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    839 Winchester Ave Martinsburg, WV 25401

    Sponsored
    For Sale
    $599,900

    High-yield retail & residential property

    Property size:
    7,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 7,000 square foot mixed-use property at 839 Winchester Avenue, Martinsburg, WV, presents a lucrative investment opportunity. Situated on a 0.29-acre lot, this prime location offers easy access to Route 9 and downtown Martinsburg. The building is in excellent condition and currently generates strong rental income. A significant portion of the retail space (1,700 sq ft) is leased to Goin' Postal until September 2027, providing immediate cash flow. Three separate apartments, each with its own access, occupy the upper level and are currently leased on a month-to-month basis. These apartments offer additional income streams with potential for rent increases. The remaining 1,800 square feet of vacant retail space provides significant upside potential. This space could be utilized by a new owner or leased to generate additional rental income. The property boasts ample parking, making it highly attractive to both tenants and customers. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location with significant growth potential. The strong existing tenancy and prime location make this an ideal investment for both seasoned investors and those seeking a stable, high-return asset. Don't miss this chance to secure a valuable piece of Martinsburg real estate.

    Property Features for 839 Winchester Ave

    General Information

    Property type
    Retail properties
    Square Feet
    7,000 SF
    Lot Size
    12,632 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    HAMR Bats Sporting Goods Store Goin' Postal Shipping And Mailing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Martinsburg
    County
    BERKELEY
    State
    West Virginia
    Longitude
    -77.98019
    Latitude
    39.44831

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    FAQs

    What type of property is this?
    Retail property - High-yield retail & residential property
    Where is this retail property located?
    The property is located at 839 Winchester Ave Martinsburg, WV.
    What is the asking price?
    The asking price for this property is $599,900.
    (304) 930-5128
    Request Owner's contact information
    839 Winchester Ave 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
    839 Winchester Ave Martinsburg, WV 25401
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