107 S Princess St - Office FOR SALE


Shepherdstown, WV 25443
$599,900 USD
240-405-5575
107 S Princess St, Shepherdstown, WV for Sale
$599,900 USD
Office - FOR SALE
1/28
null | Request Cap Rate

107 S Princess St
Shepherdstown, WV 25443


OVERVIEW

The Devonshire Arms, one of the classic pubs and restaurants in historic Shepherdstown WV has hit the market. The building features a 2 BR, 1 BA, 2 level "townhome" behind the restaurant, a 1 BR 1 BA Loft style apartment over the restaurant and a wonderfully busy Authentic British Pub. The building was an old carriage house converted to the pub and residences over the years. With the real estate, the business is being sold and is included in the list price of the property. Current Profit and Loss statements are attached in Documents for review. The current 2 BR "townhome" is rented to a long term tenant and the the current owner lives in the loft above. The pub could be made more into a restaurant environment with some construction to open up the smaller kitchen and taking the space from the main level of the townhome and a new owner could easily open up the loft upstairs for more seating for the restaurant using the stairs already in place. The opportunities are endless for the space and the location is prime just two blocks from Shepherd University and less than a block from historic German St, Shepherdstown's main street. The current owner may be able to offer Seller Held Financing for the right buyer with a successful history in the industry. For Owner Financing Seller must be in First Position with minimum of $100K down and remainder to balloon at mutually agreeable timeframe.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,183 SF

ZONING

-

APN/PARCEL ID

10-3-00300001.6001

ASK ABOUT THIS PROPERTY

Adam Shively4 State Real Estate Commercial DivisionMore Info
240-405-5575

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Adam Shively4 State Real Estate Commercial DivisionMore Info
240-405-5575

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.