Freestanding Brick Office
604 WILSON Street, Martinsburg, WV 25401
For Sale
$399,167
Commercial Sale, MARTINSBURG, WV
Property Size3,468 SF
Lot Size0.28 Acres
Price / SF$115.10
Days on Market40
Property Features for 604 WILSON Street
General Information
Property type
Property subtype
Parking
Parking features
Elementary school district
Middle school district
High school district
Standard status
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
Level 2 EV charger
Building Details
Year built
Building materials
Buildings
Listing Agency:
Weichert Realtors - Blue Ribbon
Listed By:
Tracy C Adams · License #WV0028430
(304) 262-8700
Added: Sep 30
Changed: Nov 5
Last Checked: Nov 8 at 9:06AM
MLS# WVBE2054658
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This freestanding brick office property contains 3,468 square feet and was built in 1975. Improvements completed in November 2021 included the roof, heat pumps, and flooring; a Level 2 EV charger was installed in 2024. The site has 16 parking spaces and C zoning.
At 604 Wilson Street in Martinsburg, the property is minutes from I-81 Exit 12. Its prior configurations have included an orthodontic practice and a real estate brokerage office.
At 604 Wilson Street in Martinsburg, the property is minutes from I-81 Exit 12. Its prior configurations have included an orthodontic practice and a real estate brokerage office.
Key Highlights
- 3,468 SF freestanding brick office building
- 16 on‑site parking spaces
- Roof, heat pumps, and flooring updated in November 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,553
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,060
$671.1K
Cap Rate 7%
$479,329
$479.3K
Cap Rate 9%
$372,811
$372.8K
Market Conditions
NOI Build-Up for 3,468 SF
Gross rent
$52.0K $15.00/SF
− Vacancy
−$7.3K −$2.10/SF
EGI
$44.7K $12.90/SF
− OpEx
−$11.2K −$3.23/SF
NOI
$33.6K $9.68/SF
Area
Berkeley County, WV
Vacancy
14.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,060
Cap Rate 7%
$479,329
Cap Rate 9%
$372,811
Alternative Uses
Best Use
Office B
$479.3K
$419.4K – $559.2K
NOI $33,553 @ 7.0% cap · market cap 8.41%
Second Best
Healthcare Medical
$408.9K
$357.8K – $477.0K
NOI $28,621 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$627.8K
$549.3K – $732.4K
NOI $43,946 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - C-zoned office space includes on-site parking and a Level 2 EV charging station.
Where is this office building located?
The property is located at 604 WILSON Street Martinsburg, WV.
What is the asking price?
The asking price for this property is $399,167.
What are key features of this property?
This property features: 3,468 SF freestanding brick office building; 16 on‑site parking spaces; Roof, heat pumps, and flooring updated in November 2021
