1233 Main StWheeling, WV 26003

Property Details for 1233 Main St

Lot size

0.26 AC

Property type

Office properties

Property subtype

Office buildings

APN

35-10-W50D-0008.0001

APU

3510W50D00080001

Description

Century Centre offers prime office space in the heart of downtown Wheeling, West Virginia. This Class C building, constructed in 1985, boasts a total of 31,896 square feet and features multiple suites available for lease. The building currently has 21,143 square feet of vacant space, offering flexible options for businesses of various sizes. Suites range from a minimum of 1,985 square feet to a maximum contiguous space of 8,970 square feet, accommodating a wide spectrum of tenant needs. A full-service gross lease structure is in place, and the landlord is prepared to offer attractive tenant improvement allowances and competitive rental rates to incentivize occupancy. Convenient on-site parking is a significant advantage, with monthly parking leases available for tenants. The building also presents a valuable opportunity for prominent exterior monument signage on Main Street. This exceptional location places tenants within easy walking distance of numerous amenities, including the City/County building, a variety of restaurants and banks, Wesbanco Arena, and Centre Market. Wheeling, the largest city in the Wheeling Metropolitan Statistical Area (MSA), boasts a population of approximately 150,000 and enjoys convenient proximity to Pittsburgh, Pennsylvania, located less than an hour's drive away. Suite layouts are available upon request. This is an excellent opportunity to establish a presence in a vibrant and accessible downtown location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,153,946

  6.5%

  $1,988,258

  7%

  $1,846,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,059,434

  Geo Method

  $1,059,434

• Alternative Use

  Use

  Valuation

  Residential

  $2,465,440

  Hospitality

  $2,258,330

  Educational

  $1,878,904

  Medical

  $1,943,522

  Retail

  $2,922,739

Location Insight

City

Wheeling

County

Ohio

State

West Virginia

Latitude

40.0664

Longitude

-80.7239

CBSA code

48540

CBSA name

WHEELING, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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