243 Paynes Ford Road | 243 Paynes Ford Rd
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243 Paynes Ford Road 243 Paynes Ford Rd
5,000 SF Retail Building Martinsburg, WV 25405 $1,300,000 ($260/SF)
Investment Highlights
- Heavily trafficked area
- Large undeveloped lot
Executive Summary
Welcome to 243 Paynes Ford Road. Discover an expansive commercial property ideal for your business, situated on 5 acres with substantial development potential. As you arrive, a spacious driveway encircles the property, leading to a generous parking lot ready for your customers. This site features three sizable buildings, each versatile for various uses. At the front, a charming colonial-style brick home awaits, perfect for rental or owner occupancy, offering three spacious bedrooms and 1.5 bathrooms. Behind the house, you’ll find a fully renovated primary office building, showcasing modern upgrades including but not limited to, LVP flooring, fresh paint, and an additional bathroom. The renovations blend contemporary features with rustic charm, highlighted by exposed brick walls in each office. This building includes two large office spaces, a well-appointed common area, and ample storage on the second floor. Step outside the office to an expansive patio and garden area, showcasing the high-quality products of the current owner’s business. A short stroll leads to the retail space, a delightful brick building adorned with white accents. Inside, the entirety of the retail space utilizes a variety of pavers as a showcase flooring. Upgrades also include fresh paint, LED lighting, and a new HVAC system. It offers multiple display shelves, a designated checkout counter, and substantial product storage on both floors. The retail experience extends outdoors to the nursery section, equipped with a large, dual-covered tent, plant displays, and concrete dividers for landscaping products. An outdoor restroom is also permanently installed for the convenience of customers and employees. The back portion of the property encompasses over 2 acres of undeveloped land, limited only by your imagination. Currently utilized for storage, this space includes four large sea containers, which are included in the sale. Make sure not to miss out on this incredible business opportunity, schedule your showing today!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1930/2022
Price
$1,300,000
Price Per SF
$260
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.02
Land Acres
5.33 AC
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
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243 Paynes Ford Road | 243 Paynes Ford Rd
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