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    240 Capitol St Charleston, WV 25301

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    For Sale
    $1,850,000

    Multi-tenant office building with modern amenities and immediate occupancy.

    Property size:
    38,640 SF
    Lot size:
    0.13 Acres

    Property Features for 240 Capitol St

    General Information

    Size
    38,640 SF
    Lot size
    0.13 Acres

    Source: Goldman Associates, Inc. Agent Todd Goldman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Six-Story Office Building For Sale

    This is a six-story, multi-tenant commercial office building with a full basement, originally constructed circa 1908. Renovations were completed circa 2001, with additional upgrades in 2022 to accommodate a tenant. The University of Charleston operates its Innovation Hub on the first floor, with classrooms on the second floor. The upper floors are designed for general office space. The building provides modern amenities, three elevators, and two separate lobbies. The property is located on a corner. The building is ready for immediate occupancy. The property size is 38,640 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CommuniCare Management of West ... Nursing Home UC Downtown Innovation ... Education Center

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.6336083
    Latitude
    38.3505388

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    FAQs

    What type of property is this?
    Office building - Multi-tenant office building with modern amenities and immediate occupancy.
    Where is this office building located?
    The property is located at 240 Capitol St Charleston, WV.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Commanding corner location; - Multi-tenant commercial office building; - Three elevators and two separate lobbies
    (304) 343-5695
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    240 Capitol St Charleston, WV 25301
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    Realmo Value Estimation

    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.

    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.

    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
    240 Capitol St Charleston, WV 25301
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