109 Charleston Wv, Charleston, WV 25301
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.