Property profile

109 Charleston Wv Charleston, WV 25301

OFF-MARKET
Office Spaces
3,428 SF 0.17 ac lot Built 1918
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Property summary

AI-generated overview

This exceptional 3,428 square foot Class A office space, located at 109 Capitol Street, Suite 1000, Charleston, WV 25301, presents a compelling investment opportunity. Situated in a vibrant downtown location, this single-tenant property boasts a desirable traditional office layout, also suitable for medical or executive office uses. Built in 1918 and renovated in 1995, the building offers a blend of historic charm and modern functionality. The property features two assigned parking spaces in an attached executive parking garage, a significant advantage in a bustling downtown area. Its prime location offers easy access to multiple parking garages, diverse retail and dining options, and major attractions including the Charleston Town Center, Charleston Coliseum & Convention Center, and CAMC's Charleston General Hospital campus. This single-floor unit within a mixed-use condominium building offers 3,428 square feet at an asking price of $425,000, resulting in a price per square foot of $90.06 and a pro-forma cap rate of 8.50%. The property sits on a 0.17-acre lot and is ready for occupancy on December 1, 2024. The Kanawha County property features a convenient one-story design. This is a rare opportunity to acquire a well-located, high-performing office space in the heart of Charleston, West Virginia. The APN is 7.

Property profile

Verified
Property type Office Spaces
Year built 1918
Total area 3,428 SF
Lot 0.17 ac (7,405 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

109 Charleston Wv Charleston, WV 25301
Charleston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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