107 South Princess Street
Shepherdstown, WV 25443
$525,000
Last Sold Price
—
Beds
—
Baths
4,400 Sq. Ft.
$119 / Sq. Ft.
4,400
Sq. Ft.
$119
per Sq. Ft.
Closed 3/7/25
Closed 3/7/25
Description
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...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.
- Listed by Jonathan A Shively • Samson PropertiesP: (240)-405-5575 4staterealestate@gmail.com
Property Details for 107 South Princess Street
Tax ID Number
10 3003000010000
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleCarriage House, Colonial
WaterfrontNo
GarageNo
Central AirYes
BasementNo
LISTING UPDATED: 03/07/2025 03:50 PM
Property Details for 107 South Princess Street
| Status | Closed |
|---|---|
| MLS # | WVJF2014006 |
| Days on Market | 129 |
| Taxes | $1,409 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.06 AC / 2,557 SF |
| County | Jefferson County |
Building Information for 107 South Princess Street
Stories-Residences3Year Built1900Building Size-Lot Size0.06 AC / 2,557 SF
Property Information for 107 South Princess Street
Location
Location
- In City Limits: Yes
- School District Name: JEFFERSON COUNTY SCHOOLS
- School District County ID: 121141204981
- SchoolDistrictSource: Listing Agent
- Elementary School: SHEPHERDSTOWN (JEFFERSON WV)
- ElementarySchoolSource: Listing Agent
- Middle Or Junior School: SHEPHERDSTOWN (JEFFERSON WV)
- MiddleSchoolSource: Listing Agent
- High School: JEFFERSON (JEFFERSON WV)
- County: JEFFERSON
Waterfront / Water Access
Waterfront / Water Access
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2022
- Tax Assessed Value: $345,800
- Year Assessed: 2022
- County Tax: $603
- Improvement Assessed Value: $274,200
- City Town Tax: $0
- Land Assessed Value: $71,600
- Clean Green Assessed: No
- Land Use Code: 014
- Zoning: 319
- Zoning Dscrp: Mixed Use
- Tax Lot: 25
- School Tax: $805
- Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 0
- Units Leased Count: 1
- Number Of Units Month To Month: 1
- Rent Control: No
Financial Information
Financial Information
- Gross Income: $16,800
- Annual Rental Income: $16,800
- Existing Lease Type: Gross, Owner Occupied
Building Info
Building Info
- Building Units Total: 3
- Total Finished SQFT: 4,400.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 4,400.00
- Total SQFT Source: Estimated
- Construction Materials: Aluminum Siding
- Roof: Metal
- Flooring Type: Hardwood, Carpet, Luxury Vinyl Plank
- Foundation Details: Crawl Space
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Estimated
- Location Type: Urban
- Parcel ID: 21516104
- Ground Rent Exists: No
Parking
Parking
- Type Of Parking: On Street
Interior Features
Interior Features
- 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
- Fireplace: No
- Appliances: Built-In Microwave, Commercial Range, Dishwasher, Dryer, Exhaust Fan, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater
- Accessibility Features: 2+ Access Exits
- Security Features: Fire Detection System, Exterior Cameras, Security System
- Window Features: Double Pane, Replacement
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=sMWBVhEZdy4
Exterior Features
Exterior Features
- Exterior Features: Stone Retaining Walls
- Outdoor Living Structures: Patio(s)
- Pool: No Pool
Utilities
Utilities
- Utilities: Above Ground, Cable TV, Phone
- Heating: Yes
- Cooling Type: Central A/C, Heat Pump(s), Ceiling Fan(s), Zoned
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s), Zoned
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 200+ Amp Service
Confidential Data
Listing Office
- List Agent AOR: Pen-Mar REALTORS
- List Agent URL: www.4staterealestate.com
Property History for 107 South Princess Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 107 South Princess Street
This home is within Jefferson County Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Shepherdstown Elementary School PublicPK to 5 | ||
Shepherdstown Middle School Public6 to 8 | ||
Jefferson High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Samson Properties
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