Two-Story Mixed-Use
804/806 Greenbrier Street Charleston, WV 25311
For Sale
$697,000
Two-story mixed-use building with adaptable commercial space on the first floor and flexible space upstairs.
Property Size6,715 SF
Price / SF$103.80
Days on Market136
Property Features for 804/806 Greenbrier Street
General Information
- Standard status
- Active
- Size
- 6,715 SF
Listing Agency:
Old Colony
(304) 549-1803
Listed By:
Judy A. Boggess · License #0006216
(304) 549-1803
Source:
Exprealty
Added: Mar 10
Changed: Jul 23
Last Checked: Jul 23 at 3:28PM
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 two-story mixed-use building offers adaptable commercial office space on the first floor, supported by front windows that bring in natural light and provide strong street presence. The second floor provides flexibility for conversion to office space or residential apartment units, with separate access noted in the offering.
Located on Greenbrier Street in Charleston, WV, the property is described as just minutes from the West Virginia State Capitol Complex and Interstates I64, I77, and I79, with access to a high-traffic corridor leading into downtown Charleston.
Additional highlights mentioned include ample parking and proximity to major employers, government offices, and shopping, supporting a live-work style arrangement.
Located on Greenbrier Street in Charleston, WV, the property is described as just minutes from the West Virginia State Capitol Complex and Interstates I64, I77, and I79, with access to a high-traffic corridor leading into downtown Charleston.
Additional highlights mentioned include ample parking and proximity to major employers, government offices, and shopping, supporting a live-work style arrangement.
Key Highlights
- Two‑story mixed‑use building with adaptable commercial space on the first floor and flexible space upstairs
- First‑floor space set up for adaptable commercial office use with front windows for natural light and street presence
- Upper floor offers potential conversion to apartment units or offices with separate access
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 | $76.6k | $11.40 |
| − Vacancy | −$7.7k | −$1.14 |
| EGI | $68.9k | $10.26 |
| − OpEx | −$25.8k | −$3.85 |
| NOI | $43.1k | $6.41 |
6,715 SF · lease $11.40/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.01M
$883.9K – $1.18M
NOI $70,709 @ 7.0% cap · market cap 10.14%
Second Best
Mixed Use
$615.1K
$538.3K – $717.7K
NOI $43,060 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,658 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Mixed-use property - Two-story mixed-use building with adaptable commercial space on the first floor and flexible space upstairs.
Where is this mixed-use property located?
The property is located at 804/806 Greenbrier Street Charleston, WV.
What is the asking price?
The asking price for this property is $697,000.
What are key features of this property?
This property features: Two‑story mixed‑use building with adaptable commercial space on the first floor and flexible space upstairs; First‑floor space set up for adaptable commercial office use with front windows for natural light and street presence; Upper floor offers potential conversion to apartment units or offices with separate access
