311-315 S Raleigh Street Martinsburg, WV $ 354,900
311-315 S Raleigh Street
$ 354,900
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311-315 S Raleigh Street

Martinsburg, WV, 25401
$ 354,900
Bedrooms-- Baths-- Sq 2,913

Monthly Estimate*

$ 2,241

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Commercial Property for sale in Martinsburg, WV

for $354,900. This 2,913 square foot building was built in 1925 on a lot size of 0.22.

Turn-key investment property available with high-traffic, downtown location. Income producing, currently set up with 3 residential apartments, and one commercial tenant, plus storage leasing. The property includes separate lots along with the large two-story building with central heating and air, a detached cottage, a separate garage with 7 storage units, plus a large private parking lot. With all three tax records combined, the 0.217-acre lot benefits from its prime location with a level terrain and significant road frontage. The main building has a one bedroom apartment and one commercial space on the main level and a second residential apartment on the second level. The storage units at the rear of the property are being marketed as-is.

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Commercial Active

Price

$ 354,900

Property Type

Commercial

Taxes

$ 3,852

Style

Flex

Lot Size

0.22

Year Built

1925

Town/City

Martinsburg

County/Region

Berkeley

MLS | Web ID

WVBE2054342

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
Number of Elevators 0
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General
Sewer Public Sewer
Heating Central Other Zoned
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD Immediate Negotiable Settlement
Roof Metal
Zoning 105
Construction Materials Block
Year Built 1925
View Street
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality City Of Martinsburg
Gross Income 42180.00
Business Type Flex
Accessibility None
County BERKELEY
Insurance Expense 2404.00
New Construction N
Property Type Commercial Sale
Subdivision Name MARTINSBURG CITY
Possible Use Apartments Apartment Building Commercial Financial Investment Mixed Use Mini-Storage Multi-Family Office Parking Professional Service Residential
Water Access Y/N N
Status ACTIVE
Directions From WV-45 W. Continue onto W Moler Ave. Turn left onto N Raleigh St. Destination will be on the right
City MARTINSBURG
Disclosures Underground Storage Tank Prop Disclosure
Lot Size Units Square Feet
Lot Size Square Feet 9583.00
Tax Annual Amount 3852.34
Electric Expense 955.45
Property Condition Average
Price Per Sq Ft Total AG 121.83
Acceptable Financing Cash Conventional Bank Portfolio FHA Other
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Total Actual Rent 42180.00
Association Recreation Fee N
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Exterior
Lot Features Additional Lot(s) Level Road Frontage
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2913.00
Lot Dimensions 31x92; 36.5x64;
Lot Size Acres 0.22
Road Surface Type Black Top Paved
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 108800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 311
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* Excluded Features
List By
Coldwell Banker Premier

Broker

millerteam@premiermove.com

Email

Affordability Calculator

$2,562
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,241
Monthly Property Taxes
$321
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
9/12/2026$354,900 Listed Price

Map


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311-315 S Raleigh Street, Martinsburg, WV, 25401 is a Commercial Property for sale at $354,900 with 2,913 sqft and a lot size of 0.22. 311-315 S Raleigh Street was built in 1925. The property's zip code is 25401 which is in Martinsburg, WV