Bought with Jonathan A Shively • Samson Properties
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839 WINCHESTER AVE Martinsburg, WV 25401
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Key Details
Sold Price $562,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID WVBE2035068
Sold Date 10/15/25
Year Built 1940
Annual Tax Amount $5,820
Tax Year 2024
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Retail
Source BRIGHT
Property Description
FULLY LEASED! Great commercial/residential mixed use opportunity in the outskirts of Martinsburg. Current lease in place for 1700 sq ft on main level to Goin' Postal until September of 2027. 1750 sq ft space to Right is Leased through 2030 at 1500 per month. One apartment upstairs (839 1/2 Winchester) is leased at 1200 per month for 1 year through August 2026. Other two apartments leased upstairs with separate accesses are month to month. Rents have room to increase, but tenants are all long term and all tenants pay on or before first of the month. Building is in great shape. Overall Cap Rate is close to 9% with parking and easy access from Route 9 and downtown. Property is in prime Martinsburg location.
Location
State WV
County Berkeley
Zoning MIXED USE
Interior
Hot Water Electric
Heating Heat Pump(s), Baseboard - Electric
Cooling Heat Pump(s), Window Unit(s)
Flooring Carpet, Hardwood, Luxury Vinyl Plank
Heat Source Electric
Exterior
Garage Spaces 24.0
Utilities Available Above Ground, Cable TV, Phone Available, Phone
Water Access N
Roof Type Metal
Accessibility 2+ Access Exits, 32\"+ wide Doors, Entry Slope <1'
Total Parking Spaces 24
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Berkeley County Schools
Others
Tax ID 06 21002600000000
Ownership Fee Simple
Acceptable Financing Conventional, Bank Portfolio, Cash
Listing Terms Conventional, Bank Portfolio, Cash
Financing Conventional,Bank Portfolio,Cash
Special Listing Condition Standard
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