3779 Lochgelly Rd

Description

THE NEW RIVER COMPANY BUILDING Historic Commercial Redevelopment Opportunity in the New River Gorge Region 3779 Lochgelly Road, Lochgelly, West Virginia 25866** Offered for Sale or Lease Owner Financing Possibilities Exist A LANDMARK PROPERTY WITH A NEW FUTURE Opportunity and history come together at the New River Company Building, a substantial three-story commercial property located near Oak Hill, Fayetteville, Beckley, and the New River Gorge National Park and Preserve. Originally constructed in 1939 as the New River Coal Company Store, this landmark building has served the community for generations. Today, its approximately 12,600 square feet of interior space, multiple entrances, elevator service, abundant parking, and commercial zoning. Rather than being limited to one particular type of business, this property should be viewed as a flexible redevelopment platform suitable for numerous commercial, residential, institutional, hospitality, educational, ministry, and community-oriented uses. IMAGINE THE POSSIBILITIES The size, layout, history, accessibility, and location of the New River Company Building make it worthy of consideration for a wide variety of uses, subject to applicable governmental approvals. Potential uses may include: Historic downtown or community redevelopment project Professional office center Government or public agency offices Educational or workforce training center Assisted living or adult day facility Church, ministry, or denominational headquarters Non-profit organization headquarters Mixed-use redevelopment Upper-floor apartments or lofts with commercial space below Artisan marketplace Business incubator or entrepreneurial center Boutique hotel Hostel or group lodging facility Adventure tourism headquarters Outdoor outfitter offices Climbing, rafting, hiking, or recreation center Retail and office combination Multi-tenant commercial building Community or cultural center The building's former professional and medical configurations demonstrate its adaptability, but its potential extends far beyond its previous use. BUILT TO ENDURE -- READY TO BE REIMAGINED The New River Company Building has a commanding presence. Its brick and block construction, substantial scale, covered front porch, stately columns, three full levels, and long history make it unlike many ordinary commercial properties. Important features include: Approximately 12,600 square feet Three full levels Elevator access serving all floors Multiple exterior entrances Approximately 40 paved private parking spaces Multiple electric and gas meters Modern metal roof Recently upgraded freshwater plumbing Public water and sewer Natural gas Electricity Telephone and high-speed internet availability Commercial zoning Approximately two acres, more or less Frontage on Lochgelly Road and Pemberton Road Additional frontage along Robinson Lane Property located outside Oak Hill city limits Not located in a designated flood zone Easy access to US Route 19 The multiple entrances and separate utility meters may be particularly attractive to an investor considering a multi-tenant configuration, phased redevelopment, or a combination of uses. A PROPERTY WITH A STORY This is not simply another commercial building. The property is closely connected to the industrial heritage of Fayette County and the communities created during West Virginia's coal era. The original Lochgelly company store was destroyed by fire in 1925. In 1939, the New River Coal Company constructed the building that stands today to serve miners and their families. For decades, the building served as an important center of community activity. It was later converted for professional use and continued serving residents of the region. That history provides something that cannot be recreated with new construction: identity, character, recognition, and a genuine connection to the history of southern West Virginia. For a developer interested in historic adaptive reuse, hospitality, tourism, offic