98 Washington StBerkeley Springs, WV 25411
- Retail properties
- 2,995 SF
Property Details for 98 Washington St
- Year built
- 1902
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 2,995 SF
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 33-03- 1A-0020.0000
- APU
- 33031A00200000
Description
This stunning remodeled Grand Victorian building at 98 N Washington St, Berkeley Springs, WV 25411, presents a unique mixed-use opportunity in the heart of downtown. Priced at $449,000, this property boasts a versatile layout ideal for a variety of commercial and residential ventures. The main level features a formal entry foyer, a full bar, a dining area comfortably seating 50+, a commercial kitchen, and two half baths. Additional seating is available at both the indoor and outdoor bar areas. Upstairs, discover three bedrooms each with its own attached bathroom, plus an office space that could easily function as a fourth bedroom and a convenient laundry room. A detached building provides ample storage space. The property's central downtown location offers exceptional visibility and accessibility. Its adaptable design lends itself to numerous uses, including a bed and breakfast, restaurant/bar, AirBnB, or even conversion back to a solely residential dwelling. The possibilities are truly endless for the discerning buyer seeking a prime location and a beautifully restored historic property. This is a rare opportunity to own a piece of Berkeley Springs' vibrant downtown.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,047,876
- 6.5%
- $967,270
- 7%
- $898,179
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,509,027
- Geo Method
- $1,509,027
-
Alternative Use
- Use
- Valuation
- Residential
- $815,928
- Hospitality
- $747,386
- Educational
- $621,816
- Medical
- $643,202
- Retail
- $967,270
Location Insight
- City
- Berkeley Springs
- County
- Morgan
- State
- West Virginia
- Latitude
- 39.6281
- Longitude
- -78.2265
- CBSA code
- 25180
- CBSA name
- HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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