Corner Commercial Building with LOTS of Foot Traffic
Mixed Use Commercial Corner Location
Marketing description
Amazing Corner Opportunity on the fastest growing block in Martinsburg. Surround your business with 387 Newly Created and Renovated Apartments of the Interwoven Mill Project. This corner is directly across the street from the Interwoven project and parking areas. The upper main level is a large retail store currently leased for 1350 per month on a month to month lease. The 2 Bedroom Apartment in the rear is rented for 1250 and features all the modern upgrades one would expect including Mini Splits HVAC, stainless steel appliances, updated baths, and rear entry. Parking may be able to be negotiated with the church parking lot on the same block and with the auto parts store behind the building. There is on-street parking available to the side of the building. This building could be an easy conversion to all residential. Zoning is Mixed Use Commercial. The Zoning Information is attached in documents.
Investment highlights
Currently set up as one apartment and one retail. Leases are month to month with 2 BR residential at 1260 per month and Retail at 1350. There is room for lease rate improvements. This could be converted to all residential or restaurant or whatever use fits Mixed Use Commercial.
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