High-Yield Investment Opportunity: Multi-Unit Compound with Unrestricted Zoning Unlock Maximum ROI on 1.59 Unrestricted Acres Positioned in a high-growth corridor, this rare 1.59-acre asset offers a unique income stream potential with no zoning restrictions, perfect for a residential compound, commercial hub, or short/long-term rental portfolio. The Assets include Primary Residence (Value-Add Potential): A spacious 3BD/2BA home featuring high-end granite and custom stone masonry. Investor Bonus: The massive recreation wing has its own entrance and is equipped with existing kitchen and bath, allowing for a minimum amount of effort to convert into a third independent living suite or professional office. Secondary ADU (Income Ready): A modern 1BD + Loft unit with vaulted ceiling and independent laundry. PERFECT FOR LONG-TERM LEASING OR HIGH-DEMAND TRAVEL NURSING/STUDENT HOUSING GIVEN THE PROXIMITY TO WVU. Fleet-Grade Infrastructure: The gravel lot provides ample parking for heavy equipment or commercial fleets, catering to home-based businesses or multiple tenant logistics. Strategic Location & Future Appreciation: 7 Minutes to WVU: CAPTURES THE MASSIVE UNIVERSITY RENTAL/PROFESSIONAL MARKET. Proximity: 10 mins to Mall Rd retail and 15 mins to the airport. Infrastructure Growth: Ideally situated to benefit from the Harmony Grove Interchange (Phase 2). The upcoming River Road exit will significantly increase accessibility and potentially the property valuation. Development & Scale: LOCATED OUTSIDE CITY LIMITS WITH ZERO ZONING RESTRICTIONS, THE FLEXIBILITY FOR MIXED-USE DEVELOPMENT IS UNPARALLELED. FOR INVESTORS SEEKING A LARGER FOOTPRINT, THE ADJACENT PARCEL IS ALSO AVAILABLE, OFFERING A RARE ASSEMBLY OPPORTUNITY FOR A LARGER COMMERCIAL OR RESIDENTIAL PROJECT. Capitalize on this versatile asset before the new interchange is completed. Contact us for a pro-forma discussion or private tour.
Listed By
Agency Name: EXIT Riverbend Realty
Agency Contact: rwyattexit@gmail.com, 304-991-4407
Shown By
Agency Title: Great Move Realty
Agency Phone: (330) 624-9605
Send an email with a link to
1284 River Road, Morgantown, WV 26501.
Contact an agent to learn more about
1284 River Road, Morgantown, WV 26501.
1284 River Road | MLS# 5191559
This multi-family property located at 1284 River Road, Morgantown, WV 26501 is currently listed for sale with an asking price of $490,000. River Road is located within the Monongalia WV City school district. Search Morgantown real estate on www.greatmoverealty.net today.