Address
33 N Washington Street, Berkeley Springs, WV
Price
$ 1,500,000
Property Attributes
- MLS#WVMO2003840
- TypeCommercial
- CountyMORGAN
- CityBerkeley Springs
- Zip25411
- StyleRestaurant/Bar,Bed and Breakfast,Apartment Buildin
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11892
- Lot Size11,761 SqFt
Data Source:
Bright MLS
Property Description
MIXED USE INVESTMENT OPPORTUNITY in the heart of downtown Berkeley Springs. This building spans about a quarter of a city block and is situated across from the courthouse. A local landmark and downtown staple, this historic building was home to the former restaurant known as Tari's Cafe. This restaurant and bar is turn-key and ready for operation. Just bring your menu and hire your staff! ALL trade equipment is present and ALL conveys. There is a large storage area upstairs loaded with additional catering and trade equipment/supplies that ALL convey as well. NEXT, on the main level there is also a prime location commercial storefront to provide you with more revenue. But, there's more! THE UPPER LEVEL boasts multiple sections of residential living space for cash-flow! On one half of the building you'll find an expansive 2BR/1BA living quarters with a kitchen with walk-in pantry, formal dining room, living room, family room with access to the rooftop, laundry room, entryway foyer, and a sitting room. This could serve nicely as a residence for the owner or restaurant manager. Rounding out this side, additionally you'll find 4 "bed and breakfast" rooms (three 1BR/1BA and one 2BR/1BA). Being in the heart of downtown lends itself as the IDEAL location for vacation rentals! Moving over the other side of the building you'll find even more income potential! This space is still unfinished (but does have existing bathrooms, plumbing, and rooms) and can be built-out to suit whatever idea you can dream up. The upper level has inside access but also a separate (and more formal) outside entrance from the street front, lending itself to a multitude of uses. Perhaps you'd want this to be office flex space? ...or one large apartment?... or 2-3 smaller apartments?... or more bed and breakfast rooms? Berkeley Springs is surrounded by West Virginia's splendid outdoors and home to Americas first spa with the largest open display of thermal water in the Blue Ridge. Along with its renowned warm mineral springs it has an amazing art scene, an annual 2-day Apple Butter festival founded in 1973, and is a friendly haven to tourists, drawing hundreds of thousands of visitors each year. Don't let this amazing opportunity in this charming tourist location pass you by. Schedule your private tour today.
| Price History | |
|---|---|
| 11/18/2023 | Listed $1,990,000 |
| 12/13/2023 | 13% - $1,750,000 |
| 1/17/2024 | 15% - $1,500,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator |
| Cooling | Central A/C |
| Possession | Settlement |
| Zoning | 371 |
| Construction Materials | Block |
| Year Built | 1925 |
| Property SubType | Mixed Use |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Restaurant/Bar,Bed and Breakfast,Apartment Building,Other/General Retail |
| Accessibility | None |
| County | MORGAN |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Restaurant,Bar/Tavern/Lounge,Apartments,Bed & Breakfast,Retail,Flex Space |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | GPS is accurate. |
| ModificationTimestamp | 2024-04-17T14:07:07 |
| City | BERKELEY SPRINGS |
| Buyer Agent Compensation | 2.5 |
| Body of Water | Warm Spring Run |
| Disclosures | Historic Property,Flood Zone |
| Lot Size Square Feet | 11892.00 |
| Tax Assessed Value | 321100.0 |
| Waterfront Y/N | No |
| Street Name | WASHINGTON |
| Tax Annual Amount | 0.0 |
| Price Per Sq Ft | 126.14 |
| Historic Y/N | Yes |
| Vacation Rental Y/N | No |
| Days on Market | 119 |
| Location Type | Downtown |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 77-78 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | All contents within,including all trade equipment for the restaurant and bar,and any restaurant related items in storage. |
| Total Parking Spaces | 20 |
| Type of Parking | On Street |
| Land Use Code | 014 |
| Water View Y/N | No |
| Building Area Total | 11892.00 |
| Lot Size Acres | 0.27 |
| Water Body Type | Creek |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 52000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | Yes |
| 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 25411
Price
Visits
Year Built
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