Mixed-Use Investment Opportunity | Commercial Space + Residential Income | High Visibility Location

Property Overview

📍 Address: 824 20th Street, Huntington, WV

🏷 Asking Price: $140,000

🏢 Property Type: Mixed-Use Commercial / Residential

📐 Lot Size: 0.09 Acres

🏗 Year Built: 1955

🚪 Access: Alley access + rear garage door loading

📈 Investment Type: Value-Add / Income Producing

📊 MLS #: 281646

Property Description

Flexible Commercial Space with Built-In Income Potential

This versatile mixed-use property offers a rare opportunity to combine business operations with residential rental income. The main level provides an open commercial layout suitable for retail, office, garage, warehouse, or light industrial use, while the upper level includes three income-producing apartments plus a fourth unfinished unit ready for completion and added value.

Positioned along a high-traffic Huntington corridor, the property benefits from strong visibility, easy accessibility, and rear alley loading access — ideal for owner-operators or investors seeking multiple revenue streams.

The unfinished unit creates immediate upside through renovation and lease-up, allowing a new owner to increase income and overall asset value.

Investment Highlights

🏢 Mixed-use commercial + residential asset

💰 Three existing rental apartments generating income

🔨 Fourth unit ready for completion (value-add opportunity)

🚚 Rear alley access with garage door loading

📍 High-traffic street exposure

📈 Multiple exit strategies (owner-user, rental, redevelopment)

🧱 Flexible commercial layout

🔁 Portfolio expansion opportunity (additional nearby properties available)

Operator Snapshot

Ideal Buyer Profiles

✅ Owner-operator needing workspace + rental income

✅ Investor seeking low basis multifamily entry

✅ Small contractor or service business owner

✅ Value-add investor completing unfinished unit

✅ Mixed-use portfolio investor

Value-Add Opportunities

• Complete 4th apartment for additional revenue

• Increase rents through light renovations

• Convert commercial space to specialized use

• House-hack model (operate business + live onsite)

• Bundle purchase with nearby rentals (if available)

Projected Operator Income Scenario

(Illustrative Example Only — Not a financial representation or guarantee of performance)

• 3 stabilized apartments producing rental income

• 4th unit added after completion

• Commercial space leased or owner-occupied

• Multiple revenue streams from one asset footprint

Property Class (Investor Classification)

Based on condition, pricing, and value-add profile:

👉 Class C+ Mixed-Use Asset

• Functional structure

• Income present but improvable

• Strong repositioning potential

• Management-driven upside