723 Kanawha E Blvd, Charleston, WV 25301-2707
This iconic 13-story, 50,000 square foot office building, located at 723 Kanawha Blvd E in Charleston, West Virginia, presents a unique investment opportunity. Built in 1911, this Neo-Classical Revival architectural masterpiece was once the tallest building in Charleston. Its granite and brick exterior, structurally sound with 32 concrete piers resting on bedrock, ensures lasting durability. The building boasts a unique ornate recessed entry and offers incredible views of the Kanawha River, downtown Charleston, and the West Virginia State Capitol. The interior features approximately 3,720 square feet per floor (excluding the unique first and second floors and the 2,500+ square foot penthouse). Two elevators service the thirteen floors, all similar in layout except for the first, second, and penthouse levels. A full basement is also included. This prime location is adjacent to Haddad Riverfront Park and is the last remaining riverside building in the downtown area. The property's versatility allows for a wide range of potential uses, including but not limited to residential, commercial, entertainment, restaurant, and social spaces. The asking price is $1,350,000, translating to $27 per square foot. This is a rare chance to acquire a piece of Charleston's history and a landmark property with significant redevelopment potential. The building features 13 units.
-
Sanko Electronics America Inc Electronics & Wireless Store
-
Edward Rebrook Law Firm Law Firm
-
Park Shopping Center Shopping Center & Mall
-
Nature Conservancy Charitable Organization Social Service Agency
-
Dieticians Board State Government Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.