×

Classic Auction - Retail

Walmart Shadow Anchored - Former Ryan's Steakhouse

195 Greasy Ridge Road, Princeton, WV 24740

ClosedJune 22nd, 2021
This asset was part of the May 26th 2021 sale event, resulting in a successful transaction that closed in just 27 days.

Ready to sell your asset on the platform with the highest trade rate in the industry?
Get Started Today!
  • Asset Type
  • Real Estate
  • Property Type
  • Retail
  • Land Area
  • 2.19 Acres
  • Year Built
  • 2001
  • Parking Count
  • 137
  • Occupancy
  • 0%
  • Retail Type
  • Freestanding Retail
  • Anchor
  • Shadowed
  • Anchor Tenant(s)
  • Walmart
  • Property Size
  • 10,888 Sq Ft

Walmart Shadow Anchored - Former Ryan's Steakhouse

Investment Highlights:

•          Site visits available on May 17th 10am-2pm EST
•          +/- 10,888 SF former restaurant building on a 2.19 acre parcel
•          Situated in front of a regional Walmart, with other center retailers include Dollar Tree, Med Express, Burke’s Outlet, Cato, and AT&T
•          Bullseye location at center of regional retail trade area
•          Traffic count: 1-77: 25,372 ADT and US Rt 460 14,447 AADT
•          Zoned general commercial permitting a variety of business uses

The Offering:

The Shopping Center Group and Marketplace are pleased to present this 10,888 SF building on a 2.19 acre outparcel, located at the entrance to Walmart and East River Plaza Shopping Center in Princeton, WV (the "Property").  The Property is in a central location easily accessible to I-77 and U.S Rt. 460 and is the regional retail destination for much of southern West Virginia. East River Plaza has a variety of national and regional tenants frequently maintaining 100% occupancy. The Property is on a uniquely large lot which could accommodate a variety of redevelopment uses. The existing building of approximately 10,888 SF was constructed in 2001 and could be redeveloped or razed. This former restaurant building was constructed with various utility upgrades to accommodate a variety of new restaurant operators.  Zoning is general commercial allowing a variety of uses. Princeton, in Mercer County, is a stable & friendly business environment with employers ranging from government, medical, retail, and outdoor recreation sectors. The region has numerous parks, water sport activities on the New River, hunting opportunities, ATV trails, and other outdoor activities.

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

ClosedJune 22nd, 2021
This asset was part of the May 26th 2021 sale event, resulting in a successful transaction that closed in just 27 days.

Ready to sell your asset on the platform with the highest trade rate in the industry?
Get Started Today!

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.

Auctioneer

  • Sherman Hostetter

    c/o Fisher Auction Company Inc.

    Broker No.:WV0002425