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    2335 Chesterfield Ave Charleston, WV 25304

    Sponsored
    For Sale
    $5,500,000

    Prime Medical Office, 40,000 SF, High ROI

    Property size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional three-story Class B medical office building, located at 2335 Chesterfield Ave in Charleston, West Virginia, presents a compelling investment opportunity for both owner-occupants and investors. Boasting 40,000 square feet of space, the property is situated on a generous 3.44-acre lot within the R-10 Mixed Use District, offering significant flexibility and potential for future development. Built in 2007, the building is well-maintained and features ample parking with 57 spaces available. The asking price is $5,500,000, translating to a competitive price per square foot of $137.50. The property currently generates positive cash flow, making it an attractive option for those seeking immediate return on investment. Its prime location in Charleston, within Kanawha County, and its zoning designation provide excellent access to a thriving medical community and diverse range of potential uses. This is an ideal opportunity to acquire a substantial medical office building with existing income streams and significant upside potential. The property's size and location make it suitable for a variety of medical practices or expansion opportunities. With its substantial square footage and ample parking, this property offers a rare combination of size, location, and income potential in the Charleston market. The 25304 zip code ensures convenient access to major transportation routes and local amenities.

    Property Features for 2335 Chesterfield Ave

    General Information

    Property type
    Medical offices
    Square Feet
    40,000 SF
    Class
    B
    Lot Size
    149,846 SF

    Building Details

    Year Built
    2007
    Stories
    3

    HighLights

    • Class B, three‑story medical office building totaling 40,000 square feet.
    • Located on a 3.44‑acre lot in Charleston, WV's R‑10 Mixed Use District.
    • Built in 2007, with 57 parking spaces.
    • Asking price: $5,500,000 ($137.50/SF).
    • Positive cash flow and strong potential for future development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Srinivasan Narasimhan Internist Khan Mohammad Z ... Cardiovascular And Thoracic Surgeon Charleston Medical Clinic Moore Gregory S ... Optometrist Appalachian Eyes LLC Eye Care Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -81.6157361
    Latitude
    38.3307715

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 40,000 SF, High ROI
    Where is this medical office located?
    The property is located at 2335 Chesterfield Ave Charleston, WV.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Class B, three-story medical office building totaling 40,000 square feet.; Located on a 3.44-acre lot in Charleston, WV's R-10 Mixed Use District.; Built in 2007, with 57 parking spaces.
    Request Owner's contact information
    2335 Chesterfield Ave Charleston, WV 25304
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    Charleston, WV 25304
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    2335 Chesterfield Ave Charleston, WV 25304
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