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107 S Princess Street

SHEPHERDSTOWN, WV 25443
  • $599,900
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: WVJF2013944
UPDATED: 33 min ago
$599,900
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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 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 $150K down and remainder to balloon at mutually agreeable timeframe.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T20:51:21.86.
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107 S Princess Street SHEPHERDSTOWN, WV 25443

  • Price: $599,900
  • Status: Active
  • On Site: 73 Days
  • Updated: 33 min ago
  • ID#: WVJF2013944
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1900
Built
County:
Jefferson
Elementary School:
Shepherdstown
Middle School:
Shepherdstown
High School:
Jefferson
School District:
Jefferson County Schools
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 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 $150K down and remainder to balloon at mutually agreeable timeframe.
Exterior Features

Construction Materials Aluminum Siding Garage YN No Location Type Urban Parking Types On Street Property Condition Very Good Roof Metal Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3600.00 Cooling Central A/CHeat Pump(s)Ceiling Fan(s)Zoned Flooring HardwoodCarpetLuxury Vinyl Plank Heating Heat Pump(s)Zoned Heating YN Yes Inclusions Restaurant conveys as is in current condition with all equipmentdining room furnishingsbar equipmentetc. Some furnishings convey in upper loft apartment Net Square Feet 3600.00 Security Features Fire Detection SystemExterior CamerasSecurity System

Property Features

Acceptable Financing AssumptionBank PortfolioCashConventionalSeller Financing Accessibility Features 2+ Access Exits Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Foundation Details Crawl Space Gross Income 16800.00 Heating Fuel Electric Hot Water Electric Lease Considered YN Yes Navigable Water YN N New Construction YN No Number Of Units Total 3 Operating Expense Includes Repair/MaintenanceSnow Removal Original MLSNumber 803380219916 Owner Pays Insurance Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 1409.00 Tax Lot 25 Utilities Above GroundCable TVPhone Vacation Rental YN No Water Source Public Zoning 319 Zoning Description Mixed Use

Listing courtesy of Samson Properties: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T20:51:21.86.
 
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