One-Story Office and Medical
For Sale
$625,000
4803 Kentucky St, South Charleston, WV 25309
Versatile one-story building with on-site parking near Thomas Memorial Hospital for office, medical, or retail.
Property Size2,350 SF
Price / SF$265.96
Days on Market516
Property Features for 4803 Kentucky St
General Information
Standard status
Active
Size
2,350 SF
Taxes and HOA fees
Annual Taxes
$6,118
Building Details
Stories
1
Listing Agency:
Old Colony
(304) 344-2581
Listed By:
Margo H. Teeter · License #0009192
(304) 419-1919
Source:
Exprealty
Added: May 29, 2025
Changed: Oct 25
Last Checked: Oct 24 at 10:11PM
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 Old Colony
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Investment Insights
Based on property information with market context.
This one-story block building provides approximately 2,500 square feet of flexible space designed to support office, medical, or retail use. The property is configured as a single-level facility, making it straightforward for everyday customer or patient access and for day-to-day operations.
Located at 4803 Kentucky St in South Charleston, WV, the building is positioned near Thomas Memorial Hospital and close to MacCorkle Avenue and other local conveniences. On-site parking is available for added tenant and visitor convenience.
With its versatile layout and single-level functionality, this property can be a practical fit for owner-operators and tenants seeking a multi-purpose building in South Charleston. The on-site parking and the ability to support office, medical, or retail activities make it well-suited for businesses looking for a ready-to-fit space rather than a specialized facility.
Located at 4803 Kentucky St in South Charleston, WV, the building is positioned near Thomas Memorial Hospital and close to MacCorkle Avenue and other local conveniences. On-site parking is available for added tenant and visitor convenience.
With its versatile layout and single-level functionality, this property can be a practical fit for owner-operators and tenants seeking a multi-purpose building in South Charleston. The on-site parking and the ability to support office, medical, or retail activities make it well-suited for businesses looking for a ready-to-fit space rather than a specialized facility.
Key Highlights
- One‑story commercial building offering approximately 2,500 SF of versatile space
- Suitable for medical, office, or retail use
- Located in South Charleston, WV near Thomas Memorial Hospital
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,746
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,920
$494.9K
Cap Rate 7%
$353,514
$353.5K
Cap Rate 9%
$274,956
$275.0K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$42.3K $18.00/SF
− Vacancy
−$9.3K −$3.96/SF
EGI
$33.0K $14.04/SF
− OpEx
−$8.2K −$3.51/SF
NOI
$24.7K $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%
$494,920
Cap Rate 7%
$353,514
Cap Rate 9%
$274,956
Alternative Uses
Best Use
Office B
$353.5K
$309.3K – $412.4K
NOI $24,746 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.2K
$453.5K – $604.6K
NOI $36,276 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
912
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Versatile one-story building with on-site parking near Thomas Memorial Hospital for office, medical, or retail.
Where is this office building located?
The property is located at 4803 Kentucky St South Charleston, WV.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: One‑story commercial building offering approximately 2,500 SF of versatile space; Suitable for medical, office, or retail use; Located in South Charleston, WV near Thomas Memorial Hospital
