Martinsburg, WV 25401 839 Winchester Avenue
$599,900
Pending
79 more
Presented By: Samson Properties
SQFT • 7,000
SQFT • 7,000Home Details
Great commercial/residential mixed use opportunity in the outskirts of Martinsburg. Current lease in place for 1700 sq ft on main level to Goin' Postal until September of 2027. Other Commercial space is vacant. Three apartments leased upstairs with separate accesses month to month. Rents have room to increase, but tenants are all long term and all tenants pay on or before first of the month. Building is in great shape. Convert the vacant 1800 sq ft of retail for your own use and collect on all other units or pick it up as an investment and find the tenant for the vacant space quickly with parking and easy access from Route 9 and downtown. Property is in prime Martinsburg location.
Presented By: Samson Properties
Interior Features for 839 Winchester Avenue
Other Interior Features
Central Air Y/NNo
FlooringCarpet, Hardwood, Luxury Vinyl Plank
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 839 Winchester Avenue
Acceptable FinancingConventional, Bank Portfolio, Cash
Accessibility2+ Access Exits, 32 + wide Doors, Entry Slope <1'
Business TypeApartment Building
Cap Rate7.00
CityMARTINSBURG
Construction MaterialsConcrete, Block
Cool FuelElectric
CoolingHeat Pump(s), Window Unit(s)
CountyBERKELEY
DirectionsRoute 9 to Winchester Ave to Property on the Left near the Dairy Queen.
Electric120/240V
Gross Income41400.00
HeatingHeat Pump(s), Baseboard - Electric
Historic Y/NNo
Lease Considered Y/NNo
Lot Size Square Feet12632.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-01T16:18:48
MunicipalityMartinsburg
Net Operating Income41400.00
New ConstructionNo
OwnerPaysCommon Area Maintenance, Repairs, Taxes - Real Estate, Trash Collection
OwnershipFee Simple
PossessionNegotiable
Possible UseApartment Building, Apartments, Automotive, Bar/Tavern/Lounge, Beer/Wine/Liquor, Convenience Store, Flex Space, Florist/Nursery, Food & Beverage, Food Market, Investment, Laundromat, Liquor Store, Medical/Dental,
Price Per Sq Ft Total AG85.7
Property ConditionVery Good
Property SubtypeRetail
Property TypeCommercial Sale
Property UseInvestment
RoofMetal
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Subdivision NameNONE AVAILABLE
Tax Annual Amount5820.23
Tax Assessed Value0.0
Tax Lot3&4
Tax Year2024
UtilitiesAbove Ground, Cable TV, Phone Available, Phone
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1940
Year Built SourceEstimated
ZoningMIXED USE
Exterior for 839 Winchester Avenue
Building Area Total7000.00
Car Parking Spaces22
Door FeaturesInsulated, Six Panel
InclusionsSale includes 3 Residential Units fully occupied on second floor, one approximately 1700 sq ft commercial retail space on main level leased to May 2027 to Goin' Postal, and a vacant space of approximat
Land Assessed Value42240.00
Lot FeaturesCorner
Lot Size Acres0.29
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesPaved Parking
Total Loading Docks0
Total Parking Spaces24
Type of ParkingParking Lot, Off Site
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
