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Property profile

107 Princess St Shepherdstown, WV 25443

OFF-MARKET
Retail properties & Spaces
0.1 ac lot Built 1880
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1880
Lot 0.1 ac (4,356 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

107 Princess St Shepherdstown, WV 25443
Shepherdstown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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