Drive-Through Restaurant
741 W Washington Street Unit 741 Charleston, WV 25302
741 W Washington Street Unit 741, Charleston, WV, 25302
$999,000
For Sale
$999,000
Stand-alone former fast-food building with drive-thru lane, indoor dining, and dedicated parking on a high-traffic roadway.
Property Size3,078 SF
Price / SF$324.56
Days on Market183
Property Features for 741 W Washington Street Unit 741
General Information
- Standard status
- Active
- Size
- 3,078 SF
- Property subtype
- Retail
Listing agency
Better Homes and Gardens Real Estate Central
(304) 545-6364
Listed by
Christina DiFilippo · License #0027337
(304) 545-6364
Source
Xome
Added: Jan 19 Updated: Jul 21 at 5:34PM Checked: Jul 21 at 5:34PM
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 Better Homes and Gardens Real Estate Central
Investment Insights
Based on property information with market context.
This stand-alone former fast-food restaurant building includes a fully built-out layout with a spacious indoor dining area, service counter, and a drive-thru lane. The property has existing back-of-house infrastructure in place, including a hood system area, plumbing, electrical, and gas lines, along with dedicated prep and storage space. Although commercial kitchen equipment has been removed, the functional floor plan supports efficient customer flow and back-of-house operations. Walk-in cooler and freezer units, restrooms, and other key support areas remain for future customization.
The building is positioned along a high-traffic roadway with easy access and strong visibility, supported by generous on-site parking.
With its existing service configuration, drive-thru lane, and established restaurant-style improvements, the space may be well suited for restaurant or café concepts, as well as retail or multi-use conversion depending on end-user requirements.
The building is positioned along a high-traffic roadway with easy access and strong visibility, supported by generous on-site parking.
With its existing service configuration, drive-thru lane, and established restaurant-style improvements, the space may be well suited for restaurant or café concepts, as well as retail or multi-use conversion depending on end-user requirements.
Key Highlights
- Former fast‑food restaurant building with a fully built‑out layout including indoor dining, service counter, and drive‑thru lane
- On‑site, off‑street parking available with a stand‑alone building positioned along a high‑traffic roadway
- Existing back‑of‑house infrastructure includes hood system area plus plumbing, electrical, and gas lines
Local Financial Insights For Specialty Retail
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 | $46.2k | $15.00 |
| − Vacancy | −$1.9k | −$0.63 |
| EGI | $44.2k | $14.37 |
| − OpEx | −$11.1k | −$3.59 |
| NOI | $33.2k | $10.78 |
3,078 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$473.9K
$414.7K – $552.9K
NOI $33,173 @ 7.0% cap · market cap 3.32%
Second Best
Retail
$424.6K
$371.5K – $495.4K
NOI $29,723 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$678.8K
$593.9K – $791.9K
NOI $47,514 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
KFC
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Stand-alone former fast-food building with drive-thru lane, indoor dining, and dedicated parking on a high-traffic roadway.
Where is this drive through restaurant located?
The property is located at 741 W Washington Street Unit 741 Charleston, WV.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Former fast‑food restaurant building with a fully built‑out layout including indoor dining, service counter, and drive‑thru lane; On‑site, off‑street parking available with a stand‑alone building positioned along a high‑traffic roadway; Existing back‑of‑house infrastructure includes hood system area plus plumbing, electrical, and gas lines
