For Sale
$475,000

201 Water StMartinsburg, WV 25401

3,450 sq ft, 4-unit potential

Overview

Added:
Feb 3
Days on market:
64
This exceptional 3,450 square foot mixed-use property at 201 Water Street S, Martinsburg, WV, presents a unique investment opportunity. Currently operating as a highly-rated four-unit Airbnb, this one-level building offers immediate income potential. Three private suites feature queen-sized beds and ensuite bathrooms, while a fourth suite includes a two-bedroom layout and a roll-in shower, making it ideal for accessible accommodations. The property's features are well-suited for conversion into an elder care facility, with existing handicap accessibility and ample support spaces. A commercial-grade kitchen, complete with a hood system and all essential appliances, is complemented by a gym, office, storage room, and supply room. New laundry equipment and an additional refrigerator enhance functionality. Safety features include fire sprinklers and a water treatment system. The property sits on a 0.33-acre lot and boasts a durable new roof, minimizing future maintenance costs. This turnkey operation offers immediate returns and significant long-term potential for various uses, including hospitality, senior living, or a boutique retreat center. The property's versatility and move-in ready condition make it an attractive investment for entrepreneurs and visionaries alike. Priced at $475,000.

Property Details for 201 Water St

Property type
Mixed-use properties
Square Feet
3,450 SF
Year Built
1989
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Martinsburg
County
Berkeley
State
West Virginia
Latitude
39.45556
Longitude
-77.96176
201 Water St, Martinsburg, West Virginia

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201 Water St
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