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One-Story Office and Medical Building

4803 Kentucky St South Charleston, WV 25309

4803 Kentucky St, South Charleston, WV, 25309
$625,000
For Sale
$625,000

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 Market419

Property Features for 4803 Kentucky St

General Information

Standard status
Active
Size
2,350 SF
Listing agency Old Colony
Listed by Margo H. Teeter · License #0009192
Source Exprealty
Added: May 29, 2025 Updated: Jul 10 at 4:00PM Checked: Jul 19 at 8:59AM

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


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.

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

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $42.3k $18.00
− Vacancy −$9.3k −$3.96
EGI $33.0k $14.04
− OpEx −$8.2k −$3.51
NOI $24.7k $10.53
2,350 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$353.5K
$309.3K – $412.4K (±1% cap)
NOI $24,746 @ 7.0% cap · market cap 3.96%
Second Best
Healthcare Medical
$330.2K
$288.9K – $385.2K (±1% cap)
NOI $23,111 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$518.2K
$453.5K – $604.6K (±1% cap)
NOI $36,276 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Law Firm Gym & Fitness Center HVAC Service Auto Parts Store Spa & Massage Center Cafe & Coffee Shop Garden Center Pharmacy Storage Facility

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

FAQs

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
Contact an agent
More about this property
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