107 S Princess Street
Shepherdstown, WV 25443
- – beds
- – baths
- 4,400 sqft
- 2,557 sqft lot
- $136 per sqft
- 1900 build
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 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. The current owner may be able to offer Seller Held Financing for the right buyer with a successful history in the industry. For Owner Financing Seller must be in First Position with minimum of $150K down and remainder to balloon at mutually agreeable timeframe.
Listing courtesy of BRIGHT / Samson Properties
Last checked:
Checking…
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Last updated Dec 5, 2024
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MLS# WVJF2014006 —
The Building
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Year Built:1900
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Year Built Source:Estimated
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Roof:Metal
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New Construction:No
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Construction Materials:Aluminum Siding
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Building Units Total:3
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Structure Type:Twin/Semi-Detached
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Architectural Style:Carriage House, Colonial
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Security Features:Fire Detection System, Exterior Cameras, Security System
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Window Features:Double Pane, Replacement
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Accessibility Features:2+ Access Exits
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Foundation Details:Crawl Space
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Interior Features:Additional Stairway, Breakfast Area, Ceiling Fan(s), Double/Dual Staircase, Exposed Beams, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Country, Walk-in Closet(s), Water Treat System, Window Treatments, Wine Storage, Wood Floors
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Flooring Type:Hardwood, Carpet, Luxury Vinyl Plank
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:4400
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Living Area SqFt:4,400 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Assumption, Bank Portfolio, Cash, Conventional, Seller Financing
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Possession:Negotiable
Location
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Directions:Coming into town from route 230, turn right on Princess. The Devonshire Arms is located on the right immediately as you enter town.
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Latitude:39.42975000
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Longitude:-77.80437000
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Location Type:Urban
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Estimated
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Lot SqFt:2,557 Sqft
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Inclusions:Restaurant conveys as is in current condition with all equipment, dining room furnishings, bar equipment, etc. Some furnishings convey in upper loft apartment
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Zoning:319
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Zoning Description:Mixed Use
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In City Limits:Yes
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Outdoor Living Structures:Patio(s)
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:014
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (240) 405-5575
- Office phone:
- (304) 930-5128
Taxes
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Tax ID Number:10 3003000010000
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Tax Year:2022
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Tax Lot:25
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Tax Annual Amount:$1,409
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Tax Assessed Value:$345,800
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Year Assessed:2022
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School Tax:805.0
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County Tax:603.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Central A/C, Heat Pump(s), Ceiling Fan(s), Zoned
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s), Zoned
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Heating Fuel:Electric
Utilities
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Utilities:Above Ground, Cable TV, Phone
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Commercial Range, Dishwasher, Dryer, Exhaust Fan, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Schools
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Elementary School:Shepherdstown
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Middle School:Shepherdstown
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High School:JEFFERSON
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School District Name:Jefferson County Schools
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School District Source:Listing Agent
The Community
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Exterior Features:Stone Retaining Walls
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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# of Units:1
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Vacation Rental:No
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One Bedroom Units:1
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/24/24
Sep 24, 2024
|
Listed / Active | BRIGHT | $599,900 | -7.7% |
1/17/24
Jan 17, 2024
|
BRIGHT | $650,000 | ||
10/21/23
Oct 21, 2023
|
BRIGHT |