Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Washington St Charleston, WV undefined

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Washington St

    Property type
    Retail properties
    Property subtype
    Mixed-use properties

    Description

    This exceptional commercial investment opportunity in Charleston, West Virginia, presents a rare chance to acquire a mixed-use property ideally suited for a convenience store and/or quick-service restaurant (QSR). Located on Washington Street West, this property boasts a prime location with an estimated 6,787 vehicles passing daily, ensuring high visibility and substantial foot traffic. The property sits on a half-acre lot, fully fenced for security and offering ample space for potential expansion or outdoor seating. The building itself is a mixed-use structure, providing flexibility for various business configurations. The asking price is $119,000, representing a compelling entry point into the Charleston commercial real estate market. This property's strategic location and high traffic count make it an attractive investment for both seasoned and emerging entrepreneurs seeking a strong return on investment. The substantial daily traffic count, coupled with the property's size and versatile nature, presents a unique opportunity to establish a thriving business in a vibrant West Virginia community. The fenced lot provides added security and peace of mind. This is a turnkey opportunity for immediate occupancy and revenue generation. Don't miss this chance to secure a prime commercial property in a high-demand area.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.6377
    Latitude
    38.3574

    Comparable in this City

    • Value Estimation by Request
      0.80 Acres

      Rte 5

      CONVENIENCE STORE • 0.80 Acres
      Rte 5, 5, WV
      View Details
    • Value Estimation by Request
      0.11 Acres

      Old Eleven, WV

      CONVENIENCE STORE • 0.11 Acres
      7, Old Eleven, WV
      View Details
    • Value Estimation by Request
      0.71 Acres

      Cr Trce, WV

      CONVENIENCE STORE • 0.71 Acres
      Cr Trce, WV
      View Details
    • Value Estimation by Request
      1.38 Acres

      Bergoo Rd, WV

      CONVENIENCE STORE • 1.38 Acres
      Bergoo Rd, WV
      View Details
    • Value Estimation by Request
      0.16 Acres

      Maben W

      CONVENIENCE STORE • 0.16 Acres
      Maben W, S, WV
      View Details
    • Value Estimation by Request
      0.73 Acres

      Newhall, WV

      CONVENIENCE STORE • 0.73 Acres
      Newhall, WV
      View Details

    Similar Nearby for Sale

    • $1,946,063
      10,640 SF

      New Dollar General For Sale

      Brand new Dollar General with 15-year NNN lease.
      3 Morris Ln, Branchland, WV
      View Details
    • $1,050,000
      11,027 SF

      Retail Property in Spencer, WV

      Retail property available for sale in Spencer, West Virginia.
      106 Parking Plz, Spencer, WV
      View Details
    • Contact for pricing
      3,000 SF

      3,000 SF Retail Outbuilding

      Freestanding retail building with co-tenants in Mannington, WV.
      48 State Hwy, Mannington, WV
      View Details
    • $350,000

      Land For Sale Beckley, WV

      Land available for purchase in Beckley, West Virginia.
      2810 Wv-16, Beckley, WV
      View Details
    • $675,000

      Commercial Land Near WVU Medicine

      1.46 acre commercial land parcel near WVU Medicine.
      100 Maclaine Way, Shepherdstown, WV
      View Details
    • Contact for pricing
      54,720 SF

      Wheeling Office Building For Sale

      54,720 SF office building available in Wheeling, WV.
      45 20 St, Wheeling, WV
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Grocery Anchored Shopping Center

      Market dominant shopping center near Shepherdstown University and Potomac River.
      75-101 Maddox Sq Dr, Shepherdstown, WV
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space Available For Lease

      5,000 square foot retail property available for lease.
      1021 National Rd, Wheeling, WV
      View Details
    • Contact for pricing
      8,408 SF

      Retail Space Available in Morgantown

      Retail property available for lease in Morgantown, West Virginia.
      100 Fieldview Ave, Morgantown, WV
      View Details
    • Contact for pricing
      3,640 SF

      Retail Space in Nitro

      Retail space available for lease in Nitro, West Virginia.
      100-300 Nitro Market Pl, Nitro, WV
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space in Morgantown

      Retail space available in Morgantown, West Virginia.
      100 Sesame Dr, Morgantown, WV
      View Details
    • Contact for pricing
      1,200 SF

      Retail Endcap Space Available

      1,200 SF retail endcap space for lease.
      231-237 Warwood Ave, Wheeling, WV
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Washington St
    Charleston, WV undefined
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.