403 Neville Street, Beckley, WV 25801
Raleigh County
Key Facts
Description
Prime commercial opportunity in the heart of Beckley. Just steps from WVU Tech, this beautifully renovated 8,808 sq ft landmark blends timeless craftsmanship with modern functionality, supported by an impressive $3.1 million investment from the seller. The result is an exceptional platform for entertainment, hospitality, office, or mixed-use commercial ventures. The main level features a fully equipped theater with stadium-style seating, professional lighting and sound, acoustic paneling, sculpted overhead baffles, and a grand stage framed by rich millwork. A welcoming lobby with concession counter and built-in cabinetry enhances guest flow and supports events such as film screenings, live performances, lectures, private functions, and community gatherings. The lower level showcases a warm, inviting Tavern complete with a full hardwood bar, booth seating, a functional commercial kitchen, and an outdoor patio, making it ideal for restaurant or lounge operations that complement the theater above. Upstairs, you'll find expansive office space, multiple dressing rooms, and additional restrooms, offering flexibility for coworking, boutique lodging, creative studios, administrative use, or hybrid commercial development. The property also benefits from a stable lease with the City of Beckley, generating $36,000 annually, with the city also paying all of their own utilities, creating dependable income, minimal overhead, and long-term financial upside for the owner. Modern upgrades, historic charm, and a high-visibility location combine to create lasting value and broad
Property Information
Property Type
Commercial Sale
Year Built
1925
Living Area
8,808 sq ft
Lot Size
0.08 acres
Days on Market
85
MLS® Listing#
93312
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Roof
Windows
Security
Community
Utilities
Sewer
Financial Details
Parcel Number
24/41
Directions
From Beckley take Robert C. Byrd Dr. turn onto Neville St. Pass new Parking Garage & stop light. Building on the left. No sign. You will see Marquee
Affordability Calculator
$250,000
Estimated monthly payment
$6,653/mo
Principal $1,000,000 · Est. interest $1,395,089 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Beckley, WV
- 72
- Median Days on Market
- 1,680
- Median Sq Ft
- $110
- Median Price / Sq Ft
- 148
- Active Listings
- Its price per sq ft is 29% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Beckley, WV.
Location
Points of Interest in Beckley, WV
Showing the Beckley area map.
Nearby Schools
Park Middle School
Secondary · 0.3 mi away
Daniels Elementary School
Elementary · 0.6 mi away
Hollywood Elementary School
Elementary · 0.6 mi away
St Francis de Sales School
School · 0.6 mi away
Beckley Sda Elementary School
Elementary · 0.9 mi away
Mabscott Elementary School
Elementary · 0.9 mi away
Stratton Elementary School
Elementary · 1.2 mi away
Crescent Elementary School
Elementary · 1.3 mi away
Hollywood Elementary School
Elementary · 1.8 mi away
Beckley Elementary School
Elementary · 2.0 mi away
New River Community and Technical College
School · 2.0 mi away
Woodrow Wilson High School
Secondary · 2.1 mi away
Woodrow Wilson Auditorium
School · 2.1 mi away
Maxwell Hill Elementary
Elementary · 2.2 mi away
Mt Tabor Christian School
School · 2.5 mi away
Cranberry Prosperity Elementary
Elementary · 3.1 mi away
Stanaford Elementary School
Elementary · 3.2 mi away
Greater Beckley Christian School
School · 4.1 mi away
Mountaineer Mine Safety
Secondary · 4.3 mi away
Victory Baptist Academy
School · 4.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Neville Street, Beckley, WV | $907,500 | — | — | 14,622 |
| 328 Neville Street, Beckley, WV | $907,500 | — | 8 | 14,622 |
| 3049 Robert C. Byrd Dr., Beckley, WV | $950,000 | — | 6 | 8,104 |
| Robert C. Byrd Dr., Beckley, WV | $950,000 | — | — | 8,104 |
| 353 Ragland Rd, Beckley, WV | $1,499,900 | — | 3 | 7,595 |
| Ragland Rd, Beckley, WV | $1,499,900 | — | — | 7,595 |
Moving Cost Estimate
EXIT Agents in Beckley
Listing Courtesy: ARMES REAL ESTATE & LAND COMPANY INC. - 6812385495, armesrealestate@outlook.com