Back to Search

Charleston Office Building For Sale

4701 Maccorkle Ave SE, Charleston, WV

View on Map

For Sale

Contact for pricing

Two-story office building in Kanawha City, Charleston.

Type:OFFICE

Property size:

13,635 SF

Lot size:

0.52 Acres

Price / SF:

$117/SF

HighLights

Significant renovations in 2011 and 2021 including updated flooring, lighting, ceiling tile, cosmetic improvements, technological features, safety features and HVAC.
Adaptable to general or medical office space.
Onsite parking for 50 vehicles.
Located at the corner of MacCorkle Avenue and 47th Street in Kanawha City.
Zoned R‑O, Residential Office District.
Two‑story general office building with brick exterior and flat roof.

We can help!

Listing Contact

Todd Goldman

For Sale

Contact for pricing

Two-story office building in Kanawha City, Charleston.

Type:OFFICE

Property size:

13,635 SF

Lot size:

0.52 Acres

Price / SF:

$117/SF

Added:: Oct 17, 2024
Days on Market:: 607
Last Refresh:: Apr 5 at 9:15 pm

Property Features for 4701 Maccorkle Ave SE

General Information

Standard status: Active
Size: 13,635 SF
Lot size: 0.52 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Todd Goldman

Listing agent Todd Goldman License #WV0015391

Listing office Goldman Associates, Inc.

Listing date Oct 17, 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 Goldman Associates, Inc.

HighLights

Significant renovations in 2011 and 2021 including updated flooring, lighting, ceiling tile, cosmetic improvements, technological features, safety features and HVAC.
Adaptable to general or medical office space.
Onsite parking for 50 vehicles.
Located at the corner of MacCorkle Avenue and 47th Street in Kanawha City.
Zoned R‑O, Residential Office District.
Two‑story general office building with brick exterior and flat roof.

Overview

Located at the southeast corner of MacCorkle Avenue and 47th Street in the Kanawha City section of Charleston, this two-story general office building was constructed in 1980. The building, featuring a brick exterior and a flat roof system, offers good quality finishes. Originally a medical office, it was converted to general office space. The property is zoned R-O, Residential Office District, and includes onsite parking for 50 vehicles. Significant renovations were completed in 2011 and 2021, which included updated flooring, lighting, ceiling tile, cosmetic improvements, technological features, safety features and HVAC. These renovations also included some redesign of the building layout. Previously occupied by the State of West Virginia and a private counseling service, the 13,635 square foot building could be adapted to general or medical office space.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$245.4k	$18.00
− Vacancy	−$54.0k	−$3.96
EGI	$191.4k	$14.04
− OpEx	−$47.9k	−$3.51
NOI	$143.6k	$10.53

13,635 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.05M

$1.79M – $2.39M (±1% cap)

NOI $143,577 @ 7.0% cap · market cap 8.97%

Second Best

Healthcare Medical

$1.92M

$1.68M – $2.23M (±1% cap)

NOI $134,093 @ 7.0% cap · market cap 8.38%

Theoretical Best

Office A

$3.01M

$2.63M – $3.51M (±1% cap)

NOI $210,481 @ 7.0% cap · market cap 13.16%

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

Property Profile Location Intelligence

Current Use by Public Records

Pizza Hut Take-out & Catering Trulieve South Charleston ... (Bike/Boat/Book/etc) Store Wise Path Recovery ... Medical Clinic Trulieve Medical Cannabis ... (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Charleston
County: Kanawha
State: West Virginia
Longitude: -81.5817
Latitude: 38.3211

Nearby Similar for Sale

$865,000

6,450 SF

Historic Four-Story Office Building

Historic four-story brick building with large windows, high ceilings, and flexible office layout near downtown Charleston.

1510 Kanawha Boulevard E, Charleston, WV 25311

View Details
$189,000

5,900 SF

Charleston Commercial Building For Sale

Move-in ready commercial building with flexible space and ample parking.

3422 Pennsylvania Avenue, Charleston, WV 25302

View Details
$499,900

8,700 SF

Three-Story Office and Retail Building

Three-story building with basement and elevator servicing all levels, with street and separate upper-level access.

229 Capitol Street, Charleston, WV 25301

View Details
$109,000

4,700 SF

Charleston Commercial Building For Sale

4,700 SF commercial building suitable for various business uses.

7133 Sissonville Drive, Charleston, WV 25320

View Details
$899,000

Former Restaurant Building with Drive-Thru

Freestanding building with drive-thru, ideal for restaurant or retail.

741 W Washington Street, Charleston, WV 25302

View Details
$750,000

Commercial Office Building with Visibility

Two-story office building with easy access and ample parking.

412 Tennessee Avenue, Charleston, WV 25302

View Details
$697,000

6,715 SF

Two-Story Mixed-Use Building

Two-story mixed-use building with flexible first-floor commercial space and a second level that could support offices or apartments.

804/806 Greenbrier Street, Charleston, WV 25311

View Details
$1,200,000

Leased Medical Office Building

100% leased medical office building in a modern masonry structure with convenient interstate access.

4502 MacCorkle Avenue, Charleston, WV 25304

View Details
$799,000

16,000 SF

Versatile Commercial Property in Charleston

Expansive commercial property with prime location and flexible layout.

3324 Pennsylvania Avenue, Charleston, WV 25302

View Details
$850,000

Downtown Two-Story Office Building

Fully renovated office building with private rooms, open work areas, and conference space in downtown Charleston.

16 Capitol Street, Charleston, WV 25301

View Details
$499,000

9,000 SF

Recently Renovated Multi-Use Commercial Building

A renovated commercial building with flexible zoning and two floors accessible from the rear for independent operations.

3624 MacCorkle Avenue SE, Charleston, WV 25304

View Details
$149,000

4,668 SF

Four-Unit Investment Property in Charleston

Four-unit property featuring a mix of apartments and storage.

813 Grant Street, Charleston, WV 25302

View Details

For sale
Office buildings
WV
Charleston
4701 Maccorkle Ave SE

What type of property is this?

Office building - Two-story office building in Kanawha City, Charleston.

Where is this office building located?

The property is located at 4701 Maccorkle Ave SE Charleston, WV.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: Significant renovations in 2011 and 2021 including updated flooring, lighting, ceiling tile, cosmetic improvements, technological features, safety features and HVAC.; Adaptable to general or medical office space.; Onsite parking for 50 vehicles.

4701 Maccorkle Ave SE, Charleston, WV

Two-story office building in Kanawha City, Charleston.

Property Features for 4701 Maccorkle Ave SE

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Historic Four-Story Office Building

Charleston Commercial Building For Sale

Three-Story Office and Retail Building

Charleston Commercial Building For Sale

Former Restaurant Building with Drive-Thru

Commercial Office Building with Visibility

Two-Story Mixed-Use Building

Leased Medical Office Building

Versatile Commercial Property in Charleston

Downtown Two-Story Office Building

Recently Renovated Multi-Use Commercial Building

Four-Unit Investment Property in Charleston

FAQs

Create New Password