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    Kearneysville, WV Inwood, WV Hedgesville, WV
    Historic McFarland House Estate
    Updated: Sep 26, 2024
    Historic McFarland House Estate

    409 S QUEEN STREET, Martinsburg, WV 25401

    $1,299,990
    9,000 sqft · 0.39 AC lot
    Turnkey investment opportunity: established and profitable wedding/event venue and gourmet dining location.
    Historic landmark property (McFarland House, circa 1878) with significant local recognition.
    Extensive living space (over 9,000 sq ft) with 17 rooms, including 6 bedrooms, multiple parlors and bars, and a commercial‑grade kitchen.
    Unique architectural features and meticulously preserved historic details, such as crystal chandeliers, flagstone floors, handcrafted moldings, 10+ foot ceilings, and original plaster walls.
    Expansive outdoor oasis (approx. 7000 sq ft) featuring a covered pavilion, lush landscaping, and a lawn wedding arena.
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    This listing looks promising.

    Here's a quick look at some key insights for

    409 S QUEEN STREET, MARTINSBURG, WV 25401

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $88K
      Annual

    • Price @ 7% Cap

      $1.25M
      Suggested

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1878
    View Property Analytics
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsburg, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Shepherdstown Land For Sale
    Shepherdstown Land For Sale

    MARTINSBURG PIKE lot: 3, Shepherdstown, WV 25443

    $500,000
    0.79 AC lot

    0.79 acre lot suitable for drive-through restaurants and retail.

    View details
    Drive-Through Retail Development Land
    Drive-Through Retail Development Land

    MARTINSBURG PIKE lot: 2, Shepherdstown, WV 25443

    $500,000
    0.67 AC lot

    Platted development parcel with utilities available, supporting drive-through windows for retail and restaurant concepts.

    View details
    Prime Location Commercial Land Parcel
    Prime Location Commercial Land Parcel

    16415 NATIONAL Pike, Hagerstown, MD 21740

    $426,000
    0.84 AC lot

    Strategically located 0.84-acre commercial land parcel for sale.

    View details
    Former Restaurant Redevelopment Opportunity
    Former Restaurant Redevelopment Opportunity

    16715 National Pike, Hagerstown, MD 21740

    $725,000
    5,500 sqft

    Former restaurant available for redevelopment with high visibility.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Growing Martinsburg
    Commercial Land in Growing Martinsburg

    Tract B FORBES Drive, Martinsburg, WV 25404

    $325,000
    1.31 AC lot

    1.31 acre commercial land in a high-growth area.

    View details
    Commercial Land in Growing Martinsburg
    Commercial Land in Growing Martinsburg

    Tract A FORBES Drive, Martinsburg, WV 25404

    $350,000
    1.80 AC lot

    1.8 acre commercial land in high-growth Martinsburg, West Virginia.

    View details
    Commercial Land in Growing Area
    Commercial Land in Growing Area

    181 ROARING LION DRIVE, Hedgesville, WV 25427

    $474,900
    2.15 AC lot

    2.15 acres for commercial use in Hedgesville, WV.

    View details
    Route 11 Commercial Land
    Route 11 Commercial Land

    3700 MARTINSBURG PIKE, Clear Brook, VA 22624

    $1,546,000
    8.84 AC lot

    Level 8.84 acre lot near I-81 in Clear Brook, VA.

    View details

    Off-Market Properties in Martinsburg, WV

    Consider similar Off-Market properties in Martinsburg, WV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    340 Hack Wilson Way
    RESTAURANT

    340 Hack Wilson Way, Martinsburg, WV 25401-4309

    Value Estimation by Request
    6,344 sqft · 0.67 AC lot
    View details
    1017 Queen St
    BAR, TAVERN

    1017 Queen St, Martinsburg, WV 25401-9490

    Value Estimation by Request
    2,208 sqft · 0.28 AC lot
    View details
    2209 Charles Town Rd
    BAR, TAVERN

    2209 Charles Town Rd, Martinsburg, WV 25405

    Value Estimation by Request
    2,345 sqft · 1.33 AC lot
    View details
    107 Rock Clf Dr
    TAKE-OUT RESTAURANT

    107 Rock Clf Dr, Martinsburg, WV 25401-2833

    Value Estimation by Request
    0.47 AC lot
    View details
    1333 Edwin Miller Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1333 Edwin Miller Blvd, Martinsburg, WV 25404-3703

    $1,950,000
    Estimated value
    1.00 AC lot
    View details
    84 Aero St
    BAR, TAVERN

    84 Aero St, Martinsburg, WV 25401

    Value Estimation by Request
    27,541 sqft · 1.71 AC lot
    View details
    1016 Queen St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1016 Queen St, Martinsburg, WV 25404-3547

    Value Estimation by Request
    1,405 sqft · 0.86 AC lot
    View details
    715 Williamsport Pike
    RESTAURANT

    715 Williamsport Pike, Martinsburg, WV 25404-3381

    Value Estimation by Request
    3,172 sqft · 0.46 AC lot
    View details
    625 Foxcroft Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    625 Foxcroft Ave, Martinsburg, WV 25401-5301

    $1,530,000
    Estimated value
    2.11 AC lot
    View details
    127 King St
    BAR, TAVERN

    127 King St, Martinsburg, WV 25401-4205

    Value Estimation by Request
    6,579 sqft · 0.11 AC lot
    View details
    2580 Williamsport Pike
    BAR, TAVERN

    2580 Williamsport Pike, Martinsburg, WV 25404-6403

    Value Estimation by Request
    1,260 sqft · 2.00 AC lot
    View details
    128 Warm Spgs Ave
    RESTAURANT

    128 Warm Spgs Ave, Martinsburg, WV 25404

    $510,000
    Estimated value
    4,532 sqft · 0.55 AC lot
    View details
    11 Van Clevesville Rd
    BAR, TAVERN

    11 Van Clevesville Rd, Martinsburg, WV 25405-5533

    Value Estimation by Request
    4,320 sqft · 0.83 AC lot
    View details
    1003 Foxcroft Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1003 Foxcroft Ave, Martinsburg, WV 25401-1837

    $600,000
    Estimated value
    1,920 sqft · 0.39 AC lot
    View details
    5610 Hammonds Ml Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    5610 Hammonds Ml Rd, Martinsburg, WV 25404-6421

    Value Estimation by Request
    0.92 AC lot
    View details
    1359 Edwin Miller Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1359 Edwin Miller Blvd, Martinsburg, WV 25404-3786

    Value Estimation by Request
    0.69 AC lot
    View details
    18 Royal Crst Dr
    BAR, TAVERN

    18 Royal Crst Dr, Martinsburg, WV 25401-6258

    Value Estimation by Request
    7,200 sqft · 1.85 AC lot
    View details
    1807 Edwin Miller Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1807 Edwin Miller Blvd, Martinsburg, WV 25404-7572

    $560,000
    Estimated value
    1,920 sqft · 0.48 AC lot
    View details
    1294 Edwin Miller Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1294 Edwin Miller Blvd, Martinsburg, WV 25404-3702

    $1,275,000
    Estimated value
    1,068 sqft · 0.50 AC lot
    View details
    5460 Shepherdstown Rd, Unit 5476
    BAR, TAVERN

    5460 Shepherdstown Rd, Martinsburg, WV 25404-0107

    Unit 5476
    $615,000
    Estimated value
    2,551 sqft · 1.74 AC lot
    View details
    418 King St
    BAR, TAVERN

    418 King St, Martinsburg, WV 25401-3204

    Value Estimation by Request
    0.05 AC lot
    View details
    1911 Winchester Ave
    BAR, TAVERN

    1911 Winchester Ave, Martinsburg, WV 25405-4090

    Value Estimation by Request
    7,650 sqft · 0.85 AC lot
    View details
    1517 Winchester Ave
    BAR, TAVERN

    1517 Winchester Ave, Martinsburg, WV 25405-5024

    Value Estimation by Request
    2,400 sqft · 2.43 AC lot
    View details

    Martinsburg, WV Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Martinsburg, WV on our real estate platform. These investment opportunities span a total of 9,000 square feet of properties for sale, with an estimated market value of $1,299,990.

    Sale prices for restaurant properties in Martinsburg, WV start at $1,299,990, averaging $1,299,990, and reaching up to $1,299,990 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Bars & Pubs 1
    Drive through restaurants 1

    Demographics Overview

    Population 69K
    Population Growth (5Y) +11.7%
    Median Household Income $72,252
    College Educated 21.1%

    High-Yield Neighborhoods for Investment

    Identify Martinsburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    25401 $925K

    Taxes & Financing

    Tax Rate (average for all types) 2.67%
    Property Tax per SF $59.29 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Berkeley County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Berkeley County

    Residential Income

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