1514 Kanawha Blvd Charleston, WV 25387
- Investment properties
- 5,472 SF
- 0.36 lot acres
Current Use by Public Records
- West Law Firm LC / Law Firm / Civil Law Attorney
- Partnership-African Amer Churches / Social Services Organization
- Cassis Therapy Associates / Family Counselor / Counselor
- Prestera Center For Mental / Mental Health Service
- Surface Cosmetic And Anti Aging / Doctor
Property Details for 1514 Kanawha Blvd
- Year built
- 1991
- Construction
- BRICK
- Lot size
- 0.36 lot acres
- Property size
- 5,472 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- 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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,075,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,205,000
- 6.5%
- $1,100,000
- 7%
- $1,170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,225,000
- Geo Method
- $1,215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,050,000
- Retail
- $1,190,000
- Mixed-Use
- $1,365,000
- Hospitality
- $1,085,000
- Educational
- $1,340,000
- Residential Income
- $1,070,000
- Energy
- $1,145,000
- Income-Based Land
- $1,325,000
- Food Service
- $1,195,000
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Kanawha
- State
- West Virginia
- Longitude
- -81.6252
- Latitude
- 38.3404
- CBSA code
- 16620
- CBSA name
- CHARLESTON, WV METROPOLITAN STATISTICAL AREA