5411 Maccorkle Ave Charleston, WV 25304
- Individual retail properties
- 0.34 lot acres
Current Use by Public Records
- Serendipity Spa and Salon / Day Spa
- The Beanie Weenie / American Restaurant
Property Details for 5411 Maccorkle Ave
- Lot size
- 0.34 lot acres
- Property type
- Individual retail properties
- APN
- 20-13- 10-0079.0000
- APU
- 20131000790000
Description
This exceptional 14,224 square foot office building, located at 5411 Maccorkle Avenue Unit 5411 in Charleston, West Virginia, presents a unique investment opportunity. Situated on a 0.34-acre lot in the Kanawha City area, this two-story building boasts convenient access to all essential infrastructure. Completely renovated and updated in 2011, the property features a brand-new rubber roof, ensuring long-term durability and reduced maintenance costs. The comprehensive renovation included the installation of state-of-the-art heating and cooling systems, guaranteeing year-round comfort and energy efficiency. Modern upgrades extend to new flooring, lighting, and ceiling tiles, creating a contemporary and inviting workspace. Safety features were also significantly enhanced during the renovation, prioritizing the well-being of occupants. Originally designed to accommodate medical and commercial offices, the flexible layout offers adaptability to a wide range of business needs. The property provides ample parking with over 30-40 spaces on-site, ensuring convenient access for employees and clients. An adjacent lot is also available for purchase, providing potential for expansion or additional parking, should the need arise. Priced at $890,000, this meticulously maintained and updated office building represents an excellent value in a desirable Charleston location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $315,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $315,000
- Mixed-Use
- $325,000
- Hospitality
- $275,000
- Educational
- $305,000
- Residential Income
- $320,000
- Energy
- $285,000
- Income-Based Land
- $310,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Kanawha
- State
- West Virginia
- Longitude
- -81.5718
- Latitude
- 38.3154
- CBSA code
- 16620
- CBSA name
- CHARLESTON, WV METROPOLITAN STATISTICAL AREA
