1514 Kanawha BlvdCharleston, WV 25387

Property Details for 1514 Kanawha Blvd

Year built

1991

Construction

BRICK

Lot size

0.36 AC

Property size (Sq ft)

5,472 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

20-11- 20-0276.0000

APU

20112002760000

Description

This exceptional investment opportunity presents a fully leased 4,000 square foot office building situated on the desirable Kanawha Boulevard in Charleston, West Virginia. The property boasts a prime location offering excellent visibility and accessibility for tenants. The building's current occupancy ensures a steady stream of income for the investor, minimizing vacancy risks and maximizing return on investment. The convenient off-street parking provides ample space for tenants and visitors, a significant advantage in a busy urban area. The building itself is well-maintained and ready for immediate income generation. This is an ideal acquisition for investors seeking a stable, cash-flowing asset in a thriving West Virginia market. The property's location on Kanawha Boulevard offers high traffic volume and excellent exposure, making it an attractive location for businesses. The 4,000 square feet of office space provides ample room for multiple tenants or a single large occupant. The fully leased status minimizes management responsibilities and maximizes immediate return. This presents a rare opportunity to acquire a turnkey investment property in a desirable location with minimal vacancy risk. The off-street parking is a key feature, adding value and convenience for tenants. This Charleston office building represents a strong investment opportunity with significant potential for long-term growth and profitability. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $952,507

  6.5%

  $879,237

  7%

  $816,435

• Comparable approach

  Method

  Valuation

  Relative Method

  $511,851

  Geo Method

  $511,851

• Alternative Use

  Use

  Valuation

  Residential

  $1,090,254

  Hospitality

  $998,667

  Educational

  $830,879

  Medical

  $859,454

  Retail

  $1,292,479

Location Insight

City

Charleston

County

Kanawha

State

West Virginia

Latitude

38.3404

Longitude

-81.6252

CBSA code

16620

CBSA name

CHARLESTON, WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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