107 S PRINCESS ST Active Save Request In-Person Tour Request Virtual Tour
Shepherdstown,WV 25443
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
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 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.
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
Exterior
Utilities Available Above Ground,Cable TV,Phone
Waterfront N
Water Access N
Roof Type Metal
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
Acceptable Financing Assumption,Bank Portfolio,Cash,Conventional,Seller Financing
Listing Terms Assumption,Bank Portfolio,Cash,Conventional,Seller Financing
Special Listing Condition Standard