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    5304 MacCorkle Avenue SE Charleston, WV 25304

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    Picture of Mixed-use properties at 5304 MacCorkle Avenue SE, Charleston, WV
    For Sale
    $675,000

    SINGLE_FAMILY - Charleston, WV

    Type:Office
    Added:
    Mar 31, 2026
    Days on Market:
    38
    Last Refresh:
    May 7 at 4:06 pm

    Property Features for 5304 MacCorkle Avenue SE

    General Information

    Property type
    Residential
    Property subtype
    Office
    Rooms
    Basement
    Parking features
    Off Street
    Standard status
    Active
    APN
    13-0010-0062-0000-0000

    Taxes and HOA fees

    Tax Description
    Lts 17-18 BK 174 MacCorkle Ave 5302 5304 & 53 Rd St 5 Apts
    Tax Annual Amount
    8653

    Utilities

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

    Building Details

    Flooring type
    Carpet, Tile
    Building materials
    Brick, Drywall
    Roof type
    Rubber

    We can help!

    Listing Contact
    Marlein Habash

    Listing agent Marlein Habash License #0020896

    Listing office RE/MAX Clarity 3520 Teays Valley Road Suite 3, Hurricane, WV

    Listing date Mar 31, 2026

    MLS# 282636

    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.

    HighLights

    • 100% Fully Rented with Gross Income of $139,000/Year
    • Prime Location in the Heart of Kanawha City's Business District on MacCorkle Avenue
    • Multi‑Use Zoning: Commercial, Retail, Office (1st Floor), and 5 Apartments (2nd Floor)
    • All‑Brick Building with 50' Frontage and 150' Depth
    • Plenty of On‑Site Parking
    • Landmark Building on Corner of 53rd Street and MacCorkle Ave

    Overview

    Mixed-Use Building in Kanawha City

    This mixed-use property is located on MacCorkle Avenue in the business district of Kanawha City. The all-brick building, a landmark with 50' frontage and 150' depth, sits on the corner of 53rd Street and MacCorkle Avenue. The property is currently 100% rented with multiple tenants. The building has multi-use zoning, accommodating commercial, retail, and office spaces on the first floor, with five apartments located on the second floor. On-site parking is available. The property generates a gross income of $139,000 per year, making it an investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kanawha Valley Veterinary ... Veterinary Clinic pacific international market Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.579383
    Latitude
    38.31995

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    FAQs

    What type of property is this?
    Mixed-use property - Fully rented mixed-use building in the heart of Kanawha City.
    Where is this mixed-use property located?
    The property is located at 5304 MacCorkle Avenue SE Charleston, WV.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 100% Fully Rented with Gross Income of $139,000/Year; Prime Location in the Heart of Kanawha City's Business District on MacCorkle Avenue; Multi‑Use Zoning: Commercial, Retail, Office (1st Floor), and 5 Apartments (2nd Floor)
    (304) 610-4523
    We can help!
    Listing Contact
    Marlein Habash
    Real Estate License ID: 0020896
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    5304 MacCorkle Avenue SE, Charleston, WV 25304
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