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$599,900

Est. payment - /mo

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3,600 SqFt

Active

107 S PRINCESS ST Shepherdstown, WV 25443

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Jim Stevenson

jim@jimstevensonre.com +1(267) 718-5695

UPDATED:

12/05/2024 06:03 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $166

MLS Listing ID WVJF2013944

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,409

Tax Year 2022

Lot Size 2,557 Sqft

Acres 0.06

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.

Location

State WV

County Jefferson

Zoning 319

Interior

Hot Water Electric

Heating Heat Pump(s), Zoned

Cooling Central A/C, Heat Pump(s), Ceiling Fan(s), Zoned

Flooring Hardwood, Carpet, Luxury Vinyl Plank

Inclusions Restaurant conveys as is in current condition with all equipment, dining room furnishings, bar equipment, etc. Some furnishings convey in upper loft apartment

Heat Source Electric

Exterior

Utilities Available Above Ground, Cable TV, Phone

Water Access N

Roof Type Metal

Accessibility 2+ Access Exits

Garage N

Building

Foundation Crawl Space

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Shepherdstown

Middle Schools Shepherdstown

High Schools Jefferson

School District Jefferson County Schools

Others

Tax ID 10 3003000010000

Ownership Fee Simple

SqFt Source Estimated

Security Features Fire Detection System,Exterior Cameras,Security System

Acceptable Financing Assumption, Bank Portfolio, Cash, Conventional, Seller Financing

Listing Terms Assumption, Bank Portfolio, Cash, Conventional, Seller Financing

Financing Assumption,Bank Portfolio,Cash,Conventional,Seller Financing

Special Listing Condition Standard

Listed by Jonathan A Shively • Samson Properties

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Jim Stevenson

Agent | License ID: RS342290

+1(267) 718-5695

107 S PRINCESS ST Shepherdstown, WV 25443

Jim Stevenson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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107 S PRINCESS ST