109 Capitol StCharleston, WV 25301

Property Details for 109 Capitol St

Lot size

0.17 AC

Property type

Office properties

Property subtype

Office buildings

APN

20-11- 7-0034.500A

APU

201170034500A

Description

This prestigious Class A Charleston, WV office building, the KB&T Center & Renaissance Tower, offers 55,000 square feet of versatile space, ideally situated at 109 Capitol St, 25301. Built in 1920 and renovated in 1995, this eleven-story building boasts multiple suites ranging from 1,563 to 3,428 contiguous square feet, with a total of 11 suites. Currently, 9,000 square feet are vacant. The property features two elevators and offers convenient access to 23 parking spaces (2 per condo for suites 600 and 1000). Located in the heart of downtown Charleston's Central Business District (CBD), the building is near the Kanawha County Library and Historic Downtown Charleston, providing easy access to numerous retail and dining options, including the Charleston Town Center and Charleston General Hospital. Its prime location offers convenient access to I-64, I-77, and I-79, and is only 10 minutes from Yeager Airport. An on-site property manager and controlled-access parking garage enhance security. Suites LL1, 600, and 1000 are available for lease or sale, and will include paint and laminate flooring upgrades with a 5-year lease. The building is zoned for CBD use and caters to various office needs, including executive, medical, creative, and traditional office spaces.

• CAP approach

  CAP return

  Valuation

  6%

  $1,288,983

  6.5%

  $1,189,830

  7%

  $1,104,843

• Comparable approach

  Method

  Valuation

  Relative Method

  $692,664

  Geo Method

  $692,664

• Alternative Use

  Use

  Valuation

  Residential

  $1,475,390

  Hospitality

  $1,351,449

  Educational

  $1,124,390

  Medical

  $1,163,059

  Retail

  $1,749,051

Location Insight

City

Charleston

County

Kanawha

State

West Virginia

Latitude

38.3495

Longitude

-81.6361

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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