311 Maple Ave, Unit 313 Martinsburg, WV 25401-3412
- Other commercial real estate
- 10,800 SF
- 0.23 lot acres
Current Use by Public Records
- Unique Items / Restaurant
Property Details for 311 Maple Ave
- Year built
- 1960
- Lot size
- 0.23 lot acres
- Property size
- 10,800 SF
- Property type
- Other commercial real estate
- APN
- 02-06- 10-0357.0000
- APU
- 2061003570000
Description
This exceptional investment opportunity in Martinsburg, WV, presents a rare blend of residential and commercial income streams. Located at 311 N Maple Avenue Unit 8, the property boasts a substantial 10,001 square feet of space, encompassing eight currently rented apartments on the upper floor, generating a consistent monthly income of $7,650. The lower floor offers 5,000 square feet of versatile warehouse/commercial space, ideal for a variety of uses, providing further income potential or the possibility of owner-occupancy. Adding to its appeal, the property includes two additional lots, providing ample parking for tenants and customers. The 0.23-acre lot ensures sufficient space for both the existing structures and future expansion or development. This property is a turnkey investment, offering immediate cash flow and significant long-term growth potential. The strong rental income, combined with the substantial commercial space, makes this an attractive proposition for savvy investors seeking a diversified portfolio. The convenient location in Martinsburg further enhances its desirability. This is a truly unique opportunity to acquire a high-performing multi-use property with significant upside. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Martinsburg
- County
- Berkeley
- State
- West Virginia
- Longitude
- -77.9646
- Latitude
- 39.461
- CBSA code
- 25180
- CBSA name
- HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
