Flexible Warehouse and Office
For Sale
$220,000
303-305 3rd Ave, Huntington, WV 25701
COMMERCIAL, Huntington, WV
Property Size3,672 SF
Lot Size0.32 Acres
Price / SF$59.91
Days on Market645
Property Features for 303-305 3rd Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Chain Link, Gate
Lot features
Level, Corner
Directions
3rd Ave head west to the 300 block, building is on the left.
Subdivision
05 - Central City
Standard status
Active
APN
90,91,92
Lot size
0.32 Acres
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Amenities
kitchenette
full bathroom
half bathroom
Building Details
Year built
1900
Building materials
Metal, Frame
Roof type
Shingle, Metal
Listing Agency:
Century 21 Excellence Realty
(304) 523-2225
Listed By:
Shane Radcliff · License #WVA260040417
(304) 634-5993
Added: Jan 3, 2025
Changed: Oct 8
Last Checked: Oct 10 at 3:06PM
MLS# 180318
Copyright © 2026 Huntington Board of Realtors. 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.
This 3,672-square-foot flex property combines a metal warehouse with office space created from a converted home. The layout includes a kitchenette, one full bathroom, one half bathroom, and a vacant section that can provide additional storage or expansion area. Gated off-street parking supports the existing improvements.
Set on a 0.32-acre corner lot in Huntington, the property features chain-link fencing with a gate, heat-pump heating and cooling, and metal and shingle roofing. The building dates to 1900 and offers a practical mix of production, storage, and administrative space within one commercial property.
Set on a 0.32-acre corner lot in Huntington, the property features chain-link fencing with a gate, heat-pump heating and cooling, and metal and shingle roofing. The building dates to 1900 and offers a practical mix of production, storage, and administrative space within one commercial property.
Key Highlights
- 3,672 SF flex property with warehouse and office components
- Metal warehouse paired with office space converted from a home
- Kitchenette, one full bathroom, and one half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,686
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,720
$373.7K
Cap Rate 7%
$266,943
$266.9K
Cap Rate 9%
$207,622
$207.6K
Market Conditions
NOI Build-Up for 3,672 SF
Gross rent
$28.6K $7.80/SF
− Vacancy
−$1.9K −$0.53/SF
EGI
$26.7K $7.27/SF
− OpEx
−$8.0K −$2.18/SF
NOI
$18.7K $5.09/SF
Area
Cabell County, WV
Vacancy
6.80%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,720
Cap Rate 7%
$266,943
Cap Rate 9%
$207,622
Alternative Uses
Best Use
Office B
$611.7K
$535.2K – $713.6K
NOI $42,817 @ 7.0% cap · market cap 19.46%
Second Best
Warehouse
$324.1K
$283.6K – $378.2K
NOI $22,690 @ 7.0% cap · market cap 10.31%
Theoretical Best
Multifamily LT 5
$2.23M
$1.95M – $2.60M
NOI $155,770 @ 7.0% cap · market cap 70.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,652
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 25701, WV
22,342
Population
12,388
Households
1.8
Avg Household Size
41
Median Age
38%
College-Educated
89%
High-School Grad
38.9 sq mi
ZIP Area
574
Density / Sq Mi
$51,671
Median Household Income
$32,873
Median Earnings
$869
Median Rent
$153,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Vandalia Crowd House — 833 3rd Ave Rear, Huntington, WV 25701
Frequently Asked Questions
What type of property is this?
Flex space - Combined warehouse and office configuration includes gated parking and a kitchenette.
Where is this flex space located?
The property is located at 303-305 3rd Ave Huntington, WV.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 3,672 SF flex property with warehouse and office components; Metal warehouse paired with office space converted from a home; Kitchenette, one full bathroom, and one half bathroom
