$650,000
$679,900
4.4%For more information regarding the value of a property, please contact us for a free consultation.
107 S PRINCESS ST #101 Shepherdstown, WV 25443
4,400 SqFt
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $147
MLS Listing ID WVJF2008246
Year Built 1900
Annual Tax Amount $1,409
Tax Year 2022
Lot Size 2,557 Sqft
Property Description
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 owner may be able to offer a small amount of Seller Held Financing for the right buyer with a successful history in the industry. 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.
Location
State WV
County Jefferson
Zoning 319
Interior
Hot Water Multi-tank, Electric
Heating Heat Pump(s)
Cooling Central A/C, Heat Pump(s)
Flooring Carpet, Ceramic Tile, Hardwood, Laminate Plank
Exterior
Utilities Available Above Ground, Cable TV, Electric Available, Phone
Water Access N
Roof Type Metal
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Jefferson County Schools
Others
Acceptable Financing Assumption, Bank Portfolio, Cash, Conventional, Seller Financing
Listing Terms Assumption, Bank Portfolio, Cash, Conventional, Seller Financing
Special Listing Condition Standard
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Bought with Kristal Marie Fritz • Burch Real Estate Group, LLC