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4112 MacCorkle Ave SE
Charleston, WV 25304
Retail Property For Sale
Executive Summary
Great investment property. Two-story, brick building located in the heart of the business district on MacCorkle Ave SE. New roof 2024. Also new heating and cooling units. Updated interior with
22 parking spaces on-site. Zoned C-8 (office/retail/commercial). 75' street frontage and 150' deep lot. Adjacent parking lot included in the sale.
Currently 50% occupied, with first floor available for lease.
NOI based on potential income with current tenants.
22 parking spaces on-site. Zoned C-8 (office/retail/commercial). 75' street frontage and 150' deep lot. Adjacent parking lot included in the sale.
Currently 50% occupied, with first floor available for lease.
NOI based on potential income with current tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,750 SF
Building Class
C
Year Built
1960
Price
$529,000
Price Per SF
$45.02
Cap Rate
15.20%
NOI
$80,400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.04
Lot Size
0.26 AC
Zoning
C-8 - Commercial-Retail-Residential
Parking
11 Spaces (0.94 Spaces per 1,000 SF Leased)
Frontage
121’ on MacCorkle Ave SE
Amenities
- Signage
Property Taxes
| Parcel Number | 13-17-00480000 | Improvements Assessment | $272,570 |
| Land Assessment | $48,480 | Total Assessment | $321,050 |
Property Taxes
Parcel Number
13-17-00480000
Land Assessment
$48,480
Improvements Assessment
$272,570
Total Assessment
$321,050
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