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Two-Story Brick Building in Vienna

5708 GRAND CENTRAL AVE Vienna, WV 26105

5708 GRAND CENTRAL AVE, Vienna, WV, 26105
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Commercial investment opportunity with renovated lower level and upper apartment.

Property Size2,400 SF
Price / SF$124.17
AddedMay 26
Days on Market51
Last RefreshJul 14 at 5:39 pm

Property Features for 5708 GRAND CENTRAL AVE

General Information

Standard status
Active
Size
2,400 SF
Property subtype
Retail, Multifamily, Office

Building Details

Year Built
1944

Listing office PMC Realty services

Listing date May 26, 2026

Source Crexi

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 PMC Realty services


Investment Insights

Based on property information with market context.

This two-story brick building is located in upper Vienna. The property includes a spacious upper-level apartment featuring 2 bedrooms and 1 bath, equipped with forced air heating and central AC. The lower level has been fully renovated, showcasing modern ceilings, stylish flooring, and fresh paint. The property has 86 feet of frontage on Grand Central Avenue. Separate utilities are available for both units. A new furnace and mini split system have been installed. The property size is 2400 square feet, offering potential for various commercial uses.

Key Highlights

  • Prime upper Vienna location on Grand Central Avenue with 86 feet of frontage.
  • Fully renovated lower level with modern ceilings, stylish flooring, and fresh paint.
  • Two separate units: a commercial lower level and a 2‑bedroom, 1‑bath upper‑level apartment.

Local Financial Insights For Mixed Use

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 $23.9k $9.96
− Vacancy −$2.4k −$1.00
EGI $21.5k $8.96
− OpEx −$8.1k −$3.36
NOI $13.4k $5.60
2,400 SF · lease $9.96/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$192.1K
$168.1K – $224.1K (±1% cap)
NOI $13,446 @ 7.0% cap · market cap 4.51%
Second Best
Multifamily LT 5
$159.7K
$139.8K – $186.3K (±1% cap)
NOI $11,180 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$661.6K
$578.9K – $771.8K (±1% cap)
NOI $46,310 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Hair Salon Restaurant Kitchen & Bath Showroom Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Building Supply

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

FAQs

What type of property is this?
Mixed-use property - Commercial investment opportunity with renovated lower level and upper apartment.
Where is this mixed-use property located?
The property is located at 5708 GRAND CENTRAL AVE Vienna, WV.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Prime upper Vienna location on Grand Central Avenue with 86 feet of frontage.; Fully renovated lower level with modern ceilings, stylish flooring, and fresh paint.; Two separate units: a commercial lower level and a 2‑bedroom, 1‑bath upper‑level apartment.
Contact an agent
(304) 588-2253 Call to check price and availability
More about this property
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