$599,900

839 WINCHESTER AVE, Martinsburg, WV 25401

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 months ago

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.

Listing Status:
Pending
Listing Office:
Samson Properties : 3049305128
Listing Agent:
Jonathan A Shively : 2404055575
MLS ID:
WVBE2035068

This listing courtesy of Jonathan A Shively, Samson Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Winchester Avenue Elementary School

650 Winchester Ave, Martinsburg, WV, 25401

Grades PK-3

0.35 miles away

M

Martinsburg South Middle School

150 Bulldog Blvd, Martinsburg, WV, 25401

Grades 6-8

0.61 miles away

M

Martinsburg High School

701 S Queen St, Martinsburg, WV, 25401

Grades 9-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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