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Investment Highlights
- Extraordinarily well-built and well-maintained mason ry building in excellent condition.
- Building can be used for a variety of uses.
- Located in a high popular area of Charleston with good traffic flows.
Executive Summary
This property is known as the Mountain State School of Massage. It is an institution that has been in existence for over 30 years, and the owner is considering retiring. The property is either for sale or for lease. Occupancy can be arranged sometime in early summer. The condition of the building is extremely good. It has been well maintained by the owner/occupant since he purchased the property in 1991 and did an extensive remodeling. The aerial photo of the property, the floor plan of both the first and second floors along with a number of interior and exterior photos are contained in the accompanying brochure.
Because of the mountainous terrain around the town, it makes development very difficult; consequently, there is not a lot of flat land around Charleston, West Virginia which is developable. Most all of the industry and commerce occurs in the cities and many of them are on riverbeds, which occasionally flood. For those reasons, flat land which is above the floodplain and commercially zoned in our area is rare. The subject property is built in the middle of a large river bottom which does not flood and is immediately across the river from Charleston, the state capital. It is a part a part of the city and incorporated therein. Police service to the area is exemplary. Crime is low in this town and it is an excellent place to raise a family. Travel and Leisure magazine recently rated Charleston, West Virginia is one of the top 10 cities in the country where one can retire much cheaper than anywhere else. That is because our standard of living is high but our cost of everything, including real estate, is low.
The property can easily be used for medical purposes, as an engineering or other type of office, as a retail center, or for any other legal purpose. Those capabilities make it an ideal candidate for someone to move to Charleston to set up a business.
As a real estate broker and native Charlestonian, having been in this field for 52 years, I can easily say that this is a great property and it's in a great location in a wonderful town in a state that has come to enjoy and represent the moniker, "Almost Heaven." One only has to live here to enjoy all the amenities that this town and the state provide.
Because of the mountainous terrain around the town, it makes development very difficult; consequently, there is not a lot of flat land around Charleston, West Virginia which is developable. Most all of the industry and commerce occurs in the cities and many of them are on riverbeds, which occasionally flood. For those reasons, flat land which is above the floodplain and commercially zoned in our area is rare. The subject property is built in the middle of a large river bottom which does not flood and is immediately across the river from Charleston, the state capital. It is a part a part of the city and incorporated therein. Police service to the area is exemplary. Crime is low in this town and it is an excellent place to raise a family. Travel and Leisure magazine recently rated Charleston, West Virginia is one of the top 10 cities in the country where one can retire much cheaper than anywhere else. That is because our standard of living is high but our cost of everything, including real estate, is low.
The property can easily be used for medical purposes, as an engineering or other type of office, as a retail center, or for any other legal purpose. Those capabilities make it an ideal candidate for someone to move to Charleston to set up a business.
As a real estate broker and native Charlestonian, having been in this field for 52 years, I can easily say that this is a great property and it's in a great location in a wonderful town in a state that has come to enjoy and represent the moniker, "Almost Heaven." One only has to live here to enjoy all the amenities that this town and the state provide.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,645 SF
Building Class
C
Year Built
1947
Price
$975,000
Price Per SF
$77.11
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
Neighborhood commercial - Promotes neighborhood activities.
Parking
32 Spaces (2.53 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Charlie Barre
- Services
- -
- -
- -
- -
- Fly Fitness
- Services
- -
- $16.50
- Plus Utilities
- Feb 2020
- Mountain State School Of Massage
- Educational Services
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Charlie Barre | Services | - | - | - | - | |
| Fly Fitness | Services | - | $16.50 | Plus Utilities | Feb 2020 | |
| Mountain State School Of Massage | Educational Services | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-13- 14-0087.0000 | Improvements Assessment | $382,500 |
| Land Assessment | $53,880 | Total Assessment | $436,380 |
Property Taxes
Parcel Number
20-13- 14-0087.0000
Land Assessment
$53,880
Improvements Assessment
$382,500
Total Assessment
$436,380
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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