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    Downtown Charleston Mixed-Use Opportunity Title is generated by Realmo AI

    901 Quarrier Street, Charleston, WV 25301

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    For Sale
    $4,295,000

    Mixed Use - Charleston, WV

    Type:Mixed Use
    Property size:
    37,866 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $113/SF
    Added:
    May 22, 2026
    Days on Market:
    2
    Last Refresh:
    May 23 at 7:06 am

    Property Features for 901 Quarrier Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Zoning
    Central Business
    Parking features
    Secured
    Security features
    Security System
    Interior features
    9ft+ Ceiling, rough-in Bath, elevator, living Space Available, security System, sprinkler System
    Exterior features
    Partially Fenced, Dumpster Area, Door Signage, Other
    Fencing
    Fenced, Partial
    Accessibility
    Accessible Elevator Installed
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Refrigerator, Washer
    Standard status
    Active
    Size
    37,866 SF
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    66481

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1911
    Floors in Building
    4
    Number of units
    2
    Flooring type
    Other, Tile, Vinyl, Wood
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    JENNA-RAY MITCHELL

    Listing agent JENNA-RAY MITCHELL License #WVS23030302933

    Listing office THE AGENCY - MORGANTOWN 67 Lakeview Drive, Morgantown, WV

    Listing date May 22, 2026

    MLS# 10165009 Listing URL

    Copyright © 2026 North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime downtown Charleston location with ±29,513 RSF, ideal for owner‑user or investment.
    • Comprehensive gut renovation in 2004, including HVAC, elevator, roof, and sprinkler system.
    • Includes gated on‑site parking and direct adjacency to a City parking garage.
    • Flexible multi‑tenant layout with CAT5e cabling throughout.
    • Features an outdoor terrace and a basement fitness/wellness area with shower facilities.
    • Two parcels included in the sale: 901 Quarrier Street and the adjacent parking lot.

    Overview

    Located in the heart of downtown Charleston, this mixed-use property presents an owner-user or investment opportunity. The property features approximately 29,513 rentable square feet and underwent a comprehensive gut renovation in 2004, including upgrades to the HVAC system, elevator, roof, sprinkler system, and major infrastructure. It offers gated on-site parking and direct adjacency to a city parking garage. The building is wired with CAT5e throughout and has a flexible multi-tenant layout. Additional features include an outdoor terrace and a basement fitness/wellness area with shower facilities. The property has exceptional central business district owner-user potential. The sale includes two parcels: 901 Quarrier Street (Lot 96x92) and the adjacent parking lot at 104-110 Hale St (Lot 70x96). The total property size is 37,866 square feet on a lot of 0.35 acres. The zoning is Central Business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pullin Fowler Flanagan ... Law Firm Chill Nathan J Law Firm Brown Johnnie Law Firm Muldoon Lori S Law Firm Dysart Carrie Law Firm

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.6343127
    Latitude
    38.3491627

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    FAQs

    What type of property is this?
    Mixed-use property - Prime mixed-use property with parking in downtown Charleston.
    Where is this mixed-use property located?
    The property is located at 901 Quarrier Street Charleston, WV.
    What is the asking price?
    The asking price for this property is $4,295,000.
    What are key features of this property?
    This property features: Prime downtown Charleston location with ±29,513 RSF, ideal for owner‑user or investment.; Comprehensive gut renovation in 2004, including HVAC, elevator, roof, and sprinkler system.; Includes gated on‑site parking and direct adjacency to a City parking garage.
    (304) 553-4958
    We can help!
    Listing Contact
    JENNA-RAY MITCHELL
    Real Estate License ID: WVS23030302933
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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