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Office Building with Large Open Area

400 Parkway Road South Charleston, WV 25309

400 Parkway Road, South Charleston, WV, 25309
$1,240,000
For Sale
$1,240,000

SINGLE_FAMILY - South Charleston, WV

Property Size6,243 SF
Lot Size2.35 Acres
Price / SF$198.62
Days on Market459

Property Features for 400 Parkway Road

General Information

Property type
Residential
Property subtype
Office
Parking features
Off Street
Standard status
Active
APN
20-0009-006E-0008-0001
Size
6,243 SF
Lot size
2.35 Acres

Taxes and HOA fees

Tax Description
Lt DSouthridge Centre & Pt 30-88/100BTWN Middle & Trace Cont 2/29/100A
Tax Annual Amount
18027

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1995
Floors in Building
1
Flooring type
Carpet
Building materials
Brick, Drywall
Roof type
Composition, Shingle
Listing agency Old Colony
Listed by Drema Davis · License #0020927
Added: Apr 21, 2025 Updated: Jun 8 at 9:49PM Checked: Jul 23 at 3:06AM
MLS# 277813

Copyright © 2026 Kanawha Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This office building features multiple individual office rooms along with a kitchen. The layout also includes a large, massive open room with high ceilings, offering flexible space for a range of office configurations. Updates were completed within the last five years. A large generator is included to help support full electric operation in the event of a power loss. The property totals 6,243 square feet on a 2.35-acre lot.

The property is positioned beside Cabela’s and is surrounded by multiple restaurants and shops along the Southridge Corridor G in South Charleston, WV.

For buyers seeking an office property that can accommodate more than one function under the same roof, the mix of enclosed rooms and a prominent high-ceiling open area may support a variety of business types. The inclusion of a generator is also a practical consideration for organizations that want continued electrical capability during outages.

Key Highlights

  • Prime location next to Cabela's, restaurants, and shops in Southridge Corridor G.
  • Large, open room with high ceilings.
  • Multiple office rooms and a kitchen.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $112.4k $18.00
− Vacancy −$24.7k −$3.96
EGI $87.7k $14.04
− OpEx −$21.9k −$3.51
NOI $65.7k $10.53
6,243 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$939.1K
$821.7K – $1.10M (±1% cap)
NOI $65,739 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M (±1% cap)
NOI $96,372 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Auto Repair Shop Electrical Service Building Supply Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Law Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Updated office building offers multiple rooms, a kitchen, and a high-ceiling open workspace plus full-time generator.
Where is this office building located?
The property is located at 400 Parkway Road South Charleston, WV.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: Prime location next to Cabela's, restaurants, and shops in Southridge Corridor G.; Large, open room with **high ceilings**.; Multiple office rooms and a kitchen.
Contact an agent
More about this property
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