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    OFF-MARKET
    Retail properties & Spaces

    101 German St, Shepherdstown, WV 25443

    5,131 SF 0.09 ac lot Built 1780
    Property ID
    Property summary
    AI-generated overview

    This unique investment opportunity presents a captivating blend of history and potential. Located in the heart of Shepherdstown, West Virginia's oldest town, this four-story, 5,131 square foot building, constructed in 1780 and renovated in 1966, sits on a 0.09-acre lot and boasts a mixed commercial/residential zoning (MIXED - C / RESIDENTIAL). Currently operating at 100% occupancy, the property features a ground-floor commercial space ideal for a restaurant, coffee shop, or similar venture, benefiting from high foot traffic. Upstairs, a charming three-bedroom, one-bathroom apartment offers comfortable living space. An additional one-bedroom, one-bathroom apartment at 102 King Street is included, providing further rental income potential. The property's rich history, prime location, and versatile layout offer a significant opportunity for a savvy investor to revitalize a historic landmark while capitalizing on the thriving Shepherdstown market. The asking price is $570,000, translating to $111.09 per square foot. This fee-simple ownership presents a rare chance to own a piece of West Virginia history with substantial upside potential. The property's unique character and location make it an exceptional investment opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1780
    Total area 5,131 SF
    Lot 0.09 ac (3,920 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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