Property profile

45 20 St Wheeling, WV 26003

OFF-MARKET
Office Spaces
54,720 SF Built 1970
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Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces
Year built 1970
Total area 54,720 SF

Cap rate & NOI

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

Location

45 20 St Wheeling, WV 26003
Wheeling metro
Google Maps

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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