839 Winchester Ave - Freestanding FOR SALE


Martinsburg, WV 25401
$599,900 USD
240-405-5575
839 Winchester Ave, Martinsburg, WV for Sale
$599,900 USD
Freestanding - FOR SALE
1/84
null | 5.35% Cap Rate

839 Winchester Ave
Martinsburg, WV 25401


HIGHLIGHTS

  • Consistent Residential Rentals
  • Long Term Tenant in Goin' Postal
  • Room to Expand
  • Current rent are below market
  • Actual Residential Rents should be appr. 3000 with Goin Postal at 1250 and Vacant at 1800

OVERVIEW

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 May 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.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$86 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

BC

APN/PARCEL ID

06-21-00260000

ASK ABOUT THIS PROPERTY

Adam ShivelySamson Properties Commercial DivisionMore Info
240-405-5575

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Adam ShivelySamson Properties Commercial DivisionMore Info
240-405-5575

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.