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    45 20 St Wheeling, WV 26003

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    For Sale
    Contact for pricing

    Downtown Wheeling Office Space - 54,720 SF

    Property size:
    54,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional four-story, 54,720-square-foot Class B office building, formerly the Blue Cross Blue Shield headquarters, presents a unique opportunity in downtown Wheeling, West Virginia. Built in 1970, the property offers a modern office layout with high ceilings and is conveniently located at 45 20th Street, Wheeling, WV 26003. The space is divisible, with a minimum leaseable area of 15,000 square feet, allowing for flexibility to accommodate various business needs. Its prime location offers easy access to downtown amenities and boasts excellent visibility, providing a premier signage opportunity for an anchor tenant. Strategically situated just 38 miles southwest of Southpointe/Pittsburgh along Interstate 70, this property benefits from its proximity to major transportation routes and the heart of the Marcellus and Utica Gas Shale region. The building offers an aggressive rental rate and attractive improvement packages, making it an attractive investment for businesses seeking a prominent presence in a thriving area. The expansive square footage allows for potential expansion, catering to companies requiring significant space. This is a rare opportunity to secure a substantial and well-located office building in a dynamic market.

    Property Features for 45 20 St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    54,720 SF
    Class
    B

    Building Details

    Year Built
    1970
    Stories
    4

    HighLights

    • Exceptional four‑story, 54,720‑square‑foot Class B office building in downtown Wheeling, WV.
    • Modern office layout with high ceilings, located at 45 20th Street, Wheeling, WV 26003.
    • Divisible space, minimum 15,000‑square‑foot leaseable area.
    • Prime downtown location with excellent visibility and signage opportunities.
    • Conveniently located near I‑70, 38 miles southwest of Southpointe/Pittsburgh, near Marcellus and Utica Shale regions.
    • Aggressive rental rates and attractive tenant improvement packages.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheeling
    County
    Ohio
    State
    West Virginia
    Longitude
    -80.7219159
    Latitude
    40.0614125

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Wheeling Office Space - 54,720 SF
    Where is this office property / space located?
    The property is located at 45 20 St Wheeling, WV.
    What are key features of this property?
    This property features: Exceptional four-story, 54,720-square-foot Class B office building in downtown Wheeling, WV.; Modern office layout with high ceilings, located at 45 20th Street, Wheeling, WV 26003.; Divisible space, minimum 15,000-square-foot leaseable area.
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    45 20 St Wheeling, WV 26003
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    Wheeling, WV 26003
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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
    45 20 St Wheeling, WV 26003
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