An exceptional opportunity to own one of historic Shepherdstown’s most iconic mixed-use commercial properties in the heart of West Virginia’s oldest town! Prominently situated on a .173-acre commercially zoned corner parcel along East German Street, this landmark building, originally constructed in 1906, offers an impressive 9,000 + total square feet of versatile space, blending timeless architectural character with outstanding investment potential. Spanning approximately 9,000 square feet, the property presents a versatile layout well-suited for a variety of commercial, hospitality, retail, office, or mixed-use opportunities. The main level features expansive restaurant and pub space with large storefront windows, prominent street frontage, inviting dining areas, bar service, and a commercial infrastructure established presence along one of the town’s most traveled corridors create exceptional exposure for any business venture. An upper-level leased commercial business unit offers the added benefit of supplemental rental income, also creating an attractive investment opportunity. Steeped in history and prominently positioned within Shepherdstown’s vibrant downtown business district, the property also enjoys exceptional visibility and year-round pedestrian traffic from residents, visitors, tourists, and the Shepherd University community. Surrounded by locally owned boutiques, acclaimed restaurants, galleries, entertainment venues, historical landmarks, and just moments from the Potomac River, this location places your investment at the center of one of the region’s most charming and thriving destinations. Whether preserving its legacy as a celebrated dining and gathering place, transforming it into a boutique hospitality destination, or capitalizing on its mixed-use potential, the possibilities are remarkable. Properties of this size, prominence, and historic significance rarely become available in downtown Shepherdstown!
3.85 acres. General Commercial. The Gateway to Shepherdstown! Position your next investment just minutes from downtown Shepherdstown and Shepherd University. This location benefits from a steady flow of local residents, university traffic, commuters, and tourists drawn to the area's historic charm, shopping, dining, and cultural attractions. Rarely does a parcel of this size, visibility, and strategic location become available in the Shepherdstown market.
Rare commercial opportunity in Shepherdstown offering exceptional visibility, flexibility, and investment potential. Ideally situated directly off Route 45 at a signalized intersection and just minutes from Historic Shepherdstown, this prime corner property benefits from dual access from Martinsburg Pike and Old Martinsburg Road, ensuring convenient ingress and egress. The property features more than 15,000 square feet of commercial space, including a large open-concept area, office space, and two sets of bathrooms. The layout offers potential for multiple tenants with both lower and upper-level spaces, creating an excellent opportunity for owner occupancy or income-producing investment. A substantial parking area accommodates 100+ vehicles, providing ample parking for employees, clients, and visitors. This high-visibility location with strong traffic counts makes it ideal for medical, professional, educational, institutional, or office use. Tenants are responsible for any improvements necessary to customize the space to their business needs. The owner is open to a five-year lease agreement, providing long-term stability for prospective occupants. Located near vibrant downtown Shepherdstown, home to Shepherd University, the area offers an array of restaurants, boutiques, and cultural attractions. Convenient commuter access includes the Shepherdstown MARC train station and proximity to major transportation routes. The property is approximately 50 miles from the Washington, DC Beltway and offers convenient access to Eastern WV Regional Airport, Washington County Regional Airport, Dulles International Airport, Ronald Reagan Washington National Airport, and Baltimore/Washington International Airport.
Major price improvement! This property is listed as a commercial listing under MLS# WVJF2020060 and multi-family property under MLS# WVJF2023040. Prime investment opportunity in the heart of historic Shepherdstown! This mixed-use property offers over 4,000 square feet of space and features five fully-leased rental units, generating steady monthly and annual income. With a strong rental history and a diverse tenant mix, this property provides a solid, turn-key investment opportunity. Ideally located just steps from popular shops, restaurants, and the campus of Shepherd University, the property benefits from consistent foot traffic and a dynamic community atmosphere. The combination of residential and commercial spaces within the building ensures a balanced and reliable income stream. Tenants enjoy proximity to everything downtown has to offer, while investors benefit from a stable return and long-term growth potential. This is a rare chance to own a high-performing income-producing asset right in the heart of Shepherdstown’s downtown district. Whether you’re looking to expand your real estate portfolio or invest in a highly desirable location with proven returns, this property checks every box. Schedule your private tour today and experience the value and potential this unique opportunity has to offer!
Shepherdstown is located in West Virginia. Shepherdstown, West Virginia has a population of 1,529. Shepherdstown is more family-centric than the surrounding county with 45.87% of the households containing married families with children. The county average for households married with children is 33.51%.
The median household income in Shepherdstown, West Virginia is $53,125. The median household income for the surrounding county is $86,711 compared to the national median of $69,021. The median age of people living in Shepherdstown is 21.8 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 20.9 degrees. The average rainfall is approximately 40.7 inches per year, with 20 inches of snow per year.
