107 Princess St, Shepherdstown, WV 25443

Property Details for 107 Princess St

Year built

1880

Lot size

0.10 lot acres

Property type

Retail properties & Spaces

Property subtype

Restaurants

Description

This exceptional mixed-use property in historic Shepherdstown, West Virginia, presents a unique investment opportunity. Located at 107 S Princess St, this 0.1-acre lot houses a thriving, established British pub, a two-bedroom, one-bathroom townhome (currently rented to a long-term tenant), and a one-bedroom, one-bathroom loft apartment. The main building, originally an 1880s carriage house, has been thoughtfully converted into its current configuration. The business is included in the asking price of $599,900, and current profit and loss statements are available for review. The pub's smaller kitchen could be expanded by incorporating space from the townhome's main level, and the loft apartment offers potential for additional restaurant seating. The property's prime location, two blocks from Shepherd University and less than a block from German Street, ensures high visibility and foot traffic. Seller financing may be available for qualified buyers with a strong industry track record, requiring a minimum $100,000 down payment and a balloon payment on the remainder at a mutually agreeable timeframe. This turnkey operation offers significant potential for growth and expansion within a vibrant and historic community. The three units provide diverse income streams, making this a compelling investment for both seasoned and aspiring entrepreneurs.

Location Insight

City

Shepherdstown

County

Jefferson

State

West Virginia

Longitude

-77.8044

Latitude

39.4298