Versatile Mixed-Use Commercial
824 N Queen St Martinsburg, WV 25404
New
824 N Queen St, Martinsburg, WV, 25404
$550,000
For Sale
$550,000
Commercial building for sale with a flexible layout suitable for retail, office, or mixed-use.
Property Size6,600 SF
Price / SF$83.33
Days on Market3
Property Features for 824 N Queen St
General Information
- Standard status
- Active
- Size
- 6,600 SF
Building Details
- Year Built
- 1920
Listing agency
Samson Properties
(304) 620-8887
Listed by
Ya Ling Chen · License #WVS190300762
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 7:18PM Checked: Jul 21 at 7:18PM
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 Samson Properties
Investment Insights
Based on property information with market context.
For sale, this commercial building offers approximately 6,600 square feet of versatile space with a flexible layout that can support a range of business uses. The building is described as suitable for retail, office, or mixed-use concepts, with ample room for customization to fit different operational needs.
The property is located at 824 N Queen St in Martinsburg, West Virginia, in a well-traveled area and is presented as providing convenient access and visibility for prospective customers and clients.
The overall configuration is positioned for adaptability across professional services, medical-related use, retail, or service-based operations, subject to buyer and tenant requirements.
The property is located at 824 N Queen St in Martinsburg, West Virginia, in a well-traveled area and is presented as providing convenient access and visibility for prospective customers and clients.
The overall configuration is positioned for adaptability across professional services, medical-related use, retail, or service-based operations, subject to buyer and tenant requirements.
Key Highlights
- 6,600 sq ft commercial building for sale with a flexible layout
- Suitable for retail, office, or mixed‑use uses
- Year built: 1920
Local Financial Insights For Retail
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 | $65.7k | $9.96 |
| − Vacancy | −$4.9k | −$0.75 |
| EGI | $60.8k | $9.21 |
| − OpEx | −$18.2k | −$2.76 |
| NOI | $42.6k | $6.45 |
6,600 SF · lease $9.96/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$912.2K
$798.2K – $1.06M
NOI $63,855 @ 7.0% cap · market cap 11.61%
Second Best
Healthcare Medical
$778.1K
$680.9K – $907.8K
NOI $54,470 @ 7.0% cap · market cap 9.90%
Theoretical Best
Office A
$1.19M
$1.05M – $1.39M
NOI $83,635 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Commercial building for sale with a flexible layout suitable for retail, office, or mixed-use.
Where is this office building located?
The property is located at 824 N Queen St Martinsburg, WV.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 6,600 sq ft commercial building for sale with a flexible layout; Suitable for retail, office, or mixed‑use uses; Year built: 1920
