2330 7Th AveCharleston, WV 25387

Property Details for 2330 7Th Ave

Lot size

0.23 AC

Property type

Retail space

APN

20-10- 86-0021.0000

APU

20108600210000

Description

This exceptional Charleston, WV commercial property presents a unique investment opportunity. Located at 2330 7th Avenue, Unit 2330, this 5,952 square foot office building sits on a 0.23-acre lot. The property comprises two buildings suitable for retail or multi-use purposes. Its prime location on a high-traffic road ensures excellent visibility and accessibility, attracting a substantial customer base. The buildings are being sold "as-is," meaning significant renovations will be required. This presents a blank canvas for a buyer to customize the space to perfectly match their business needs and vision. The asking price is $75,000, offering a potentially lucrative return on investment for a buyer willing to undertake the necessary improvements. The property's size and location make it suitable for a variety of uses, from a single large office space to multiple smaller retail units. The high traffic volume ensures a constant flow of potential customers, making this an ideal location for businesses seeking maximum exposure. This is a rare opportunity to acquire a substantial commercial property in a desirable location at a competitive price. The potential for significant value appreciation after renovation makes this a compelling investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $2,563,680

  6.5%

  $2,366,474

  7%

  $2,197,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,361,687

  Geo Method

  $2,361,687

• Alternative Use

  Use

  Valuation

  Residential

  $1,996,209

  Hospitality

  $1,828,517

  Educational

  $1,521,305

  Medical

  $1,573,625

  Retail

  $2,366,474

Location Insight

City

Charleston

County

Kanawha

State

West Virginia

Latitude

38.3765

Longitude

-81.6747

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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