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839 Winchester Ave

$599,900

839 Winchester Ave, Martinsburg, Wv 25401

Active
Last Updated: 02/08/2025

7

Cap Rate

41,400

NOI

Details:
Cap Rate:    7%
NOI:    $41,400
Building Size:    7,000 sqft
Year Built:    1940
Price Per Sqft:    $85.70
Zoning:    MIXED USE
Roof:    Metal
Highlights:
  • Days on Market: 79
  • Parking Features: Paved Parking
  • Heating: Heat Pump(s), Baseboard - Electric
Description:

Corner

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. Other Commercial space is vacant. Three apartments leased upstairs with separate accesses 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. Convert the vacant 1800 sq ft of retail for your own use and collect on all other units or pick it up as an investment and find the tenant for the vacant space quickly with parking and easy access from Route 9 and downtown. Property is in prime Martinsburg location.

Map:
Location
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