For Sale
$570,000

101 German St Shepherdstown, WV 25443

Prime Downtown WV Retail & Multi-Family

Overview

Added:
Dec 11, 2024
Days on market:
137
This unique investment opportunity presents a captivating blend of history and potential. Located in the heart of Shepherdstown, West Virginia's oldest town, this four-story, 5,131 square foot building, constructed in 1780 and renovated in 1966, sits on a 0.09-acre lot and boasts a mixed commercial/residential zoning (MIXED - C / RESIDENTIAL). Currently operating at 100% occupancy, the property features a ground-floor commercial space ideal for a restaurant, coffee shop, or similar venture, benefiting from high foot traffic. Upstairs, a charming three-bedroom, one-bathroom apartment offers comfortable living space. An additional one-bedroom, one-bathroom apartment at 102 King Street is included, providing further rental income potential. The property's rich history, prime location, and versatile layout offer a significant opportunity for a savvy investor to revitalize a historic landmark while capitalizing on the thriving Shepherdstown market. The asking price is $570,000, translating to $111.09 per square foot. This fee-simple ownership presents a rare chance to own a piece of West Virginia history with substantial upside potential. The property's unique character and location make it an exceptional investment opportunity.

Highlights

  • $570,000 asking price for this multi-tenant retail property.
  • 5,131 square feet on a 0.09-acre lot in downtown Shepherdstown, WV.
  • 100% occupancy with a mix of commercial and residential tenants.
  • Built in 1780, renovated in 1966, featuring four stories and MIXED - C / RESIDENTIAL zoning.
  • Fee simple ownership.

Property Details for 101 German St

Property type
Retail properties
Square Feet
5,131 SF
Year Built/Renovated
1780/1966
Stories
4
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Shepherdstown
County
Jefferson
State
West Virginia
Latitude
39.4309997
Longitude
-77.8059243

FAQs

What type of property is this?
Retail property - Prime Downtown WV Retail & Multi-Family
Where is the retail property located?
The property is located at 101 German St Shepherdstown, WV.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: $570,000 asking price for this multi-tenant retail property.; 5,131 square feet on a 0.09-acre lot in downtown Shepherdstown, WV.; 100% occupancy with a mix of commercial and residential tenants.
How can I contact the broker?
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101 German St
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