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601 50th St 12,645 SF Specialty Building Offered at $1,934,324 CAD in Charleston, WV 25304

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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.

PROPERTY FACTS

Price $1,934,324 CAD
Price Per SF $152.97 CAD
Sale Type Investment or Owner User
Property Type
Specialty
  • Flex Showroom
  • OfficeLoft Creative Space
  • Office Office Residential
Building Class B
Lot Size 0.33 AC
Building Size 12,645 SF
No. Stories 2
Year Built 1947
Parking Ratio 2.53/1,000 SF
Opportunity Zone Yes
Zoning Neighborhood commercial - Promotes neighborhood activities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-13- 14-0087.0000
Land Assessment
$74,837 CAD
Improvements Assessment
$531,273 CAD
Total Assessment
$606,110 CAD
  • Listing ID: 35389914

  • Date on Market: 2025-04-06

  • Last Updated:

  • Address: 601 50th St, Charleston, WV 25304

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