32 20 StWheeling, WV 26003

  • Office properties
  • 40,110 SF
For Lease
$17/SF/YR View listing

Property Details for 32 20 St

Year built
1888
Lot size
0.22 AC
Property size (Sq ft)
40,110 SF
Property type
Office properties
Property subtype
Office buildings
APN
35-10- W58-0179.0000
APU
3510W5801790000

Description

The Maxwell Centre, a beautifully restored 1908 building at 32 20th St, Wheeling, WV 26003, offers 2,156 square feet of immediately available office space within a larger 32,000 square foot building. This prime downtown location boasts a stunning lobby featuring ornate marble finishes, high ceilings, restored architectural details, and a dramatic chandelier and marble staircase. The space is part of a multi-tenant building and is offered as a full-service lease, including cleaning. Modern amenities include fire suppression, central heating and air conditioning, and elevator access, ensuring a comfortable and efficient work environment. The building is ADA compliant. While the building itself offers 10 parking spaces, ample street parking and public parking options are readily available in the surrounding area. The lot size is 9,761 square feet. This unique opportunity combines the elegance of a historic building with the convenience of modern features, making it an ideal location for businesses seeking a prestigious and functional office space in the heart of Wheeling. The maximum contiguous space available is 2,156 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,628,004
    6.5%
    $7,041,235
    7%
    $6,538,290
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,751,890
    Geo Method
    $3,751,890
  • Alternative Use

    Use
    Valuation
    Residential
    $8,731,132
    Hospitality
    $7,997,670
    Educational
    $6,653,967
    Medical
    $6,882,808
    Retail
    $10,350,616
32 20 St, Wheeling, West Virginia

Location Insight

City
Wheeling
County
Ohio
State
West Virginia
Latitude
40.0616
Longitude
-80.7227
CBSA code
48540
CBSA name
WHEELING, WV-OH 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
2023
$15,392
$48,300
$469,380
$517,680
-
$80,500
$782,300
$862,800

FAQs

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