BLANKENSHIP LAW BUILDING In Historic Fayetteville WV

OVERVIEW We are excited to present a unique opportunity in the heart of Fayetteville's Historic District. This property is ideally located just steps from the Fayette County Courthouse. (note: the courthouse was constructed in 1898 and was placed on the National Historic Registry). The central location provides easy access to fine dining, entertainment, museums, banks, shopping, and more. It offers a valuable opportunity for those looking to leverage the growth and vibrancy of the area, with potential for future development. BUILDING HIGHLIGHTS Used as a law office since 1975 2,489 sqft +/- Ten offices, a library, lobby/foyer, three restrooms, break room, mechanical room One story Brick exterior Metal frame, joist, and beam - adding a second story may be possible Rubber Roof Flooring - oak, carpet, linoleum Solid oak doors and casings Crawl space Gas furnace Heat pump/air condition Two dedicated parking spaces Building has been a law office since 1995 LOCATION Google Coordinates: 38.053561(N), -81.104106(W) Address: 25 E. Wiseman Ave, Fayetteville, WV 25840 Elevation: 1838 ft. +/- UTILITIES Water: Public Sewer: Public Electricity: Yes Telephone: Yes Internet: Yes Natural Gas: Yes Cellphone Coverage: Yes ZONING The City of Fayetteville is subject to zoning and subdivision regulations. The property is zoned Commercial. All prospective buyers should consult the City of Fayetteville governmental offices for details regarding zoning and building codes. DEED and TAX INFORMATION Deed Information: Part of DB 659 Pg. 440 Fayette County, West Virginia Acreage: 0.07 acre +/- Real Estate Tax ID/Taxes: Fayette County, West Virginia Fayetteville Corp (5) Tax Map 8 Parcels 56 and 57; Class 4 2025 Total Real Estate Taxes: $3532.58 FAYETTEVILLE - AN IDEAL PLACE TO DO BUSINESS QUESTION: Why will the new owner of the Blankenship Law Building be very successful?? Simply put, Fayetteville is an ideal place to do business. Fayetteville, West Virginia, nestled in the heart of the Appalachian Mountains, is a vibrant community that offers numerous opportunities for entrepreneurs. Whether you're considering launching a retail shop, a restaurant, or a service-based business, Fayetteville's unique blend of natural beauty, community spirit, and burgeoning economy makes it an enticing location for business operations. Here are several compelling reasons why Fayetteville deserves consideration for your next venture. Rich Tourism Potential Fayetteville is famously known as the gateway to the New River Gorge National Park, one of the region's most visited attractions. The park draws outdoor enthusiasts for activities such as whitewater rafting, rock climbing, hiking, and fishing. This constant influx of visitors creates a robust market for various businesses, including hotels, restaurants, outdoor gear shops, and guided adventure services. The potential for profitable revenue streams is heightened by the increasing popularity of ecotourism and adventure tourism. Community Support for Local Business Fayetteville prides itself on its close-knit community and collective support for local businesses. Residents actively seek to shop local, and numerous initiatives are underway to bolster local economies, including farmer's markets, craft fairs, and community events. Engaging with the local community not only fosters relationships but also encourages shared success among businesses. Entrepreneurs will find a supportive network of fellow business owners and residents eager to champion their endeavors. Affordable Cost of Living and Doing Business Compared to larger urban areas, Fayetteville offers a significantly lower cost of living and operating a business. From affordable real estate options to lower utility costs, the financial barriers are less intimidating for startups and small businesses. Entrepreneurs can take advantage of reasonable lease rates for commercial spaces, allowing more funds to be allocated towards growth and development. This financial flexibility provides a solid foundation for building a successful business. Accessibility to Major Markets While Fayetteville has a small-town charm, it is strategically located just a few hours from larger cities like Charleston and Beckley. This proximity provides businesses access to larger markets while maintaining a unique local presence. Entrepreneurs can cater to both regional clients and the vibrant tourism market, leveraging Fayetteville's location to bridge local offerings with broader demand. A Growing Economy and Workforce Fayetteville's economy is on the rise, with increasing investments in infrastructure, education, and community development. There are efforts to attract new businesses and industries, which fosters a dynamic job market. Additionally, the local workforce is eager for employment opportunities, particularly in sectors aligned with Fayetteville's tourism and outdoor recreation appeal. Starting a business in this environment allows entrepreneurs not only to thrive but also to contribute positively to community growth. JUST A FEW TIDBITS The Town of Fayetteville lies adjacent to the New River Gorge National Park and Preserve and is directly south of the New River Gorge Bridge. Fayetteville has been listed many times as one of West Virginia's "BEST SMALL TOWNS". The county seat of Fayette County, Fayetteville was established in 1837 as "Vandalia" and was named for Abraham Vandal, who owned of the land upon which the town was founded. Chartered as Fayetteville in 1883, the town was named in honor the Marquis de LaFayette, a Revolutionary War hero who toured the US in 1824-25. In 1897, the Fayette County Courthouse was completed on part of the original Vandall farm. The Courthouse is a outstanding example of the Romanesque Revival architectural style. The Altamont Hotel was built the same year. Both are listed on the National Register of Historic Places, together with the E. B. Hawkins House. The Fayetteville Historic District was designated in 1990. Fayetteville grew rapidly in the late 19th century thanks mainly to the coal industry, which declined in the late 20th century. Fayetteville's economy now is almost completely based on the tourism industry. Also, the New River Gorge Bridge hosts the annual celebration, "Bridge Day", which is held on the third Saturday of October. The New River Gorge Bridge is the longest arch bridge in the western hemisphere; its creation made traveling on US 19 much easier, turning a 45-minute sojourn from one side of the gorge to the other into a roughly 45-second jaunt. The New River is one of the five oldest major rivers in the world. FOUR SEASON CLIMATE The New River Gorge area sustains a microclimate more typical of warmer and more southerly latitudes, due partly to the sheltering nature of its valley. Though the river may appear like a cool mountain stream, by the time it reaches the gorge it has already traveled more than 300 miles from the summits of the Blue Ridge in North Carolina and has heated over that distance. As its warm microclimate accommodates a longer growing season. Mean annual precipitation in the area is estimated at 37 to 47 inches, mean annual air temperature at 50 to 52 degrees, and its frost-free period at 140 to 170 days.