Listing Agency: Goldman Associates, Inc. Show Phone

Listed By: Todd Goldman · License #WV0015391 Show Phone

Source: Moodyscre

Added: Feb 20, 2025 Changed: Aug 19 Last Checked: Aug 20 at 11:06AM

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• Commanding corner location
• Multi‑tenant commercial office building
• Three elevators and two separate lobbies

Property Analytics

Property Profile

Current Use

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

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Home Appliance Store Daycare Center Nursing Home

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

Location Intelligence

Trade Area within ½ mile

3,849

Businesses Nearby

Explore this area Business Placement

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?

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