608 Virginia StCharleston, WV 25301

For Sale
$699,000 View listing
  • Retail space
  • 0.11 AC

Property Details for 608 Virginia St

Lot size
0.11 AC
Property type
Retail space
APN
20-11- 7-0024.0000
APU
2011700240000

Description

This exceptional 18,700 square foot office building is ideally situated in downtown Charleston, West Virginia, at 608 Virginia Street, Unit 608. Its prime location offers unparalleled convenience and accessibility, being just one block from Kanawha Boulevard. The property boasts a highly desirable address, placing it in close proximity to vital government institutions including city, county, and federal courthouses. This strategic positioning makes it an attractive option for legal firms, government contractors, or any business requiring easy access to these key locations. The building sits on a 0.11-acre lot, providing ample space for parking or potential future expansion. The asking price for this significant commercial property is $699,000. Given its size, location, and proximity to essential services, this presents a rare opportunity to acquire a substantial and well-positioned office building in the heart of Charleston's bustling downtown area. The property's substantial square footage offers significant flexibility for a variety of business needs and configurations. Serious inquiries are encouraged to explore this compelling investment opportunity further. Detailed floor plans and further information are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,278,898
    6.5%
    $1,180,521
    7%
    $1,096,198
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,178,132
    Geo Method
    $1,178,132
  • Alternative Use

    Use
    Valuation
    Residential
    $995,813
    Hospitality
    $912,160
    Educational
    $758,906
    Medical
    $785,006
    Retail
    $1,180,521
608 Virginia St, Charleston, West Virginia

Location Insight

City
Charleston
County
Kanawha
State
West Virginia
Latitude
38.3504
Longitude
-81.637
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
-
$17,060
$144,430
$161,490
-
$113,700
$938,086
$1,051,786

FAQs

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