Listed By:
Coldwell Banker Premier
Address
120 N Princess Street, Shepherdstown, WV
Price
$ 599,999
Property Attributes
  • MLS#WVJF2009296
  • TypeCommercial
  • CountyJEFFERSON
  • CityShepherdstown
  • Zip25443
  • StyleBed and Breakfast,Day Care Facility,Hair Salon and
  • Price$ 599,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5911
  • Lot Size6,098 SqFt
Data Source:
Bright MLS
Property Description

Reduced Price!!! Prime Commercial/Residential Property in Downtown Shepherdstown Location: Located in the heart of historic downtown Shepherdstown, this versatile property offers the perfect blend of commercial and residential potential. Situated just a short drive from Washington DC and within close proximity to Shepherd University, it presents an exceptional opportunity for investors, entrepreneurs, and those seeking a vibrant urban lifestyle. Property Features: Flexible Usage: Zoned for both commercial and residential purposes, this property is suitable for a variety of uses, including retail, office space, residential apartments, or a combination thereof. Off-Street Parking: Enjoy the convenience of off-street parking, a rare find in downtown Shepherdstown, ensuring ease of access for customers, tenants, or residents. Downtown Convenience: Experience the charm and convenience of downtown living with easy access to shops, restaurants, entertainment venues, and cultural attractions just steps away. University Proximity: With Shepherd University located nearby, the property benefits from the energy and vitality of a bustling university campus, providing potential opportunities for student housing, retail, or educational services. Investment Potential: High Demand Location: Shepherdstown's proximity to Washington DC, coupled with its vibrant downtown atmosphere and university setting, makes it a highly desirable destination for residents, students, and visitors alike. Strong Rental Market: Take advantage of the steady demand for commercial and residential properties in this thriving area, offering the potential for lucrative rental income and long-term appreciation. Development Opportunities: Explore the potential for redevelopment or adaptive reuse to maximize the property's value and capitalize on the growing demand for mixed-use properties in downtown settings. Don't Miss Out: Seize this rare opportunity to own a piece of downtown Shepherdstown's dynamic real estate market. Whether you're an investor looking for a profitable venture, a business owner seeking a prime location, or a homeowner craving urban convenience, this property offers endless possibilities. Schedule a viewing today and envision the limitless potential of this prime commercial/residential property in the heart of Shepherdstown. The rear lot with the barn does convey with this property.

Price History
9/30/2023 Listed $775,000
11/12/2023 17% - $649,000
3/18/2024 8% - $599,999

General Features

Sewer Public Sewer
Heating Central,Forced Air
Cooling Central A/C
Possession Settlement
Roof Shingle
Zoning 613
Security Features Fire Detection System,Smoke Detector
Construction Materials Brick,Concrete,Stone
Year Built 1945
Property SubType Office
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric,Bottled Gas
Business Type Bed and Breakfast,Day Care Facility,Hair Salon and Spa,Medical,Other/General Retail,Professional,Other
Accessibility 2+ Access Exits,Accessible Switches/Outlets,36 + wide Halls
County JEFFERSON
New Construction No
Property Type Commercial Sale
Possible Use Apartment Building,Bed & Breakfast,Commercial,Day Care,Financial,Flex Space,Florist/Nursery,Investment,Medical/Dental,Office,Printing,Professional Service,Residential,Retail,Special Purpose
Water Access Y/N No
Transportation Commuter Rail Station 1 to 5 miles
Status ACTIVE
Directions From E German St turn left onto Princess St
ModificationTimestamp 2024-04-30T09:29:35
City SHEPHERDSTOWN
Buyer Agent Compensation 2.5
Total Units 1
Lot Size Square Feet 5911.00
Tax Assessed Value 367200.0
Waterfront Y/N No
Street Name PRINCESS
Tax Annual Amount 0.0
Property Condition Very Good
Price Per Sq Ft 244.9
Acceptable Financing Cash,Conventional,FHA,USDA,VA
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 215
Standard Status Active
Year Built Source Assessor
Tax Lot #
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric,Propane - Leased
Flooring Carpet,Hardwood
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes
Total Restrooms 2

Exterior Features

Parking Features Handicap Parking,Lighted Parking,Paved Parking,Private
Water Source Public
Total Parking Spaces 8
Type of Parking On Street,Parking Lot
Land Use Code 004
Foundation Details Stone,Permanent
Water View Y/N No
Building Area Total 2450.00
Lot Size Acres 0.14
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 118300.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
Car Parking Spaces 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 25443

Price
AVG $1.24M
$600K
Visits
AVG 200
85
Data Provided by Inside Real Estate®
Year Built
AVG 1924
1945

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