br />
4,645 249 5,628 $174,003 $32,605 $61,267 -0.26% 2,273<br />
Total<br />
Population<br />
Businesses<br />
Daytime<br />
Population<br />
Median Home<br />
Value<br />
Per Capita<br />
Income<br />
Median<br />
Household<br />
Income<br />
2024-2029<br />
Pop Growth<br />
Rate<br />
Housing<br />
Units (2020)<br />
KEY SPENDING FACTS<br />
$5,000<br />
$4,000<br />
$3,000<br />
$2,000<br />
$2,050<br />
$1,556<br />
$3,007<br />
$1,000<br />
$703<br />
$709<br />
$0<br />
Travel Transportation Apparel Entertainment Furniture<br />
08<br />
<strong>608</strong> TUNNELTON STREET • 4-UNIT MULTIFAMILY INVESTMENT • KINGWOOD, WV
These infographics contain data provided by Esri, Esri and Bureau of Labor Statistics Esri and Data Axle.<br />
The vintage of the data is 2024, 2029. Spending facts are average annual dollar per household.<br />
5 MILE RADIUS 10 MILE RADIUS<br />
6,910 303 7,442 $176,424 20,199 580 17,618 $168,658<br />
Total<br />
Population<br />
Businesses<br />
Daytime<br />
Population<br />
Median Home<br />
Value<br />
Total<br />
Population<br />
Businesses<br />
Daytime<br />
Population<br />
Median Home<br />
Value<br />
$30,218 $56,363 -0.46% 3,307 $31,013 $56,255 -0.21% 9,740<br />
Per Capita<br />
Income<br />
Median<br />
Household<br />
Income<br />
2024-2029<br />
Pop Growth<br />
Rate<br />
Housing Units<br />
(2020)<br />
Per Capita<br />
Income<br />
Median<br />
Household<br />
Income<br />
2024-2029<br />
Pop Growth<br />
Rate<br />
Housing Units<br />
(2020)<br />
KEY SPENDING FACTS<br />
KEY SPENDING FACTS<br />
$3,000 $2,793 $3,000<br />
$2,855<br />
$1,915<br />
$2,000 $1,877<br />
$2,000<br />
$1,428 $1,450<br />
$1,000 $1,000<br />
$635 $661 $650<br />
$675<br />
$0 $0<br />
Travel Transportation Apparel Entertainment Furniture<br />
Travel<br />
Transportation<br />
Apparel<br />
Entertainment<br />
Furniture<br />
BLACK DIAMOND REALTY<br />
09
LOCATION OVERVIEW<br />
LOCATION GROWTH / STATS<br />
Preston County is located in north central West Virginia, bordering Maryland and<br />
Pennsylvania. Its county seat is Kingwood which is in the heart of Preston County,<br />
and offers a small town life in a beautiful mountain community. Preston County’s<br />
picturesque, rural setting is only a short distance to several major metropolitan areas.<br />
Preston County is part of the Morgantown, WV Metropolitan Statistical Area, and is<br />
the southernmost county of the Pittsburgh media market.<br />
Preston County has a total population of 34,694 and a median household income<br />
of $55,712. Total number of businesses is 756.<br />
The City of Kingwood has a total population of 5,660 and a median household<br />
income of $53,121. Total number of businesses is 269.<br />
Data/map provided by Esri, Esri and Bureau of Labor Statistics, Esri and Data Axle, 2023.<br />
Preston County, WV Kingwood City Limits Subject Location<br />
Distance to nearby cities: Fairmont, WV - 35 miles,<br />
Bridgeport, WV - 39 miles, Uniontown, PA - 41 miles,<br />
Clarksburg, WV - 47 miles, Washington, PA - 71 miles,<br />
Pittsburgh, PA - 101 miles, Charleston, WV - 165 miles.<br />
10<br />
<strong>608</strong> TUNNELTON STREET • 4-UNIT MULTIFAMILY INVESTMENT • KINGWOOD, WV
The aerial above highlights several of the most popular<br />
surrounding locations. The subject property, 13189 S<br />
Preston Highway has been referenced with a yellow star.<br />
McDonald’s<br />
Circle K<br />
Dollar General<br />
United States Postal Service<br />
AutoZone Auto Parts<br />
Advance Auto Parts<br />
Clear Mountain Bank<br />
Hardee’s<br />
Burger King<br />
Ace Hardware<br />
Walgreens<br />
Shop ‘n Save, Pizza Hut,<br />
Subway, Tractor Supply Co<br />
Dairy Queen Grill & Chill<br />
Mon Health Preston Memorial Hospital<br />
Preston County Schools<br />
Central Preston Middle School<br />
Heldreth Motel<br />
Mountaineer Contractors Inc<br />
Breezeline<br />
Kingwood Volunteer Fire Depart<br />
Preston County Buckwheat Festival<br />
Matthews International<br />
BLACK DIAMOND REALTY 11
CONTACT<br />
BLACK DIAMOND REALTY<br />
1399 Stewartstown Road, Suite 150<br />
Morgantown, WV 26505<br />
P. 304.413.4350 F. 304.599.3285<br />
BlackDiamondRealty.net<br />
PRIMARY CONTACT<br />
Zach Evans, Associate/Salesperson<br />
M. 304.276.8534<br />
zevans@blackdiamondrealty.net<br />
SECONDARY CONTACT<br />
Caleb Wooldridge, Associate/Salesperson<br />
M. 681.209.6619<br />
cwooldridge@blackdiamondrealty.net<br />
* All information is believed to be accurate but not guaranteed. More information is available upon request.
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