2856 Mountaineer BlvdCharleston, WV 25309

  • Retail properties
  • 1.11 AC
For Lease
$35/SF/YR View listing

Property Details for 2856 Mountaineer Blvd

Lot size
1.11 AC
Property type
Retail properties
Property subtype
Drive through restaurants
APN
20-09- 6E-0009.0003
APU
20096E00090003

Description

This exceptional 3,808-square-foot restaurant property, located at 2856 Mountaineer Blvd in Charleston, West Virginia, presents a unique investment opportunity. Built in 2017, this Class A building sits on a 1.11-acre lot (48,352 square feet) and boasts a single-tenant occupancy. The property features a highly desirable outparcel location with a double-wide drive-thru, a significant advantage for quick-service restaurants or businesses requiring convenient customer access. The building is a single-story structure, offering efficient layout and easy accessibility. Its location within Kanawha County, in the vibrant city of Charleston, WV (zip code 25309), ensures high visibility and potential for strong customer traffic. Previously occupied by a Bojangles restaurant, this space is ready for immediate occupancy by a new tenant, offering a turnkey solution for a variety of food service businesses. The property's size and features make it ideal for a variety of restaurant concepts. This is a rare opportunity to acquire a well-located, high-quality restaurant property in a thriving market. The property's excellent condition and strategic location promise a strong return on investment. Contact us today to learn more about this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,372,399
    6.5%
    $11,420,676
    7%
    $10,604,913
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,397,572
    Geo Method
    $11,397,572
  • Alternative Use

    Use
    Valuation
    Residential
    $9,633,767
    Hospitality
    $8,824,479
    Educational
    $7,341,863
    Medical
    $7,594,361
    Retail
    $11,420,676
2856 Mountaineer Blvd, Charleston, West Virginia

Location Insight

City
Charleston
County
Kanawha
State
West Virginia
Latitude
38.3166
Longitude
-81.7203
CBSA code
16620
CBSA name
CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$21,613
$300,660
$370,980
$671,640
-
$501,100
$618,300
$1,119,400

FAQs

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