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33 N Washington Street Berkeley Springs, WV $ 1,500,000
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$ 1,500,000 Get more info
33 N Washington Street
$ 1,500,000
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Share Save

33 N Washington Street

Berkeley Springs, WV, 25411
$ 1,500,000
Baths0.0 Sq 11,892

Monthly Estimate*

$ 9,969

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Studio

Commercial Property for sale in Berkeley Springs, WV

for $1,500,000. This 11,892 square foot building was built in 1925 on a lot size of 0.27.

MIXED USE INVESTMENT OPPORTUNITY in the heart of downtown Berkeley Springs. This building spans about a quarter of a city block and is situated across from the courthouse. A local landmark and downtown staple, this historic building was home to the former restaurant known as Tari's Cafe. This restaurant and bar is turn-key and ready for operation. Just bring your menu and hire your staff! ALL trade equipment is present and ALL conveys. There is a large storage area upstairs loaded with additional catering and trade equipment/supplies that ALL convey as well. NEXT, on the main level there is also a prime location commercial storefront to provide you with more revenue. But, there's more! THE UPPER LEVEL boasts multiple sections of residential living space for cash-flow! On one half of the building you'll find an expansive 2BR/1BA living quarters with a kitchen with walk-in pantry, formal dining room, living room, family room with access to the rooftop, laundry room, entryway foyer, and a sitting room. This could serve nicely as a residence for the owner or restaurant manager. Rounding out this side, additionally you'll find 4 "bed and breakfast" rooms (three 1BR/1BA and one 2BR/1BA). Being in the heart of downtown lends itself as the IDEAL location for vacation rentals! Moving over the other side of the building you'll find even more income potential! This space is still unfinished (but does have existing bathrooms, plumbing, and rooms) and can be built-out to suit whatever idea you can dream up. The upper level has inside access but also a separate (and more formal) outside entrance from the street front, lending itself to a multitude of uses. Perhaps you'd want this to be office flex space? ...or one large apartment?... or 2-3 smaller apartments?... or more bed and breakfast rooms? Berkeley Springs is surrounded by West Virginia's splendid outdoors and home to Americas first spa with the largest open display of thermal water in the Blue Ridge. Along with its renowned warm mineral springs it has an amazing art scene, an annual 2-day Apple Butter festival founded in 1973, and is a friendly haven to tourists, drawing hundreds of thousands of visitors each year. Don't let this amazing opportunity in this charming tourist location pass you by. Schedule your private tour today.

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Commercial Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Restaurant/Bar,Bed and Breakfast,Apartment Buildin

Lot Size

0.27

Year Built

1925

Town/City

Berkeley Springs

County/Region

Morgan

MLS | Web ID

WVMO2003840
Features
Interior
Heating Fuel Oil
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Radiator
Cooling Central A/C
Possession Settlement
Zoning 371
Construction Materials Block
Year Built 1925
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Berkeley Springs
Business Type Restaurant/Bar Bed and Breakfast Apartment Building Other/General Retail
Accessibility None
County MORGAN
New Construction N
Property Type Commercial Sale
Possible Use Restaurant Bar/Tavern/Lounge Apartments Bed & Breakfast Retail Flex Space
Water Access Y/N N
Status ACTIVE
Directions GPS is accurate.
City BERKELEY SPRINGS
Buyer Agent Compensation 2.5
Body of Water Warm Spring Run
Disclosures Historic Property Flood Zone
Total Units 0
Lot Size Square Feet 11892.00
Waterfront Y/N N
Street Name WASHINGTON
Tax Annual Amount 0.0
Price Per Sq Ft 126.14
Historic Y/N Y
Vacation Rental Y/N N
Days on Market 119
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Tax Lot 77-78
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Inclusions All contents within including all trade equipment for the restaurant and bar and any restaurant related items in storage.
Type of Parking On Street
Water View Y/N N
Building Area Total 11892.00
Lot Size Acres 0.27
Water Body Type Creek
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 52000.00
Navigable Water Y/N N
Water Oriented Y/N Y
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Internal Only
Street Number 1 33
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* Excluded Features
List By
Touchstone Realty, Llc

Broker

divabunting@gmail.com

Email

Affordability Calculator

$9,969
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/17/2024$1,500,000 -14.29% Price Down
12/13/2023$1,750,000 -12.06% Price Down
11/18/2023$1,990,000 Listed Price

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33 N Washington Street, Berkeley Springs, WV, 25411 is a Commercial Property for sale at $1,500,000 with 11,892 sqft and a lot size of 0.27. 33 N Washington Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 25411 which is in Berkeley Springs, WV

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