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$562,000

  • Sold
  • Closed
  • Apartment
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FULLY LEASED! Great commercial/residential mixed use opportunity in the outskirts of Martinsburg. Current lease in place for 1700 sq ft on main level to Goin' Postal until September of 2027. 1750 sq ft space to Right is Leased through 2030 at 1500 per month. One apartment upstairs (839 1/2 Winchester) is leased at 1200 per month for 1 year through August 2026. Other two apartments leased upstairs with separate accesses are month to month. Rents have room to increase, but tenants are all long term and all tenants pay on or before first of the month. Building is in great shape. Overall Cap Rate is close to 9% with parking and easy access from Route 9 and downtown. Property is in prime Martinsburg location.

Full Property Details for 839 Winchester Ave

General

  • Sold For: $562,000
  • Taxes: $5,820 (2024)
  • Status: Closed
  • Type: Apartment
  • Source: BrightMLSMidAtlantic
  • MLS ID: WVBE2035068
  • Added to Site: 422 day(s) ago

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Carpet, Hardwood, Luxury Vinyl Plank

Parking

  • Total Spaces: 24
  • Parking Features: Paved Parking
  • Parking Type: Parking Lot, Off Site

Location

  • Municipality: Martinsburg
  • County: Berkeley
  • Development Name: None Available
  • Subdivision: None Available
  • Driving Directions: Route 9 to Winchester Ave to Property on the Left near the Dairy Queen.
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: Heat Pump(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Above Ground, Cable TV, Phone Available, Phone

Structural Information

  • Construction: Concrete, Block
  • Roof: Metal
  • Doors: Insulated, Six Panel
  • Stories/Levels: 0
  • Year Built: 1940
  • Year Built Source: Estimated
  • Property Condition: Very Good

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Size (Sq. Ft.): 12,632
  • Lot Size Source: Estimated
  • Lot Features: Corner
  • Zoning: MIXED USE
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $85.7
  • Assessment Year: 2024
  • Tax Amount: $5,820
  • Tax Year: 2024
  • Owner Pays: Common Area Maintenance, Repairs, Taxes - Real Estate, Trash Collection, Water, Sewer
  • Landlord Pays: Common Area Maintenance, Repairs, Taxes - Real Estate, Trash Collection, Water, Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Sale includes 3 Residential Units fully occupied on second floor, one approximately 1700 sq ft commercial retail space on main level leased to May 2027 to Goin' Postal, and a vacant space of approximately 1800 sq ft on main level. All units have separate addresses and meters
  • Investment: Yes
  • Lot Number: 3&4

Listed and Sold by Samson Properties, Jonathan A Shively

Listing agent

— 839 Winchester Ave —

  • Jonathan A Shively

    Samson Properties

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 839 Winchester Ave

School District:Berkeley County School District
NameGradesDistance
Winchester Avenue Elementary School
650 Winchester Avenue, Martinsburg, WV 25401
PK-30.4 mi
Orchard View Intermediate School
1455 Delmar Orchard Road, Martinsburg, WV 25403
4-51.3 mi
Martinsburg South Middle School
150 Bulldog Boulevard, Martinsburg, WV 25401
6-80.7 mi
Martinsburg High School
701 South Queen Street, Martinsburg, WV 25401
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 839 Winchester Ave

Date
Details
Price
Change
Source
10/15/2025
Sold
$562,000
-6.32%
MLS
11/22/2024
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Samson Properties, Jonathan A Shively

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839 Winchester Avenue, Martinsburg, WV 25401 (MLS# WVBE2035068) is a Apartment property that was sold at $562,000 on October 15, 2025. Want to learn more about 839 Winchester Avenue? Do you have questions about finding other Apartment real estate for sale in Martinsburg? You can browse all Martinsburg real estate or contact a Coldwell Banker agent to request more information.