Listed By:
Touchstone Realty, LLC
Address
1024 Winchester Avenue, Martinsburg, WV
Price
$ 1,680,000
Property Attributes
  • MLS#WVBE2029638
  • TypeCommercial
  • CountyBERKELEY
  • CityMartinsburg
  • Zip25401
  • StyleHotel/Motel
  • Year Built1965
  • Taxes$ 3850
  • Price$ 1,680,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7600
  • Lot Size1 Acres
Data Source:
Bright MLS
Property Description

Perfect Investment Property. Established Very profitable Hotel in Martinsburg. 19 Motel Rooms and a 2 bedroom apartment with living room and laundry. A laundry room with pay washers and dryers. 20 plus parking spaces. Vacancy rate is less that 2%.

Price History
5/21/2024 Listed $1,680,000

General Features

Sewer Public Sewer
Heating Wall Unit
Cooling Wall Unit
Possession 0-30 Days CD
Roof Shingle
Zoning 102
Construction Materials Concrete
Year Built 1965
Electric 200+ Amp Service
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 314000.00
Business Type Hotel/Motel
Accessibility 32 + wide Doors
County BERKELEY
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions Rt. 11N past Rt. 9 (Apple Harvest Drive) stop light to property on the right
ModificationTimestamp 2024-05-20T19:30:08
City MARTINSBURG
Buyer Agent Compensation 2.5
Zoning Description Hotel
Lot Size Square Feet 43560.00
Tax Assessed Value 520800.0
Waterfront Y/N No
Street Name WINCHESTER
Tax Annual Amount 3850.39
Property Condition Excellent
Price Per Sq Ft Total 221.05
Historic Y/N No
Vacation Rental Y/N No
Days on Market 1
Standard Status Active
Year Built Source Estimated
Tax Lot 44.2 & 44.3
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Flooring Carpet
Hot Water Electric
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No

Exterior Features

Water Source Public
Total Parking Spaces 20
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 7600.00
Lot Size Acres 1.00
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 20

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 25401

Price
AVG $240K
$1.68M
Taxes
AVG $3,030
$3,850
Visits
AVG 102
77
Data Provided by Inside Real Estate®
Year Built
AVG 1934
1965

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