Office Building with Open
400 Parkway Road, South Charleston, WV 25309
For Sale
$1,240,000
CommercialSale, South Charleston, WV
Property Size6,243 SF
Lot Size2.35 Acres
Price / SF$198.62
Days on Market569
Property Features for 400 Parkway Road
General Information
Property type
Property subtype
Zoning description
Parking features
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
kitchen
generator
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Old Colony
(304) 757-3434
Listed By:
Drema Davis · License WV #0020927
(304) 741-1400
Added: Apr 21, 2025
Changed: Oct 24
Last Checked: Nov 10 at 12:06AM
MLS# 277813
Copyright © 2026 Kanawha Valley 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.
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Investment Insights
Based on property information with market context.
Constructed in 1995, this 6,243-square-foot office building occupies 2.35 acres and is built with brick and drywall. The interior includes multiple office rooms, a kitchen, and a substantial open area with high ceilings. Carpet flooring, forced-air electric heat, and central electric air conditioning serve the building. Updates have been completed within the last 5 years.
The property is located along the Southridge Corridor G in South Charleston, beside Cabellas and near multiple restaurants and shops. Off-street parking is provided, with public water and public sewer serving the site. A large generator is installed to operate the building’s full electric load during a power loss.
The property is located along the Southridge Corridor G in South Charleston, beside Cabellas and near multiple restaurants and shops. Off-street parking is provided, with public water and public sewer serving the site. A large generator is installed to operate the building’s full electric load during a power loss.
Key Highlights
- 6,243‑square‑foot office building on 2.35 acres
- Multiple office rooms plus kitchen and large open room with high ceilings
- Updates completed within the last 5 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,739
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,314,780
$1.3M
Cap Rate 7%
$939,129
$939.1K
Cap Rate 9%
$730,433
$730.4K
Market Conditions
NOI Build-Up for 6,243 SF
Gross rent
$112.4K $18.00/SF
− Vacancy
−$24.7K −$3.96/SF
EGI
$87.7K $14.04/SF
− OpEx
−$21.9K −$3.51/SF
NOI
$65.7K $10.53/SF
Area
Kanawha County, WV
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,314,780
Cap Rate 7%
$939,129
Cap Rate 9%
$730,433
Alternative Uses
Best Use
Office B
$939.1K
$821.7K – $1.10M
NOI $65,739 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,372 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
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Business Placement
Demographics for 25309, WV
13,146
Population
5,867
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
31.1 sq mi
ZIP Area
423
Density / Sq Mi
$52,920
Median Household Income
$40,732
Median Earnings
$767
Median Rent
$142,700
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Kanawha County, WV
Properties on Market for Office buildings in Kanawha County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Brick office property with multiple rooms, a kitchen, central air, and a standby generator on a 2.35-acre site.
Where is this office building located?
The property is located at 400 Parkway Road South Charleston, WV.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: 6,243‑square‑foot office building on 2.35 acres; Multiple office rooms plus kitchen and large open room with high ceilings; Updates completed within the last 5 years
