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Versatile Commercial Property on Winchester Ave

1886 Winchester Ave Martinsburg, WV 25405

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Three buildings on 0.90 acres, high-traffic area, endless possibilities.

Type:Mixed Use
Property size:
10,300 SF
Lot size:
0.90 Acres
Price / SF:
$87/SF
Added:
Mar 30, 2026
Days on Market:
105
Last Refresh:
Jul 2 at 5:39 am

Property Features for 1886 Winchester Ave

General Information

Standard status
Active
Size
10,300 SF
Lot size
0.90 Acres
Property subtype
Mixed Use

Listing office Hoffman Realty

Listing date Mar 30, 2026

Source Crexi

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 Hoffman Realty


Investment Insights

Based on property information with market context.

This commercial property features over 10,000 square feet of space distributed across three buildings, situated on approximately 0.90 acres. The property is located in a high-traffic area, offering visibility and accessibility, and is near major employers such as Procter & Gamble and Clorox, as well as I81 and Rt 9. The main building provides approximately 7,000 square feet suitable for various business operations. A rear shop offers an additional 2,500 square feet, which can be used for storage, production, or as a workshop. There is also a separate 800-square-foot garage. The property was previously used as a tire and auto body shop, and it presents opportunities for investors or business owners looking to expand or establish a presence in a commercial corridor.

Key Highlights

  • High‑traffic location offering excellent visibility and accessibility.
  • Over 10,000 sq ft across three buildings.
  • Proximity to major employers and transportation.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $92.7k $9.00
− Vacancy −$7.7k −$0.75
EGI $85.0k $8.25
− OpEx −$12.8k −$1.24
NOI $72.3k $7.02
10,300 SF · lease $9.00/SF/yr · vacancy 8.30% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.03M
$903.2K – $1.20M (±1% cap)
NOI $72,255 @ 7.0% cap · market cap 8.03%
Second Best
Mixed Use
$1.00M
$878.7K – $1.17M (±1% cap)
NOI $70,298 @ 7.0% cap · market cap 7.81%
Theoretical Best
Office A
$1.86M
$1.63M – $2.18M (±1% cap)
NOI $130,522 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Cafe & Coffee Shop Garden Center Auto Parts Store Grocery & Convenience Store Pet Grooming Service HVAC Service Daycare Center

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

FAQs

What type of property is this?
Mixed-use property - Three buildings on 0.90 acres, high-traffic area, endless possibilities.
Where is this mixed-use property located?
The property is located at 1886 Winchester Ave Martinsburg, WV.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: High‑traffic location offering excellent visibility and accessibility.; Over 10,000 sq ft across three buildings.; Proximity to major employers and transportation.
Contact an agent
(304) 671-4839 Call to check price and availability
More about this property
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