305 54Th StCharleston, WV 25304

Property Details for 305 54Th St

Lot size

0.05 AC

Property type

Office properties

Property subtype

Office buildings

APN

20-13- 10-0053.0000

APU

20131000530000

Description

This fee-simple commercial property, located at 305 54th St SE in Charleston, West Virginia, presents a unique investment opportunity. The 2,192 square foot building, constructed in 2000, sits on a 0.05-acre lot and is zoned for commercial use. Currently configured as a daycare and storefront, this Class B property offers excellent flexibility for a variety of uses. The single-story building features one unit and includes a garage capable of housing two vehicles. Its convenient location, just two blocks from a new Sheetz and adjacent to a Jimmy John's, ensures high visibility and accessibility. The property's size and zoning make it ideal for a range of businesses, from retail to professional offices, and its existing daycare setup provides a ready-made infrastructure for a similar operation. The asking price is $225,000, representing a compelling entry point into the Charleston commercial real estate market. The property's strong location and versatile design make it an attractive option for both owner-occupiers and investors seeking a stable, income-generating asset. The 25304 zip code offers easy access to major transportation routes and a thriving local community.

• CAP approach

  CAP return

  Valuation

  6%

  $379,123

  6.5%

  $349,960

  7%

  $324,962

• Comparable approach

  Method

  Valuation

  Relative Method

  $203,730

  Geo Method

  $203,730

• Alternative Use

  Use

  Valuation

  Residential

  $433,950

  Hospitality

  $397,496

  Educational

  $330,712

  Medical

  $342,086

  Retail

  $514,441

Location Insight

City

Charleston

County

Kanawha

State

West Virginia

Latitude

38.3165

Longitude

-81.5721

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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