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107 S Princess St
For Sale $599,900
$599,900
- 3 Units
- Unknown Sq Ft
- 2,557 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $599,900 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 10 3003000010000 |
| MLS # | WVJF2013944 |
| Property ID | 320882039 |
| Lot Sqft | 2,557 |
| Zoning | 319 |
| Total Units | 3 |
| Days on Market | 81 |
| Original List Price | Unknown |
| Date Updated | December 05, 2024 |
| Date Created | September 23, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jonathan A Shively an agent of . Lic #WV0021924
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Data last updated: December 13, 2024.
Robert Crawford
REAL ESTATE AGENT