Renovated Office Building with
For Sale
Contact for pricing
100 Kanawha Blvd W, Charleston, WV 25302
Two-story commercial office building with excellent visibility and strong tenant mix.
Property Size14,000 SF
Price / SF$121.43
Days on Market952
Property Features for 100 Kanawha Blvd W
General Information
Standard status
Active
Size
14,000 SF
Class
B
Property subtype
Office
Zoning
C-8
Occupancy
100%
Building Details
Year Built
1977
Year Renovated
2022
Buildings
1
Stories
2
Listing Agency:
Goldman Associates Inc
Listed By:
Jay Goldman · License #WV WV0013744
(304) 343-5695
Source:
Crexi
Added: Feb 27, 2024
Changed: Oct 2
Last Checked: Oct 5 at 5:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Goldman Associates Inc
Investment Insights
Based on property information with market context.
Located on the north side of Kanawha Boulevard, this two-story commercial office building offers excellent visibility from both the Boulevard and Interstate 64. The property is situated across from Magic Island. The building, approximately 45 years old, contains 14,000 square feet and has been recently renovated. Elevator access is available. Onsite parking accommodates 47 vehicles, and the property benefits from access via three public streets. The office building is 100% leased, with a tenant mix that includes law firms, a dentist office, and an insurance agency. The office provides great views.
Key Highlights
- Excellent visibility from Kanawha Boulevard and Interstate 64.
- Onsite parking for 47 vehicles with access from three public streets.
- 100% leased with a diverse tenant mix.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,420
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,948,400
$2.9M
Cap Rate 7%
$2,106,000
$2.1M
Cap Rate 9%
$1,638,000
$1.6M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$252.0K $18.00/SF
− Vacancy
−$55.4K −$3.96/SF
EGI
$196.6K $14.04/SF
− OpEx
−$49.1K −$3.51/SF
NOI
$147.4K $10.53/SF
Area
Kanawha County, WV
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,948,400
Cap Rate 7%
$2,106,000
Cap Rate 9%
$1,638,000
Alternative Uses
Best Use
Office B
$2.11M
$1.84M – $2.46M
NOI $147,420 @ 7.0% cap · market cap 8.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $216,115 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,859
Businesses Nearby
Explore this area
Business Placement
Demographics for 25302, WV
14,307
Population
7,676
Households
1.9
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
12.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$55,525
Median Household Income
$33,488
Median Earnings
$875
Median Rent
$148,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story commercial office building with excellent visibility and strong tenant mix.
Where is this office building located?
The property is located at 100 Kanawha Blvd W Charleston, WV.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Excellent visibility from Kanawha Boulevard and Interstate 64.; Onsite parking for 47 vehicles with access from three public streets.; 100% leased with a diverse tenant mix.
