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Listed by Anselm Tamasang • Weichert Realtors - Blue Ribbon
$339,000
Est. payment /mo
0.43 Acres Lot
New
1200 GRAZIER ST Martinsburg, WV 25404
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID WVBE2055306
Year Built 1975
Annual Tax Amount $2,827
Tax Year 2025
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This prime mixed-use investment property offers a rare combination of immediate rental income and future development potential. Upstairs, you'll find a completely renovated 1,080 sq. ft. apartment featuring 2 bedrooms, 1 bath, a spacious kitchen with granite countertops, LVP flooring, protective wall paneling, new appliances including washer and dryer, and recent upgrades such as new plumbing, electrical, HVAC, water heater, and architectural roof all completed in August 2024. The unit was most recently rented for $1,300/month. Below, the 1,900 sq. ft. garage provides excellent storage or commercial use with a new metal roof, garage doors, and electrical panel, baseboard heating, and is currently rented for $1,200/month. A Phase I Environmental Study has been completed, ensuring buildability, and the property includes two additional deeded lots (6,300 sq. ft. each) that can be separated for townhomes, multifamily units, or storage facilities, with two public water hookups already available. Whether you're looking for a turnkey rental property with strong cash flow or a development opportunity with multiple revenue streams, this property delivers unmatched versatility and potential. Seller will contribute up to $10,000 toward repairs or buyer's closing costs with a full-price offer at settlement COMES WITH AN EXTRA LOT.
Location
State WV
County Berkeley
Zoning 319
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Luxury Vinyl Plank, Concrete
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Metal,Architectural Shingle
Accessibility >84\" Garage Door
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Berkeley County Schools
Others
Tax ID 06 2007900000000
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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