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325 Winchester Ave 3,500 SF Retail Building Martinsburg, WV 25401 $766,775 CAD ($219.08 CAD/SF)
Investment Highlights
- Corner Location
- 387 Apartments Right Behind You
- Stop Light Intersection
- Walkable to everything
Executive Summary
Amazing Corner Opportunity on the fastest growing block in Martinsburg. Surround your business with 387 Newly Created and Renovated Apartments of the Interwoven Mill Project. This corner is directly across the street from the Interwoven project and parking areas. The upper main level is a large retail store currently leased for 1350 per month on a month to month lease. The 2 Bedroom Apartment in the rear is rented for 1250 and features all the modern upgrades one would expect including Mini Splits HVAC, stainless steel appliances, updated baths, and rear entry. Parking may be able to be negotiated with the church parking lot on the same block and with the auto parts store behind the building. There is on-street parking available to the side of the building. This building could be an easy conversion to all residential. Zoning is Mixed Use Commercial. The Zoning Information is attached in documents.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$43,672
|
$12.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$43,672
|
$12.48
|
| Taxes |
$3,256
|
$0.93
|
| Operating Expenses |
$7,420
|
$2.12
|
| Total Expenses |
$10,675
|
$3.05
|
| Net Operating Income |
$32,997
|
$9.43
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $43,672 |
| Annual Per SF | $12.48 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $43,672 |
| Annual Per SF | $12.48 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,256 |
| Annual Per SF | $0.93 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $7,420 |
| Annual Per SF | $2.12 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $10,675 |
| Annual Per SF | $3.05 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $32,997 |
| Annual Per SF | $9.43 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1920
Price
$766,775 CAD
Price Per SF
$219.08 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.73
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
MUC - MIXED USE COMMERCIAL. Document Attached
Parking
5 Spaces (2.47 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 44
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325 Winchester Ave
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