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    OFF-MARKET
    Commercial real estate

    103 Alex Ln, Charleston, WV 25304

    Property ID
    US94-0361269
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 103 Alex Lane in Charleston, West Virginia, presents a compelling investment opportunity. The single-story building, constructed in 2004, boasts approximately 6000 square feet of space situated on a sizable 1.57-acre lot. Its convenient location offers unparalleled visibility and accessibility, benefiting from its proximity to major business, commercial, and retail centers. The property is zoned for commercial use and currently operates as a restaurant. The ample on-site parking provides more than 50 spaces, ensuring convenience for patrons and employees. This prime location, just off the I-64/I-77 exits in Kanawha City, guarantees high traffic volume and exposure. The asking price for this well-maintained property is $825,000. This presents a rare chance to acquire a substantial commercial property with significant potential in a thriving West Virginia market. The property's size, location, and parking capabilities make it an ideal investment for a variety of commercial ventures. The 25304 zip code further underscores its strategic placement within a bustling commercial area.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US94-0361269
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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