For Sale
$425,000

109 Charleston Wv Charleston, WV 25301

Class A Office, 3,428 SF, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 3,428 square foot Class A office space, located at 109 Capitol Street, Suite 1000, Charleston, WV 25301, presents a compelling investment opportunity. Situated in a vibrant downtown location, this single-tenant property boasts a desirable traditional office layout, also suitable for medical or executive office uses. Built in 1918 and renovated in 1995, the building offers a blend of historic charm and modern functionality. The property features two assigned parking spaces in an attached executive parking garage, a significant advantage in a bustling downtown area. Its prime location offers easy access to multiple parking garages, diverse retail and dining options, and major attractions including the Charleston Town Center, Charleston Coliseum & Convention Center, and CAMC's Charleston General Hospital campus. This single-floor unit within a mixed-use condominium building offers 3,428 square feet at an asking price of $425,000, resulting in a price per square foot of $90.06 and a pro-forma cap rate of 8.50%. The property sits on a 0.17-acre lot and is ready for occupancy on December 1, 2024. The Kanawha County property features a convenient one-story design. This is a rare opportunity to acquire a well-located, high-performing office space in the heart of Charleston, West Virginia. The APN is 7.

Highlights

  • $425,000 asking price for this Class A office condo.
  • 3,428 square feet, single-tenant occupancy, $90.06/SF.
  • 8.50% pro-forma cap rate.
  • Located at 109 Capitol St, Suite 1000, Charleston, WV 25301.
  • 1-story, 3,428 SF building on a 0.17-acre lot, built in 1918, renovated in 1995.
  • Two assigned parking spaces in an attached garage.

Property Details for 109 Charleston Wv

Property type
Office properties, Medical offices
Square Feet
3,428 SF
Class
A
Year Built/Renovated
1918/1995
Stories
1
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Charleston
County
Kanawha
State
West Virginia
Latitude
38.349724
Longitude
-81.6357496

FAQs

What type of property is this?
Office property - Class A Office, 3,428 SF, High Cap Rate
Where is the office property located?
The property is located at 109 Charleston Wv Charleston, WV.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: $425,000 asking price for this Class A office condo.; 3,428 square feet, single-tenant occupancy, $90.06/SF.; 8.50% pro-forma cap rate.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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109 Charleston Wv
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