839 Winchester Ave, Martinsburg, WV 25401-1709
This exceptional 7,000 square foot mixed-use property at 839 Winchester Avenue, Martinsburg, WV, presents a lucrative investment opportunity. Situated on a 0.29-acre lot, this prime location offers easy access to Route 9 and downtown Martinsburg. The building is in excellent condition and currently generates strong rental income. A significant portion of the retail space (1,700 sq ft) is leased to Goin' Postal until September 2027, providing immediate cash flow. Three separate apartments, each with its own access, occupy the upper level and are currently leased on a month-to-month basis. These apartments offer additional income streams with potential for rent increases. The remaining 1,800 square feet of vacant retail space provides significant upside potential. This space could be utilized by a new owner or leased to generate additional rental income. The property boasts ample parking, making it highly attractive to both tenants and customers. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location with significant growth potential. The strong existing tenancy and prime location make this an ideal investment for both seasoned investors and those seeking a stable, high-return asset. Don't miss this chance to secure a valuable piece of Martinsburg real estate.
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HAMR Bats (Bike/Boat/Book/etc) Store
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Goin' Postal Courier Service Postal Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.