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Mixed-Use Property with Apartments
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502 W King St, Martinsburg, WV 25401

Combines multifamily housing with two ground-floor retail spaces in downtown Martinsburg.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market143

Property Features for 502 W King St

General Information

Standard status Active
Lot size 0.23 Acres
Property subtype Retail, Multifamily, Mixed Use

Units

Unit Mix 4 x 1BR, 4 x 2BR
Multifamily Units 8

Additional Details

Corner Location Yes

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Washington, D.C.
Listed By: Marty Zupancic · License #MD 631902
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:53PM

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 Marcus & Millichap - Washington, D.C.

Investment Insights

Based on property information with market context.

This mixed-use property combines eight multifamily apartments with two commercial spaces at street level. The residential component includes four one-bedroom units and four two-bedroom units, while the retail spaces measure 900 square feet and 500 square feet. Together, the configuration provides both apartment and storefront components within one asset.

The property occupies a 10,000-square-foot corner lot at 502 W King Street in downtown Martinsburg, West Virginia. Its central setting places residential and commercial uses in the same building, with the corner-site layout adding a distinct physical characteristic to the property.

Key Highlights

  • Eight multifamily units: four one‑bedroom and four two‑bedroom apartments
  • Two ground‑floor retail spaces measuring 900 square feet and 500 square feet
  • 10,000‑square‑foot corner lot

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Butcher Storage Facility Locksmith Travel Agency Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby

Demographics for 25401, WV

15,086
Population
6,841
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
2,601
Density / Sq Mi
$49,157
Median Household Income
$33,147
Median Earnings
$1,014
Median Rent
$221,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines multifamily housing with two ground-floor retail spaces in downtown Martinsburg.
Where is this mixed-use property located?
The property is located at 502 W King St Martinsburg, WV.
What are key features of this property?
This property features: Eight multifamily units: four one‑bedroom and four two‑bedroom apartments; Two ground‑floor retail spaces measuring 900 square feet and 500 square feet; 10,000‑square‑foot corner lot
(202) 536-3700 Call to check price and availability
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