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    1315 W Washington St W Harpers Ferry, WV 25425

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    For Sale
    $599,000

    Renovated mixed-use property in historic Harpers Ferry with income potential.

    Type:Commercial
    Property size:
    1,850 SF
    Lot size:
    0.31 Acres
    Added:
    Jan 21, 2026
    Days on Market:
    95
    Last Refresh:
    Apr 5 at 9:13 pm

    Property Features for 1315 W Washington St W

    General Information

    Standard status
    Active
    Size
    1,850 SF
    Lot size
    0.31 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1940

    We can help!

    Listing Contact
    ANDREW D LOWE

    Listing agent ANDREW D LOWE

    Listing office PATH REALTY

    Listing date Jan 21, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of PATH REALTY

    Overview

    Harpers Ferry Mixed-Use Renovated Property

    Located in the heart of historic Harpers Ferry, this renovated Cape Cod property offers flexibility with zoning that supports residential, commercial, or mixed-use living. Redesigned and updated in 2025, the property blends character, modern function, and income potential. The home offers 1,848 square feet of finished space and is configured to function as a duplex with two private entrances. The layout is suited for short-term rentals, multi-generational living, or a home-based business. The main level features two updated kitchens, two laundry areas, three full baths, formal living and dining spaces, and a flex room. The property includes a turnkey Airbnb-style suite with a Murphy bed, full kitchen, walk-in shower, dedicated laundry, and dressing area. An oversized primary bedroom includes an updated ensuite bath. Upstairs, there are three additional rooms, a half bath, and a loft-style space. Two of the rooms include shower stalls and sinks. The property accommodates up to 10 guests. It is suited for living in one side while generating rental income from the other, multi-family or intergenerational living, or housing traveling professionals. The property was previously a spa and salon. Property highlights include a metal roof (2023), a new water heater (2025), nine off-street parking spaces plus street parking, a two-car garage, an outdoor living area, and a handicap-accessible ramp. The property is walkable to downtown Harpers Ferry, shops, dining, and trails.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Relax Hotel & Motel VIVO Salon & Suites, ... Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Building Supply Auto Repair Shop Pharmacy Auto Parts Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Harpers Ferry
    County
    Jefferson
    State
    West Virginia
    Longitude
    -77.7496
    Latitude
    39.3251

    Nearby Similar for Sale

    • $724,995
      3,623 SF

      Harpers Ferry Income Property

      Three detached units offer multiple income streams near Harpers Ferry.
      64-86-108 BEAMER Lane, HARPERS FERRY, WV 25425
      View Details
    • $3,000,000
      8,944 SF

      Harpers Ferry Funeral Home Opportunity

      Established funeral home on 5.5 acres, adaptable for various uses.
      256 HALLTOWN ROAD, HARPERS FERRY, WV 25425
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property in historic Harpers Ferry with income potential.
    Where is this mixed-use property located?
    The property is located at 1315 W Washington St W Harpers Ferry, WV.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Zoning allows for residential, commercial, or mixed‑use, providing exceptional flexibility.; **Fully renovated in 2025 with two kitchens, two laundry areas, and three full baths.**; **Turnkey Airbnb‑style suite with full kitchen, laundry, and private entrance for rental income or guests.**
    (304) 229-9359
    We can help!
    Listing Contact
    ANDREW D LOWE
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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