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107 S Princess Street #101, Shepherdstown, WV 25443
$650,000
107 S Princess Street #101, Shepherdstown, WV 25443View this property at 107 S Princess Street #101, Shepherdstown, WV 25443
107 S Princess Street #101ShepherdstownWV25443
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Property 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 owner may be able to offer a small amount of Seller Held Financing for the right buyer with a successful history in the industry. 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.
Full Property Details
Full Property Details for 107 S Princess St #101
General
- Sold For: $650,000
- Taxes: $1,409 (2022)
- Status: Closed
- Type: Business
- MLS ID: WVJF2008246
- Added to Site: 314 day(s) ago
Business
- Business Type: Apartment Building, Restaurant/Bar
Interior
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate Plank
Rooms
Bathrooms
- Restrooms: 4
Parking
- Parking Type: On Street
Location
- County: Jefferson
- Cross Streets: German
- Driving Directions: Coming into town from route 230, turn right on Princess. The Devonshire Arms is located on the right immediately as you enter town.
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Multi-tank, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground, Cable TV, Electric Available, Phone
Structural Information
- Construction: Aluminum Siding
- Roof: Metal
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,557
- Lot Size Source: Assessor
- Zoning: 319
Financial Considerations
- Price Per Sq. Ft.: $154.52
- Assessment Year: 2022
- School Tax: $805
- City/TownTax Freq: Annually
- County Tax: $603
- County Tax Freq: Annually
- Tax w/Assessment: $345,800
- Tax Amount: $1,409
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: Restaurant conveys as is in current condition with all equipment, dining room furnishings, bar equipment, etc. Some furnishings convey in upper loft apartment. Please see conveyance list attached.
- Lot Number: 25
Listed by Samson Properties, Jonathan A Shively
Sold by Burch Real Estate Group, LLC, Kristal Marie Fritz
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Schools
Schools serving 107 S Princess St #101
School District:Jefferson County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
662 S Church St, Shepherdstown, WV 25443 | PK-5 | 0.3 mi | |
54 Minden St, Shepherdstown, WV 25443 | 6-8 | 0.4 mi | |
4141 Flowing Springs Rd, Shendoah Jct, WV 25442 | 9-12 | 5.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 S Princess St #101
Date
Details
Price
Change
Source
1/17/2024
Sold
$650,000
-4.4%
MLS
9/05/2023
Price Reduced
$679,900
-9.33%
MLS
6/20/2023
Listed
$749,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
107 S Princess Street #101, Shepherdstown, WV 25443 (MLS# WVJF2008246) is a Business property that was sold at $650,000 on January 17, 2024. Want to learn more about 107 S Princess Street #101? Do you have questions about finding other Business real estate for sale in Shepherdstown? You can browse all Shepherdstown real estate or contact a Coldwell Banker agent to request more information.