Corner Office
For Sale
Contact for pricing
1800 W KING STREET W #OFFICE, Martinsburg, WV 25401
Well-maintained office property with brick-and-frame construction, dedicated parking, and carpet and hardwood flooring.
Property Size5,160 SF
Lot Size0.41 Acres
Price / SF$0.32
Days on Market49
Property Features for 1800 W KING STREET W #OFFICE
General Information
Standard status
Active
Size
5,160 SF
Lot size
0.41 Acres
Property subtype
Commercial
Additional Details
Public Transit
Yes
Building Details
Year Built
1959
Construction
brick and frame
Listing Agency:
ERA Liberty Realty
(304) 728-2000
Listed By:
James, Jr. V Lopez · License #WV0026922
(304) 671-1555
Source:
Cummingsrealtors
Added: Sep 11
Changed: Oct 29
Last Checked: Oct 28 at 7:22AM
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 ERA Liberty Realty
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Investment Insights
Based on property information with market context.
Constructed in 1959, this office building combines brick and frame construction with a well-maintained interior featuring carpet and hardwood flooring. The property includes a dedicated parking lot and occupies a cleared, level 0.41-acre parcel with unrestricted lot features and year-round access. Its corner position supports direct access and prominent placement within the surrounding business district.
The property is located at 1800 W King Street W in Martinsburg, West Virginia. A bus stop is less than one mile away, while a commuter rail station is within five miles, providing public transportation options for employees, visitors, and clients. The building previously served as the Martinsburg Chamber of Commerce.
The property is located at 1800 W King Street W in Martinsburg, West Virginia. A bus stop is less than one mile away, while a commuter rail station is within five miles, providing public transportation options for employees, visitors, and clients. The building previously served as the Martinsburg Chamber of Commerce.
Key Highlights
- 0.41‑acre cleared and level lot
- Corner location with year‑round access
- 5,160 property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,923
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,460
$998.5K
Cap Rate 7%
$713,186
$713.2K
Cap Rate 9%
$554,700
$554.7K
Market Conditions
NOI Build-Up for 5,160 SF
Gross rent
$77.4K $15.00/SF
− Vacancy
−$10.8K −$2.10/SF
EGI
$66.6K $12.90/SF
− OpEx
−$16.6K −$3.23/SF
NOI
$49.9K $9.68/SF
Area
Berkeley County, WV
Vacancy
14.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,460
Cap Rate 7%
$713,186
Cap Rate 9%
$554,700
Alternative Uses
Best Use
Office B
$713.2K
$624.0K – $832.1K
NOI $49,923 @ 7.0% cap · market cap 2,998.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$934.1K
$817.4K – $1.09M
NOI $65,388 @ 7.0% cap · market cap 3,927.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
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Business Placement
Demographics for 25401, WV
15,086
Population
6,841
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
2,601
Density / Sq Mi
$49,157
Median Household Income
$33,147
Median Earnings
$1,014
Median Rent
$221,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office property with brick-and-frame construction, dedicated parking, and carpet and hardwood flooring.
Where is this office building located?
The property is located at 1800 W KING STREET W #OFFICE Martinsburg, WV.
What are key features of this property?
This property features: 0.41‑acre cleared and level lot; Corner location with year‑round access; 5,160 property size
