Flex Space with Outdoor
12 Washington Avenue, Huntington, WV 25701
For Sale
$729,000
COMMERCIAL, Huntington, WV
Property Size10,190 SF
Lot Size1.06 Acres
Price / SF$71.54
Days on Market58
Property Features for 12 Washington Avenue
General Information
Property type
Property subtype
Fencing
Lot features
Directions
Subdivision
Standard status
Size
Lot size
Utilities
Heating system
Cooling system
Building Details
Year built
Building materials
Roof type
Listing Agency:
MCGUIRE REALTY COMPANY
(304) 529-6033
Listed By:
Francis McGuire · License WV #0019009
(304) 751-6577
Added: Sep 14
Changed: Oct 13
Last Checked: Nov 10 at 10:06AM
MLS# 184967
Copyright © 2026 Huntington 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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 12 Washington Avenue in Huntington, this flex property spans 8 parcels totaling 1.06 acres. The 10,190-square-foot block-and-concrete building combines office, computer, showroom, kitchen, bathroom, and garage space. Heating is central natural gas, with central air conditioning and a rubber roof; the building dates to 1900.
Three lots are positioned at the front, with four chain-link-fenced storage parcels behind the building. The property is offered for sale and is also available under an NNN lease.
Three lots are positioned at the front, with four chain-link-fenced storage parcels behind the building. The property is offered for sale and is also available under an NNN lease.
Key Highlights
- 10,190‑square‑foot office and warehouse building
- 8 parcels totaling 1.06 acres
- Three front lots and four fenced storage parcels behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,966
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,259,320
$1.3M
Cap Rate 7%
$899,514
$899.5K
Cap Rate 9%
$699,622
$699.6K
Market Conditions
NOI Build-Up for 10,190 SF
Gross rent
$79.5K $7.80/SF
− Vacancy
−$5.4K −$0.53/SF
EGI
$74.1K $7.27/SF
− OpEx
−$11.1K −$1.09/SF
NOI
$63.0K $6.18/SF
Area
Cabell County, WV
Vacancy
6.80%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,259,320
Cap Rate 7%
$899,514
Cap Rate 9%
$699,622
Alternative Uses
Best Use
Warehouse
$899.5K
$787.1K – $1.05M
NOI $62,966 @ 7.0% cap · market cap 8.64%
Second Best
Flex RnD
$840.6K
$735.6K – $980.8K
NOI $58,845 @ 7.0% cap · market cap 8.07%
Theoretical Best
Multifamily LT 5
$6.18M
$5.40M – $7.20M
NOI $432,271 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 25701, WV
22,342
Population
12,388
Households
1.8
Avg Household Size
41
Median Age
38%
College-Educated
89%
High-School Grad
38.9 sq mi
ZIP Area
574
Density / Sq Mi
$51,671
Median Household Income
$32,873
Median Earnings
$869
Median Rent
$153,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Huntington, WV
Properties on Market for Flex space in Huntington
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Vandalia Crowd House — 833 3rd Ave Rear, Huntington, WV 25701
Frequently Asked Questions
What type of property is this?
Flex space - Office, showroom, warehouse, and fenced outdoor areas offer a combined indoor and exterior commercial footprint.
Where is this flex space located?
The property is located at 12 Washington Avenue Huntington, WV.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: 10,190‑square‑foot office and warehouse building; 8 parcels totaling 1.06 acres; Three front lots and four fenced storage parcels behind the building
