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107 Capitol St - KB&T Center
1,529 - 10,233 SF Office Units in Charleston, WV 25301
Investment Highlights
- All of KB&T Center (25,760 SF) is available for sale for $2,320,000 ($90.06/SF)
- Historic property located in the center of Capitol Street, the heart of Charleston's vibrant downtown.
- Building wired for fiber optic internet services up to 10GB/sec.
- KB&T Center has private entrance, elevator and stair tower separating it from the mixed used Renaissance Tower.
- Attached executive parking garage and private bathrooms with shower for building occupants who are joggers.
Executive Summary
The KB&T Center is located in the heart of historic downtown Charleston beside the newly renovated and expanded Kanawha County Library. This is a mixed use condominium development with floors 1-3 (plus lower level) being KB&T Center (107 Capitol Street) and the upper floors 4-11 being Renaissance Tower (109 Capitol Street) which is mixed use of residential and office. KB&T Center encompasses 25,760 SF and Renaissance Tower has 27,512 SF. There is attached executive parking garage with assigned parking spaces in the garage for each floor. The property is centrally located to multiple parking garages, retail and food destinations, and a short distance to Charleston Town Center, Charleston Coliseum & Convention Center, CAMC's Charleston General and St. Francis Hospitals.
Property Facts
4 Units Available
Unit LL1
| Unit Size | 1,529 SF | Sale Type | Investment or Owner User |
| Unit Use | Office | No. Parking Spaces | 1 |
| Unit Size | 1,529 SF |
| Unit Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
Description
Office suite with 3 private offices, a small kitchenette area, and an open work area furnished with 3 workstations with full size doors.
Sale Notes
Prime investment opportunity. Only small office suite available for sale in the downtown area. The condo assessment is $569 per month, or a total of $6,836 annually, and it includes water, sewer, gas, common area janitorial services, building and elevator maintenance, parking garage maintenance, and building insurance (excluding interior condo insurance). Electric is submetered to the house and is billed monthly by management company.
Lower Level Floorplan
Unit 200
| Unit Size | 6,369 SF | Sale Type | Investment or Owner User |
| Unit Use | Office | No. Parking Spaces | 3 |
| Unit Size | 6,369 SF |
| Unit Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
Description
Second floor condo. Could be leased to two separate tenants. Lease rate is $17.50/sf/yr.
Unit 300
| Unit Size | 6,775 SF | No. Parking Spaces | 3 |
| Unit Use | Office | APN/Parcel ID | 7 / 0034 0300 0000 |
| Sale Type | Investment or Owner User |
| Unit Size | 6,775 SF |
| Unit Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 7 / 0034 0300 0000 |
Description
Third floor condo with excellent office layout including one large furnished conference room and one small glass enclosed conference room. Lease rate is $17,50/sf/yr,
Unit 100
| Unit Size | 10,233 SF | Sale Type | Investment |
| Unit Use | Office | No. Parking Spaces | 3 |
| Unit Size | 10,233 SF |
| Unit Use | Office |
| Sale Type | Investment |
| No. Parking Spaces | 3 |
Description
Fully leased to WV State University until 2028.
Major Tenant Information
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| West Virginia Division of Rehabilitation Services |
16,539 SF
|
December 2021
|
Amenities
- 24 Hour Access
zoning
| Zoning Code | CBD (Charleston Business District) |
| CBD (Charleston Business District) |
Presented by
107 Capitol St - KB&T Center
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