501 Elizabeth StCharleston, WV 25311

For Sale
$289,000

Prime WV location, 19,650+ sq ft

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity encompasses a substantial 19,650-square-foot religious/church building situated on a 0.48-acre lot in Charleston, West Virginia. Located at 501 Elizabeth Street, this property presents a unique blend of potential uses, ideally suited for adaptive reuse or mixed-use development. The main structure, a two-building complex, offers ample space for a variety of purposes. Its prime location on the corner of Elizabeth and Jackson streets in Charleston's East End, within an Opportunity Zone, adds significant value and potential for tax advantages. The property's size and location make it highly attractive for a range of commercial ventures. An adjacent single-family residence, boasting 2,508 square feet, is also available for sale, presenting a compelling opportunity for a combined acquisition. This combined property offers a significant footprint and potential for a substantial return on investment. The existing structure requires vision and renovation, but the potential for redevelopment is substantial given its size, location, and the current market demand. This is a rare chance to acquire a large property in a desirable area with significant upside potential. The property is located in Kanawha County, West Virginia, with a zip code of 25311.

Property Details for 501 Elizabeth St

Property type
Other specialty properties, Churches & religious facilities
Square Feet
19,650 SF
Buildings
2
Lot Size (sq. ft)
20,909 SF

Location Insight

City
Charleston
County
Kanawha
State
West Virginia
Latitude
38.34144132363
Longitude
-81.615630978308
501 Elizabeth St, Charleston, West Virginia

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501 Elizabeth St
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