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    116 W Martin St Martinsburg, WV 25401

    Sponsored
    For Lease
    $1,500 /Mo ($2 SF/Yr)

    CommercialLease - MARTINSBURG, WV

    Type:Retail
    Lot size:
    0.18 Acres
    Days on Market:
    120
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 116 W Martin St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    1
    Parking features
    Parking Lot, On Street
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1940
    Building materials
    Wood Siding

    ERA OakCrest Realty (540) 665-0360 [email protected]

    Listing agent James, Jr. V Lopez (304) 728-2000 License #WV0026922

    Listing date Sep 8, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Space in Martinsburg

    This renovated retail space is located one block from Queen Street in downtown Martinsburg, West Virginia. The space features high ceilings, fresh paint, new flooring, and a new HVAC system. Expansive windows provide natural light. The gross lease structure simplifies budgeting. The lot size is 0.18 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eastern Panhandle Recovery ... Foundation

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martinsburg
    County
    Berkeley
    State
    West Virginia
    Longitude
    -77.9638
    Latitude
    39.45899

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    FAQs

    What type of property is this?
    Retail space - Renovated retail space near Queen Street, downtown Martinsburg, West Virginia.
    Where is this retail space located?
    The property is located at 116 W Martin St Martinsburg, WV.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location just one block from Queen Street.; - Newly renovated with fresh paint, new flooring, and state-of-the-art HVAC.; - **High ceilings and expansive windows providing abundant natural light.**
    (304) 671-1555
    Request Owner's contact information
    116 W Martin St Martinsburg, WV 25401
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    Martinsburg, WV 25401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 W Martin St Martinsburg, WV 25401
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