Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    300 N Kanawha St Beckley, WV

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office building in downtown Beckley with three tenants.

    Type:OFFICE
    Property size:
    22,436 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $60/SF
    Added:
    Oct 18, 2024
    Days on Market:
    566
    Last Refresh:
    Apr 5 at 10:04 pm

    Property Features for 300 N Kanawha St

    General Information

    Standard status
    Active
    Size
    22,436 SF
    Lot size
    0.23 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Quintie Smith

    Listing agent Quintie Smith

    Listing office Realcorp, LLC

    Listing date Oct 18, 2024

    Source Moodyscre

    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 Realcorp, LLC

    HighLights

    • Fantastic building in downtown Beckley
    • Great parking available
    • 3 tenants in place, providing immediate income
    • Most space is walk‑in ready

    Overview

    Downtown Beckley Office Building

    This is a fantastic office building located in downtown Beckley. The property features three tenants already in place. There is great parking available. Most of the space is walk-in ready. The building has a property size of 22436 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thomas K Patterson ... Law Firm MountainHeart Community Services, ... Charitable Organization Terry Pennington Insurance Insurance Agency Christian Resource Center Church Hospice Rx Network Consultant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beckley
    County
    Raleigh
    State
    West Virginia
    Longitude
    -81.1881
    Latitude
    37.7802

    Nearby Similar for Sale

    • $385,000
      2,028 SF

      High-Visibility Corner Store in Beckley

      Prime commercial property with high visibility and endless potential for growth.
      745 South Kanawha, BECKLEY, WV 25801
      View Details
    • $339,900
      6,036 SF

      Historic Beckley Estate with Distillery

      1900s brick estate with carriage house, ideal for various uses.
      600 S. OAKWOOD AVE., BECKLEY, WV 25801
      View Details
    • $1,499,900
      7,595 SF

      Prime Commercial Office Space

      7,500+ sq ft office space in high-traffic location.
      353 RAGLAND RD, BECKLEY, WV 25801
      View Details
    • $839,900
      14,622 SF

      Updated Office Building in Beckley

      14,622 SF office building in thriving WVU Tech district.
      328 NEVILLE STREET, BECKLEY, WV 25801
      View Details
    • $139,900

      Versatile Commercial Building Near Interstate

      Adaptable commercial building with high visibility and ample parking.
      154 NEPTUNE DR, BECKLEY, WV 25801
      View Details
    • $399,900

      Beckley Three-Story Brick Building

      Spacious building suitable for educational, institutional, or redevelopment.
      205 S. KANAWHA ST., BECKLEY, WV 25801
      View Details
    • $149,900

      Prime Commercial Warehouse For Sale

      High-visibility commercial property with flexible space in high-traffic location.
      201 CITY AVENUE, BECKLEY, WV 25801
      View Details
    • $1,250,000

      Renovated Landmark in Beckley, WV

      8,808 sq ft renovated commercial property near WVU Tech.
      403 NEVILLE STREET, BECKLEY, WV 25801
      View Details
    • $445,000

      Mixed-Use Property in Central Beckley

      Well-maintained mixed-use property with residential and commercial spaces.
      715 NORTH KANAWHA STREET, BECKLEY, WV 25801
      View Details
    • $950,000

      Multi-Tenant Office Building in Beckley

      Well-maintained, three-story office building in Beckley's business corridor.
      3049 ROBERT C. BYRD DR., BECKLEY, WV 25801
      View Details
    • $139,999

      BECKLEY Business Opportunity For Sale

      Commercial building suitable for business or residential use.
      166 George St, BECKLEY, WV 25801
      View Details
    • $1,500,000
      20,000 SF

      Central Ave Mixed-Use Opportunity

      Six buildings with redevelopment potential near Rails to Trails corridor.
      Central Ave, BECKLEY, WV 25801
      View Details

    FAQs

    What type of property is this?
    Office building - Office building in downtown Beckley with three tenants.
    Where is this office building located?
    The property is located at 300 N Kanawha St Beckley, WV.
    What is the asking price?
    The asking price for this property is $1,365,000.
    What are key features of this property?
    This property features: Fantastic building in downtown Beckley; Great parking available; 3 tenants in place, providing immediate income
    (304) 925-7000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Quintie Smith
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    300 N Kanawha St, Beckley, WV
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!