Property profile

101 German St Shepherdstown, WV 25443

OFF-MARKET
Retail properties & Spaces
5,131 SF 0.09 ac lot Built 1780
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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

Location

101 German St Shepherdstown, WV 25443
Shepherdstown metro
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Value estimations

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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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