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    OFF-MARKET
    Office buildings

    24 Nationwide Ln, Berkeley Springs, WV 25411-9224

    0.51 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US94-0535524
    Property summary
    AI-generated overview

    This exceptional commercial property at 24 Nationwide Ln, Berkeley Springs, WV 25411, presents a unique investment opportunity. The 1,215 square foot building sits on a desirable 0.51-acre lot, providing ample parking. Currently operating at 100% occupancy, the property offers immediate income potential. Its mixed-use zoning allows for diverse business ventures. Currently configured as an insurance office, the space previously housed a hair salon, demonstrating its adaptability to various commercial uses. The possibilities are numerous, including additional office space, retail, or other service-oriented businesses. Located conveniently near the newly constructed 522 bypass, this property benefits from high visibility and significant through traffic, while still maintaining the charm and accessibility of downtown Berkeley Springs. This strategic location combines the best of both worlds, offering a blend of historical appeal and modern convenience. The asking price for this established commercial building is $359,900. This is an ideal investment for those seeking to capitalize on the growth and development within the Berkeley Springs area. Don't miss this chance to own a thriving commercial property in a prime location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.51 ac (22,216 SF)
    APN 33-02- 10-0025.0001
    UPID US94-0535524
    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
    • Burnell Insurance Agency Insurance Agency
    • Nationwide Insurance: Burnell Insurance Agency Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jmb Workspace Rentals LLC · 2 yrs held
    Jmb Workspace Rentals LLC
    since 2024
    2 recorded transactions
    2024
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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