107 Princess St Shepherdstown, WV 25443
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.