1200 Grazier Street
Martinsburg, WV, 25404 $ 339,000
Bedrooms-- Baths-- Sq 3,300 Monthly Estimate*
$ 2,341
for $339,000. This 3,300 square foot building was built in 1975 on a lot size of 0.43.
This prime mixed-use investment property offers a rare combination of immediate rental income and future development potential. Upstairs, youll find a completely renovated 1,080 sq. ft. apartment featuring 2 bedrooms, 1 bath, a spacious kitchen with granite countertops, LVP flooring, protective wall paneling, new appliances including washer and dryer, and recent upgrades such as new plumbing, electrical, HVAC, water heater, and architectural roof all completed in August 2024. The unit was most recently rented for $1,300/month. Below, the 1,900 sq. ft. garage provides excellent storage or commercial use with a new metal roof, garage doors, and electrical panel, baseboard heating, and is currently rented for $1,200/month. A Phase I Environmental Study has been completed, ensuring buildability, and the property includes two additional deeded lots (6,300 sq. ft. each) that can be separated for townhomes, multifamily units, or storage facilities, with two public water hookups already available. Whether youre looking for a turnkey rental property with strong cash flow or a development opportunity with multiple revenue streams, this property delivers unmatched versatility and potential. Seller will contribute up to $10,000 toward repairs or buyers closing costs with a full-price offer at settlement COMES WITH AN EXTRA LOT.
See more
FeaturesInteriorHeating Fuel Electric
Flooring Luxury Vinyl Plank Concrete
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
See more
GeneralSewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Metal Architectural Shingle
Zoning 319
Construction Materials Aluminum Siding Block Batts Insulation
Year Built 1975
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality City Of Martinsburg
Business Type Apartment Building
Accessibility >84 Garage Door
County BERKELEY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City MARTINSBURG
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 18730.00
Tax Annual Amount 2827.0
Price Per Sq Ft Total AG 111.51
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 10-11-12
Total Actual Rent 2500.00
See more
ExteriorWater Source Public
Type of Parking On Street Parking Lot Private Garage
Water View Y/N N
Building Area Total 3040.00
Lot Size Acres 0.43
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 27840.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByAnselm TamasangListing Agent
Martinsburg - Weichert, Realtors® - Blue RibbonBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,341
- Monthly Property Taxes
- $236
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Martinsburg, WV
Average List Price $825,547
Percent of Sale Price 144%
About Martinsburg, WV 17,477 Population
14% Since 2002
$ 39,264 Median Income
39.37 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/15/2026 | $339,000 | | Listed Price |