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Riverfront Mixed-Use Property
New
For Sale
$549,000

1526 Kanawha Blvd E, Charleston, WV 25301

Commercial Sale, Charleston, WV

Property Size4,016 SF
Lot Size0.26 Acres
Price / SF$136.70
Days on Market7

Property Features for 1526 Kanawha Blvd E

General Information

Property type Commercial Sale
Property subtype Other
View River
Standard status Active
APN 20-11-0020-0271-0000
Size 4,016 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9594

Utilities

Water front features River Front
Water front 1

Building Details

Year built 1937
Floors in Building 4
Flooring type Hardwood, Vinyl
Building materials Brick
Roof type Slate
Listing Agency: Joe R. Pyle Complete Auction and Realty Service
Listed By: Taylor B Ramsey
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 6 at 6:06AM
MLS# 12007115

Copyright © 2026 My State MLS. 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.

Designed by Cy Silling in 1937 for the Steiger family, this brick property offers 4,016 square feet across four finished levels on a 0.26-acre parcel. Its riverfront setting is complemented by a slate roof, hardwood flooring, detailed moldings, plaster walls, and Art Deco elements. A circular staircase, three fireplaces, updated systems, and integrated technology are among the interior features. The property also includes a detached two-car garage and off-street parking.

The location is less than four blocks from the West Virginia State Capitol and Downtown Charleston. Professional office use, residential living, or a combination of the two are identified as possible uses. The property is scheduled for public auction ending Thursday, October 22 at 5 PM, with online bidding available.

Key Highlights

  • 4,016 square feet across four finished levels
  • 0.26‑acre riverfront property in Charleston
  • Designed by Cy Silling in 1937 for the Steiger family

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,288
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,760 $845.8K
Cap Rate 7%
$604,114 $604.1K
Cap Rate 9%
$469,867 $469.9K
Market Conditions
NOI Build-Up for 4,016 SF
Gross rent
$72.3K $18.00/SF
− Vacancy
−$15.9K −$3.96/SF
EGI
$56.4K $14.04/SF
− OpEx
−$14.1K −$3.51/SF
NOI
$42.3K $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%
$845,760
Cap Rate 7%
$604,114
Cap Rate 9%
$469,867

Alternative Uses

Best Use
Office B
$604.1K
$528.6K – $704.8K (±1% cap)
NOI $42,288 @ 7.0% cap · market cap 7.70%
Second Best
Mixed Use
$367.9K
$321.9K – $429.2K (±1% cap)
NOI $25,753 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$885.6K
$774.9K – $1.03M (±1% cap)
NOI $61,994 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Beltone Hearing Aid ... Hearing Aid Store George & Lorensen, PLLC Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Florist Cosmetic Store Tanning Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,719
Businesses Nearby

Demographics for 25301, WV

2,908
Population
1,640
Households
1.8
Avg Household Size
47
Median Age
29%
College-Educated
83%
High-School Grad
1.3 sq mi
ZIP Area
2,237
Density / Sq Mi
$21,063
Median Household Income
$28,466
Median Earnings
$488
Median Rent
$188,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four finished levels accommodate professional office use, residential occupancy, or a combination of both.
Where is this mixed-use property located?
The property is located at 1526 Kanawha Blvd E Charleston, WV.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 4,016 square feet across four finished levels; 0.26‑acre riverfront property in Charleston; Designed by Cy Silling in 1937 for the Steiger family
More about this property
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