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3,040 sqft

$339,000

1200 GRAZIER STREET, MARTINSBURG WV, 25404

Price per sqft$111.51
Built in1975
Property size3,040 sqft
Property typeCommercial

Overview

Active

Active-bright

Listed Oct 15, 2026

Updated 3h ago

This prime mixed-use investment property offers a rare combination of immediate rental income and future development potential. Upstairs, you’ll 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 you’re 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 buyer’s closing costs with a full-price offer at settlement COMES WITH AN EXTRA LOT.

Additional information

MLS® ID
WVBE2055306

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.43 Acres

Other Property Details

Taxes
$2,827
Tax Frequency
Annually
MLS provider logo

Listed by Weichert Realtors - Blue Ribbon
Listing Contact: 2402529940 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/16/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/16/2026 at 4:56 AM UTC

 

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