Mixed-Use Building with
For Sale
Contact for pricing
Pending
1820 Washington Street W, Charleston, WV 25387
Commercial Sale, Charleston, WV
Property Size3,000 SF
Days on Market48
Property Features for 1820 Washington Street W
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Standard status
Pending
APN
12-03-4 & 5
Size
3,000 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2012
Utilities
Heating system
Natural Gas
Building Details
Year built
1955
Listing Agency:
Joe R. Pyle Complete Auction and Realty Service
Listed By:
Joe Pyle
(304) 592-6000
Added: Sep 10
Changed: Oct 20
Last Checked: Oct 27 at 12:06AM
MLS# 11973762
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.
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Investment Insights
Based on property information with market context.
Located at 1820 Washington Street W in Charleston, this 3,000-square-foot mixed-use property was built in 1955 and includes separate residential and commercial components. The upper level contains three bedrooms, one bathroom, a full kitchen, and an open living area. Natural gas heating serves the property.
The ground floor is configured for commercial use, with a lobby, stage, and storage rooms supporting a flexible interior arrangement. The space was previously operated as a convenience shop, while the current layout can accommodate a range of business formats. The property is scheduled for sale through an online public auction.
The ground floor is configured for commercial use, with a lobby, stage, and storage rooms supporting a flexible interior arrangement. The space was previously operated as a convenience shop, while the current layout can accommodate a range of business formats. The property is scheduled for sale through an online public auction.
Key Highlights
- 3,000‑square‑foot mixed‑use property at 1820 Washington Street W, Charleston, WV 25387
- Upper‑level apartment with 3 bedrooms, 1 bathroom, full kitchen, and open living area
- Ground‑floor commercial space includes a lobby, stage, and storage rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,238
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,760
$384.8K
Cap Rate 7%
$274,829
$274.8K
Cap Rate 9%
$213,756
$213.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$34.2K $11.40/SF
− Vacancy
−$3.4K −$1.14/SF
EGI
$30.8K $10.26/SF
− OpEx
−$11.5K −$3.85/SF
NOI
$19.2K $6.41/SF
Area
Kanawha County, WV
Vacancy
10.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,760
Cap Rate 7%
$274,829
Cap Rate 9%
$213,756
Alternative Uses
Best Use
Specialty Retail
$461.9K
$404.2K – $538.9K
NOI $32,333 @ 7.0% cap · market cap 161.67%
Second Best
Retail
$413.9K
$362.1K – $482.8K
NOI $28,970 @ 7.0% cap · market cap 144.85%
Theoretical Best
Office A
$661.6K
$578.9K – $771.8K
NOI $46,310 @ 7.0% cap · market cap 231.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
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Business Placement
Demographics for 25387, WV
5,215
Population
2,904
Households
1.8
Avg Household Size
40
Median Age
16%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
948
Density / Sq Mi
$41,635
Median Household Income
$30,742
Median Earnings
$1,029
Median Rent
$85,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines an upper-floor residence with adaptable commercial space below.
Where is this mixed-use property located?
The property is located at 1820 Washington Street W Charleston, WV.
What are key features of this property?
This property features: 3,000‑square‑foot mixed‑use property at 1820 Washington Street W, Charleston, WV 25387; Upper‑level apartment with 3 bedrooms, 1 bathroom, full kitchen, and open living area; Ground‑floor commercial space includes a lobby, stage, and storage rooms
