Equipped Restaurant with Covered
For Sale
Contact for pricing
4922 WILLIAMSPORT PIKE #3, Martinsburg, WV 25404
Restaurant space with a commercial kitchen, outdoor seating area, storage, parking, and shared restrooms.
Property Size2,112 SF
Price / SF$1.89
Days on Market117
Property Features for 4922 WILLIAMSPORT PIKE #3
General Information
Standard status
Active
Size
2,112 SF
Property subtype
Commercial
Amenities
solar panels
covered outdoor patio
commercial-grade kitchen
Building Details
Year Built
2017
Listing Agency:
Young & Associates
(304) 707-0086
Listed By:
Samantha Young · License #WVB190300575
(304) 500-7500
Source:
Cummingsrealtors
Added: Jul 1
Changed: Oct 25
Last Checked: Oct 24 at 5:43PM
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 Young & Associates
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Investment Insights
Based on property information with market context.
This 2,112-square-foot restaurant includes a dining room, a 688-square-foot covered patio, commercial-grade kitchen equipment, storage areas, and generous seating capacity. Restrooms are shared with the adjoining bar unit. The building was completed in 2017 and features Hardy Plank fiber cement siding, a stone veneer water table, and an owned solar panel system.
Located at 4922 Williamsport Pike #3 in Martinsburg, the property offers visibility, parking, and convenient access in the Spring Mills area. The existing restaurant layout can support continued food-service use or a redesigned concept, subject to applicable approvals.
Located at 4922 Williamsport Pike #3 in Martinsburg, the property offers visibility, parking, and convenient access in the Spring Mills area. The existing restaurant layout can support continued food-service use or a redesigned concept, subject to applicable approvals.
Key Highlights
- 2,112 SF restaurant with dining area and generous seating capacity
- 688 SF covered outdoor patio
- Fully equipped commercial‑grade kitchen with storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,571
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,420
$411.4K
Cap Rate 7%
$293,871
$293.9K
Cap Rate 9%
$228,567
$228.6K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$29.7K $14.04/SF
− Vacancy
−$2.2K −$1.05/SF
EGI
$27.4K $12.99/SF
− OpEx
−$6.9K −$3.25/SF
NOI
$20.6K $9.74/SF
Area
Berkeley County, WV
Vacancy
7.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,420
Cap Rate 7%
$293,871
Cap Rate 9%
$228,567
Alternative Uses
Best Use
Specialty Retail
$293.9K
$257.1K – $342.9K
NOI $20,571 @ 7.0% cap · market cap 514.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$382.3K
$334.5K – $446.1K
NOI $26,763 @ 7.0% cap · market cap 669.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
101k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 89%
Shops & Services 6%
Dining 5%
Walmart
Superstores
89,702 visits/mo
0.5 miles
Jersey Mike's Subs
Dining
5,356 visits/mo
0.5 miles
United Bank
Shops & Services
3,911 visits/mo
0.5 miles
MyEyeDr.
Shops & Services
2,312 visits/mo
0.4 miles
Demographics for 25404, WV
23,034
Population
9,973
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
37.9 sq mi
ZIP Area
608
Density / Sq Mi
$68,897
Median Household Income
$42,976
Median Earnings
$1,228
Median Rent
$226,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space with a commercial kitchen, outdoor seating area, storage, parking, and shared restrooms.
Where is this conventional restaurant located?
The property is located at 4922 WILLIAMSPORT PIKE #3 Martinsburg, WV.
What are key features of this property?
This property features: 2,112 SF restaurant with dining area and generous seating capacity; 688 SF covered outdoor patio; Fully equipped commercial‑grade kitchen with storage
