771 Main St, Rainelle, WV 25962 (MLS# 26-340)


$399,000
771 Main St
Rainelle, WV 25962
MLS# 26-340
5 baths  |  12000 sqft


Front
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Property Description
3 level commercial + residential building appx 12000sqft 33 rooms in main facility including 4 residential apartments 870sqft with 2 BR 1 BA laundry room and linen closet, open concept LR, DR and KITCHEN, some units ADA shower and some with standard shower/tub Partial updates on units including 2 with floating floors, vinyl and new bathroom fixtures, water heaters, 1 unit with wall water heater unit(#4)total of 5 BA with shower on main floor as well. Each apartment unit equipped with HVAC forced air heating and cooling Main floor has 3 entrances for storefront and maintenance rooms. Fire escape on the 3rd floor with steel structure and covered roof Security bars installed in the apartment entrance hallway partial. Click more.

Details
Documents
Contract Information
Status Change Date: 2026-03-24
Current Price: $399,000
List Price: $399,000
Status: Active
Location, Tax & Legal
Physical City: Rainelle
Zoning: Commercial
Taxes: 1594.6
Tax Year: 2025
Map: 1
Parcel: 244
Deed Book: 573
Page: 789
House Number: 771
Street Name: Main St
State/Province: WV
Postal Code: 25962
County: Greenbrier
Area: Rainelle Corp
General Property Description
Realtor.COM Type: Commercial
Construction Type: Site-built (Stick)
Style: Retail
Lot Acres: 3.17
SqFt. 1 Main: 3700
SqFt. 2 Upper: 3700
SqFt. 3 Lower: 3700
Garage Type: 6 Bays
Total Rooms: 33
Total Bathrooms: 5
Garage Remarks: 6 Bays
Total SqFt.: 12000
Property Remarks
Directions: From Sam Black exit, Drive approx 14miles to Rainelle. Turn R onto 12th Street, Go 300ft, Turn R onto Center St E. 150ft. Or just GPS address.
Hot Sheet Comment: price
Miscellaneous
Road Frontage Feet: 900 from business
Potential Operation: Skies the limit
Ceiling Height: 12'
Appliances: Yes, Apartments
Current Use: Yes; Tenants
Fencing: Yes, Around property
Tenants: 4 Apartments
Restrooms: 5
Elevators: shaft availabe
Business Income: Yes
Parking Spaces: 12
Number Of Buildings: 3
Gross Income: 3600
Exterior
Block: 1
T-1: 1
Wood: 1
Foundation
Block: 1
Roofing
Age of Roof: Approx 30yrs
Shingle: 1
Utilities
Water: City
Sewer: City
Heating
Electric Heat Pump: 1
Stove: 1
Expenses
Insurance Expense: 1600
Electric Expense: 6000
Property Features
Exterior: T-1; Wood; Block
Foundation: Block
Roofing: Shingle
Heating: Electric Heat Pump; Stove
Supplements
but multiple windows for safetySeparate parking area for tenants with 2 spots per apartment unit.Chain link fencing surrounds the main facility but needs completed (components to finish fencing convey) 2 separate entrances with commercial chain link double drive gates. Currently fully occupied 4 apartments,+1 store and additional storage rentals (3) Roof age appx 30yrs, metal roof on other buildings=10-25yrs Water meter by side mailbox at corner Main water shut off on 2nd floor at back wall 2nd floor generally used for extra storage or workshop Several opportunities exist for this facility including recreation, business, storage facility, indoor and outdoor storefront with additional side bays and separate commercial garage with 220v electricity, both open and closed bays for additional storage or income. (metal roof and metal studs construction on all side bays and garage) 40% road frontage and visibility 20% waterfront and visibility Separate open face shed, 4 aggregate bays, 2 electrical connection opportunities throughout the property All 4 apartments have a separate electrical meter Main meter runs upstairs hallway and other levels of operation 1 water and sewer meter runs the entire facility including apartments Property borders a tributary for the Meadow River and has camping access, borders the Rainelle Town Park with a track and baseball fields and has a "put-in and take-out area available behind facility appx 600 yards from back entrance. Meadow River Trailhead is blocks away as is the Rainelle Public Pool, library and shopping

Listing Office: Coldwell Banker Stuart and Watts Real Estate

Last Updated: May - 20 - 2026

The data relating to real estate on this web site comes in part from the Broker Data Sharing Program of the Greenbrier Valley Multiple Listing Service of Greenbrier Valley Board of Realtors.