4922 Williamsport PikeMartinsburg, WV 25404

Property Details for 4922 Williamsport Pike

Lot size

1.02 AC

Property type

Retail properties

Property subtype

Strip malls

APN

02-02- 14-0014.0000

APU

2021400140000

Description

This exceptional 7,000 square foot restaurant and bar is located at 4922 Williamsport Pike in Martinsburg, West Virginia, offering significant visibility and frontage along Route 11. Built in 2016 and renovated in 2017, the property sits on a 1.02-acre lot and features a single-story building. The interior is divided into three distinct areas: a restaurant, a bar, and a billiards area, all fully equipped and ready for immediate operation. The turnkey nature of this property includes a fully built-out kitchen and bar. The seller is open to both sale and lease options, with all equipment included in the transaction. This prime location benefits from high traffic counts, with over 61,463 vehicles daily on I-81 (Exit 20 is 0.8 miles away) and over 12,688 vehicles daily on Route 11. Nearby amenities include Medicine Urgent Care and Valley Health Urgent Care, less than a mile away. The property enjoys exceptional signage opportunities and easy accessibility. Martinsburg's strategic location provides easy access to major cities such as Baltimore, Washington D.C., Philadelphia, and Pittsburgh, all within a 2-4 hour drive. The asking price is $1,300,000, with a price per square foot of $185.71. This presents a unique opportunity for a restaurant/bar operator seeking a high-traffic, established location in a rapidly growing area of Berkeley County.

• CAP approach

  CAP return

  Valuation

  6%

  $15,545,299

  6.5%

  $14,349,507

  7%

  $13,324,542

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,386,506

  Geo Method

  $22,386,506

• Alternative Use

  Use

  Valuation

  Residential

  $12,104,346

  Hospitality

  $11,087,516

  Educational

  $9,224,683

  Medical

  $9,541,934

  Retail

  $14,349,507

Location Insight

City

Martinsburg

County

Berkeley

State

West Virginia

Latitude

39.5357

Longitude

-77.9101

CBSA code

25180

CBSA name

HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@paperhouses.co and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@paperhouses.co.