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Office/Warehouse Redevelopment | WV Capital 630 Maryland Ave 15,393 SF 58% Leased Industrial Building Online Auction Sale Charleston, WV 25302
Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Capitalize on this ready-to-use office and warehouse space situated Downtown Charleston, West Virginia, ready for new use.
- Tenants will enjoy unmatched convenience with numerous nearby retailers, including Walgreens, Wendy's, Family Dollar, and Dollar Tree.
- Area demographics are particularly attractive to investors, highlighted by a workforce exceeding 104,000 employees within a 10-mile radius.
- Positioned with logistics in mind in the state capital just off Washington Street with superior access to Interstates 64, 77, and 79.
- Equipped with many impressive in-place industrial features, this turnkey facility can be easily customized to accommodate new uses.
- Absolute auction | Starting bid $1.
EXECUTIVE SUMMARY
630 Maryland Avenue presents an exceptional investment opportunity for both investors and owner-occupants in Charleston, West Virginia.
The 6,500-square-foot facility offers a range of desirable on-site features designed to accommodate buyer customization according to business needs. Constructed in 1993, this property is an established presence in Charleston. It provides 18-foot clear heights and includes a prime loading area with both one grade-level overhead door and one dock-high door. Notably, the building is accompanied by a 0.38-acre surface parking lot, which is an uncommon amenity for smaller industrial properties located within urban cores. This feature significantly enhances both utility and resale value. The property also includes a generous office space suitable for logistics and operations, configured with a combination of private offices and open workspaces. Buyers may utilize this versatile area for various purposes, such as a showroom or retail outlet, or maintain its use for industrial, storage, or warehousing functions. Delivered entirely vacant, the building enables purchasers to commence their planned transformations immediately following acquisition.
Located on the west side of Charleston, this property is positioned near major transportation routes. Charleston is at the intersection of Interstates 64, 77, and 79, serving as a distribution point in the Appalachian region. These highways connect to cities such as Columbus, Cincinnati, Pittsburgh, and Charlotte. Charleston is the capital of West Virginia and the largest city in the state, with a range of industries present. The city includes Yeager Airport and is situated along the Kanawha River. There are many retailers and conveniences close to the property, contributing to its appeal. Local businesses such as Tudor Biscuit World, Mama C’s Treats, and Kel’s Tavern are within walking distance, while big names Piggly Wiggly, ABC Supply Co. Inc., and Starbucks are just a quick drive away.
Property tours are available by appointment only. Please contact the listing broker to schedule.
The 6,500-square-foot facility offers a range of desirable on-site features designed to accommodate buyer customization according to business needs. Constructed in 1993, this property is an established presence in Charleston. It provides 18-foot clear heights and includes a prime loading area with both one grade-level overhead door and one dock-high door. Notably, the building is accompanied by a 0.38-acre surface parking lot, which is an uncommon amenity for smaller industrial properties located within urban cores. This feature significantly enhances both utility and resale value. The property also includes a generous office space suitable for logistics and operations, configured with a combination of private offices and open workspaces. Buyers may utilize this versatile area for various purposes, such as a showroom or retail outlet, or maintain its use for industrial, storage, or warehousing functions. Delivered entirely vacant, the building enables purchasers to commence their planned transformations immediately following acquisition.
Located on the west side of Charleston, this property is positioned near major transportation routes. Charleston is at the intersection of Interstates 64, 77, and 79, serving as a distribution point in the Appalachian region. These highways connect to cities such as Columbus, Cincinnati, Pittsburgh, and Charlotte. Charleston is the capital of West Virginia and the largest city in the state, with a range of industries present. The city includes Yeager Airport and is situated along the Kanawha River. There are many retailers and conveniences close to the property, contributing to its appeal. Local businesses such as Tudor Biscuit World, Mama C’s Treats, and Kel’s Tavern are within walking distance, while big names Piggly Wiggly, ABC Supply Co. Inc., and Starbucks are just a quick drive away.
Property tours are available by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOUR
Matterport Tour
DATA ROOM Click Here to Access
- Property Highlights
- Purchase Agreement
- Operating and Financial Statements
- Title & Insurance
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Auction Sale | Year Built | 1993 |
| Type of Ownership | Fee Simple | Parking Ratio | 0.77/1,000 SF |
| Property Type | Industrial | No. Dock-High Doors/Loading | 2 |
| Property Subtype | Warehouse | Cross Streets | Washington St |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.38 AC | Parcel Number | 20-12- 22-0410 |
| Rentable Building Area | 15,393 SF |
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.38 AC |
| Rentable Building Area | 15,393 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Parking Ratio | 0.77/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| Cross Streets | Washington St |
| Opportunity Zone |
Yes |
| Parcel Number | 20-12- 22-0410 |
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 6,500 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 6,500 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 6,500 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Walk Score®
Very Walkable (83)
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Columbus
892,533
166
3 h 19 m
Charlotte
872,498
265
5 h 1 m
Indianapolis
867,125
304
6 h 1 m
Philadelphia
1,584,138
460
8 h 41 m
Chicago
2,705,994
485
9 h 33 m
New York
8,398,748
548
10 h 17 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
133,998
Total Labor Force
62,241
Unemployment Rate
3.32%
Median Household Income
$57,152
Warehouse Employees
6,269
High School Education Or Higher
92.20%
SALE ADVISOR
SALE ADVISOR
Quintie Smith, Member/Owner-Associate Broker
Seventh-generation Charlestonian Quintie Smith has had a long pedigree in real estate. His family owns the Kanawha Roxalana Company – a one-hundred-year-old Real Estate Company in Charleston, WV and he was a top residential broker in Myrtle Beach, SC for ten years after a twenty-year career in the securities business. Mr. Smith participates in all phases of real estate transactions. Sales and leasing are his principal focus – he has a sophisticated network of buyers and dozens of prospective lessees. He is a former Board Member of the Charleston Civic Center, the EHS Alumni Board, and founding director of Capitol State Bank. Mr. Smith is the former Chairman of the EHS Sports Hall of Fame and the principal fundraiser for the Hot Rod Hundley statue at West Virginia University. He also was a delegate to the GOP National Committee in 2016. A graduate of Episcopal High School and Princeton University, Mr. Smith played football and participated in track at both institutions.
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AUCTION CONTACT
Jameson Kuykendall
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr WVB210300753 Ten-X, LLC Auction Firm Arlene Richardson Auctioneer 2446
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PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Office/Warehouse Redevelopment | WV Capital | 630 Maryland Ave
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