Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    201 Water St Martinsburg, WV 25401

    Sponsored
    For Sale
    $475,000

    3,450 sq ft, 4-unit potential

    Property size:
    3,450 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3,450 square foot mixed-use property at 201 Water Street S, Martinsburg, WV, presents a unique investment opportunity. Currently operating as a highly-rated four-unit Airbnb, this one-level building offers immediate income potential. Three private suites feature queen-sized beds and ensuite bathrooms, while a fourth suite includes a two-bedroom layout and a roll-in shower, making it ideal for accessible accommodations. The property's features are well-suited for conversion into an elder care facility, with existing handicap accessibility and ample support spaces. A commercial-grade kitchen, complete with a hood system and all essential appliances, is complemented by a gym, office, storage room, and supply room. New laundry equipment and an additional refrigerator enhance functionality. Safety features include fire sprinklers and a water treatment system. The property sits on a 0.33-acre lot and boasts a durable new roof, minimizing future maintenance costs. This turnkey operation offers immediate returns and significant long-term potential for various uses, including hospitality, senior living, or a boutique retreat center. The property's versatility and move-in ready condition make it an attractive investment for entrepreneurs and visionaries alike. Priced at $475,000.

    Property Features for 201 Water St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,450 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1989
    Property Profile Location Intelligence

    Current Use by Public Records

    Rescare Homecare Home Health Care Service

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -77.96176
    Latitude
    39.45556

    Nearby Similar for Sale

    • New
      $599,000
      3,080 SF

      Spacious Ranch with In-Law Suite

      Five-bedroom rancher with in-law suite and flexible living spaces.
      210 Aylesbury Ln, Martinsburg, WV 25403
      View Details
    • $234,900
      0.03 Acres

      Downtown Martinsburg Commercial Opportunity

      Updated commercial space in downtown Martinsburg, suitable for various businesses.
      121 N College St, Martinsburg, WV 25401
      View Details
    • $550,000
      1.39 Acres

      Medical Office Space Near Hospital

      Prime medical office space near hospital and commuter routes.
      176 Health Care Ln, Martinsburg, WV 25401
      View Details
    • $139,900
      1.40 Acres

      Unrestricted Land with Single-Wide Trailer

      Single-wide trailer on 1.4 acres in a country setting.
      574 Myers Bridge Rd, Martinsburg, WV 25404
      View Details
    • $1,800,000

      Profitable Motel Investment Opportunity

      Turnkey 19-room motel with low vacancy in Martinsburg, WV.
      1024 Winchester Ave, Martinsburg, WV 25401
      View Details
    • $724,900

      Renovated Office Building in Medical Corridor

      Turnkey commercial office in Martinsburg's medical corridor, fully renovated in 2022.
      302 Rock Cliff Dr, Martinsburg, WV 25401
      View Details
    • $475,000

      Historic Martinsburg Building For Sale

      Iconic 1920 building in Martinsburg's Historic District.
      134 S Queen St, Martinsburg, WV 25401
      View Details
    • $415,000

      Versatile Commercial Building For Sale

      6,572 sq ft commercial building in high-traffic area.
      340 Hack Wilson Way, Martinsburg, WV 25401
      View Details
    • $275,000

      New Duplex with Modern Finishes

      Three-bedroom duplex with modern finishes and potential for expansion.
      126 Marineris Cir, Martinsburg, WV 25405
      View Details
    • $1,250,000

      Martinsburg Commercial Space For Sale

      Large commercial space ideal for medical or professional office use.
      1001 Sushruta Dr, Martinsburg, WV 25401
      View Details
    • $580,000

      Multi-Building Investment Opportunity

      Four buildings with three apartments, offering income and expansion potential.
      38-39-51 Karns Ct, Martinsburg, WV 25401
      View Details
    • $335,000

      Prime Location with Development Potential

      Heavily traveled intersection with great visibility and development potential.
      88 Mid Atlantic Pkwy, Martinsburg, WV 25404
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 3,450 sq ft, 4-unit potential
    Where is this mixed-use property located?
    The property is located at 201 Water St Martinsburg, WV.
    What is the asking price?
    The asking price for this property is $475,000.
    (304) 728-2000
    Request Owner's contact information
    201 Water St Martinsburg, WV 25401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 Water St
    Martinsburg, WV 25401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    201 Water St Martinsburg, WV 25401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.