UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $143
MLS Listing ID WVJF2016998
Year Built 1900
Annual Tax Amount $8,421
Tax Year 2020
Lot Size 5,776 Sqft
Acres 0.13
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Positioned in the heart of Shepherdstown, West Virginia's oldest town and a vibrant university hub, this historic three-story building offers a rare blend of character, location, and income-generating potential—making it an exceptional opportunity for city-based investors seeking strategic real estate in a growing regional market.
Built by shipbuilders between 1790 and 1810, the structure has been thoughtfully preserved and adapted for mixed-use. The ground level boasts approximately 5,000 square feet of commercial space, currently home to the iconic Shepherdstown Sweet Shop Bakery. This space includes a retail storefront, commercial kitchen, cake finishing room, office, employee break area, grain and storage facilities with three walk-in freezers, laundry room, and dedicated packaging and shipping areas—plus a charming private courtyard for outdoor service or events.
Above, two spacious 2-bedroom, 1-bath apartments offer steady long-term rental income and are ideally suited for conversion into high-demand short-term rentals. Their proximity to Shepherd University, combined with Shepherdstown's steady stream of tourists, visiting scholars, and D.C.-area weekenders, make them a compelling revenue stream for savvy investors.
Located just 75 miles from Washington, D.C., and minutes from Charles Town, Harpers Ferry, and the I-81 corridor, the property benefits from access to both Jefferson and neighboring Berkeley County—home to Martinsburg and some of the fastest-growing communities in the state.
With its architectural pedigree, established commercial tenant, and untapped hospitality potential, this one-of-a-kind property is a cornerstone investment opportunity in an appreciating university-town market.
Location
State WV
County Jefferson
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Flooring Hardwood, Vinyl, Carpet
Heat Source Electric
Exterior
Water Access N
View Street, City
Roof Type Metal
Street Surface Paved
Accessibility None
Garage N
Building
Lot Description Corner
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Jefferson County Schools
Others
Tax ID 10 3A003700010000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
REALTOR® | OWNER | License ID: SP98375761
+1(202) 427-9689 | john@colemanresidential.com
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