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107/109 N Queen Street

MARTINSBURG, WV 25401
  • $394,900
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: WVBE2027552
$394,900
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

For Sale: Prime Business Opportunity in Downtown Martinsburg! Unlock the potential of this exceptional property boasting a total of 4 units, strategically located in the heart of downtown Martinsburg. With 2 apartments already rented and one apartment awaiting renovation, alongside a fully equipped restaurant on the first floor, this investment promises lucrative returns and an enticing cap rate.Conveniently positioned near shopping centers, the train station, library, and various downtown attractions, this property is perfectly poised to capitalize on all downtown events and foot traffic.The existing rental income combined with the prospect of enhancing the fourth unit ensures a steady cash flow and significant growth potential for savvy investors. The bar was acquired from the Al Capone Estate and is available for and additional $150,000.Don't miss out on this outstanding opportunity to become a part of Martinsburg's vibrant downtown scene. Contact us today to seize this excellent business venture and reap the rewards of downtown living and commerce! '

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-19T17:52:56.623.
www.greatfallsgreathomes.com/homes/148721239
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107/109 N Queen Street MARTINSBURG, WV 25401

  • Price: $394,900
  • Status: Active
  • On Site: 31 Days
  • ID#: WVBE2027552
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1900
Built
County:
Berkeley
School District:
Berkeley County Schools
Property Description
For Sale: Prime Business Opportunity in Downtown Martinsburg! Unlock the potential of this exceptional property boasting a total of 4 units, strategically located in the heart of downtown Martinsburg. With 2 apartments already rented and one apartment awaiting renovation, alongside a fully equipped restaurant on the first floor, this investment promises lucrative returns and an enticing cap rate.Conveniently positioned near shopping centers, the train station, library, and various downtown attractions, this property is perfectly poised to capitalize on all downtown events and foot traffic.The existing rental income combined with the prospect of enhancing the fourth unit ensures a steady cash flow and significant growth potential for savvy investors. The bar was acquired from the Al Capone Estate and is available for and additional $150,000.Don't miss out on this outstanding opportunity to become a part of Martinsburg's vibrant downtown scene. Contact us today to seize this excellent business venture and reap the rewards of downtown living and commerce! '
Exterior Features

Construction Materials Brick Garage YN No Location Type Downtown Parking Features Attendant Parking Types On Street Property Condition Good Roof MetalRubber Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4880.00 Cooling Central A/CWindow Unit(s) Flooring Solid Hardwood Heating CentralBaseboard - Electric Heating YN Yes Net Square Feet 2265.00

Property Features

Accessibility Features None Annual Gross Expense 7000.00 Central Air YN Yes Cooling Fuel Electric Foundation Details Stone Gross Income 59400.00 Heating Fuel Natural GasElectric Historic YN No Hot Water Electric Navigable Water YN N Net Operating Income 52400.00 New Construction YN No Operating Expense Includes InsuranceSewerWaterTrash Original MLSNumber 802933244556 Owner Pays InsuranceSewerSnow RemovalTrash CollectionWaterTaxes - Real Estate Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2165.00 Total Actual Rent 59400.00 Vacation Rental YN No Water Source Public Zoning COMMERCAIL MULTI USE

Listing courtesy of ERA Liberty Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-19T17:52:56.623.
 
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