1594-1598 Washington St Charleston, WV 25311
- Office Properties & Spaces
- 30,000 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1594-1598 Washington St
- Year built
- 1970
- Property size
- 30,000 SF
- Property type
- Office Properties & Spaces
Description
This exceptional commercial real estate offering encompasses four substantial buildings and land, totaling over 30,000 square feet, strategically located in Charleston, WV. The property includes a highly desirable corner lot just 1.5 blocks from the State Capitol building and in close proximity to numerous fast-food and convenience store franchises, ensuring high visibility and convenient access. The modern buildings are structurally sound and present an excellent opportunity for commercial or office use, offering unlimited potential for diverse business ventures. The property's prime location also presents a compelling opportunity for residential development. Included in this offering is the Village Auto property situated on Elizabeth Street. The property's income-generating potential is further enhanced by existing rental agreements. Specifically, 1598 Washington Street East is currently leased for $2400 per month plus utilities, while 1594 Washington Street East commands $1800 per month plus utilities. Buildings at 1596 and 1596-1/2 Washington Street East are also currently under lease. This is a rare opportunity to acquire a significant commercial property in a thriving location with substantial income potential and significant upside for future development. The asking price for this entire portfolio is $2,550,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Kanawha
- State
- West Virginia
- Longitude
- -81.6165
- Latitude
- 38.3406
