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104 E GERMAN ST Shepherdstown, WV 25443
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Key Details
Sold Price $535,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $124
Subdivision Corporation Of Shepherdstown
MLS Listing ID WVJF2000636
Sold Date 02/01/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1850
Annual Tax Amount $6,782
Tax Year 2021
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Circa 1850 Commercial Storefront building in the heart of down town Historic Shepherdstown. Location, Location, Location......Says it all right there. Amazing income potential in commercial/residential zoning. Property faces McMurran Hall of Shepherd University and "The Wall"...Shepherdstown social gathering spot with full view of German Street. So much potential for long term rental market. Restaurant store front with access to rear patio overlooking the town run as it flows under neighboring building, under German Street and across town on its journey to the Potomac River. This is an amazing site to behold...a rare one considering how many properties the run flows through. Yes, flood insurance may be required should you finance this property. 1 Storefront, 3 apartments and 1 cottage=5 total units. Storage provided for store front. No parking on this property. On street parking permits provided though the police department. Ingress and Egress only to rear gate. Cottage address is 105 East Back Alley. Cottage has bottled propane for cooking. All units have new mini-splits for HVAC for efficiency. Gross Rents of $6,250/month. All units are leased. One apartment lease expires in August..in the event you want it soon...hurry. Owner pays W/S/G/Electric. Rent rolls, leases, and book keeping can be provided to qualified purchasers signing a non-disclosure agreement. 48 hours notice required for showings.
Location
State WV
County Jefferson
Zoning COM/RES
Interior
Hot Water Electric
Heating Wall Unit
Cooling Ductless/Mini-Split, Window Unit(s)
Flooring Hardwood, Laminated, Vinyl
Heat Source Electric
Exterior
Utilities Available Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Water Access N
View Creek/Stream, Street
Roof Type Metal,Shingle
Accessibility None
Garage N
Building
Lot Description Flood Plain, Landscaping, Rear Yard, Stream/Creek
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Jefferson County Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Robert A. Bir • Exit Success Realty