For Sale
$599,900

107 Princess St Shepherdstown, WV 25443

Historic Shepherdstown Pub & Apartments

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property in historic Shepherdstown, West Virginia, presents a unique investment opportunity. Located at 107 S Princess St, this 0.1-acre lot houses a thriving, established British pub, a two-bedroom, one-bathroom townhome (currently rented to a long-term tenant), and a one-bedroom, one-bathroom loft apartment. The main building, originally an 1880s carriage house, has been thoughtfully converted into its current configuration. The business is included in the asking price of $599,900, and current profit and loss statements are available for review. The pub's smaller kitchen could be expanded by incorporating space from the townhome's main level, and the loft apartment offers potential for additional restaurant seating. The property's prime location, two blocks from Shepherd University and less than a block from German Street, ensures high visibility and foot traffic. Seller financing may be available for qualified buyers with a strong industry track record, requiring a minimum $100,000 down payment and a balloon payment on the remainder at a mutually agreeable timeframe. This turnkey operation offers significant potential for growth and expansion within a vibrant and historic community. The three units provide diverse income streams, making this a compelling investment for both seasoned and aspiring entrepreneurs.

Highlights

  • Turnkey mixed-use property in historic Shepherdstown, WV, including a thriving British pub, a two-bedroom townhome (currently rented), and a one-bedroom loft apartment.
  • The property, a converted 1880s carriage house on a 0.1-acre lot, is listed at $599,900, including the established business. Financial statements are available.
  • Prime location: two blocks from Shepherd University and less than a block from German Street, ensuring high visibility and foot traffic.
  • Expansion potential: The pub's kitchen could be expanded using space from the townhome, and the loft could be converted into additional restaurant seating.
  • Seller financing may be available for qualified buyers with a strong industry track record, requiring a minimum $100,000 down payment and a balloon payment.

Property Details for 107 Princess St

Property type
Retail properties, Restaurants
Year Built
1880
Lot Size (sq. ft)
4,356 SF
Units
3

Location Insight

City
Shepherdstown
County
Jefferson
State
West Virginia
Latitude
39.4297715
Longitude
-77.8044054

FAQs

What type of property is this?
Retail property - Historic Shepherdstown Pub & Apartments
Where is the retail property located?
The property is located at 107 Princess St Shepherdstown, WV.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Turnkey mixed-use property in historic Shepherdstown, WV, including a thriving British pub, a two-bedroom townhome (currently rented), and a one-bedroom loft apartment.; The property, a converted 1880s carriage house on a 0.1-acre lot, is listed at $599,900, including the established business. Financial statements are available.; Prime location: two blocks from Shepherd University and less than a block from German Street, ensuring high visibility and foot traffic.
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107 Princess St
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