101 German St, Shepherdstown, WV 25443
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.
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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
Similar Nearby for Sale
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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.