Included with Sale:
-Rental Units: The 2nd floor includes two 2BR/1BA apartment rentals with potential to produce income or house new owner and/or bakery manager.
-Building: The 200+ year-old building in the center of the oldest town in West Virginia boasts a 5000 sq ft main level and another 2000 sq ft on 2nd floor.
-The Business: The Sweet Shop, originally established in 1982 as a European style bakery featuring Old World style breads and pastries, is a cornerstone business in Shepherdstown. Turnkey business includes tangible and intangible assets listed further down in presentation.
Three-story building constructed by shipbuilders between 1790-1810, comprising a basement and attic for storage as well as two 2-bedroom apartments above the bakery (residential). The first floor (bakery) consists of approximately 5,000 square feet consisting of the bake shop and retail area, finishing room, office, employee break room, grain and storage rooms with three walk-in freezers, laundry room, and packaging/shipping area. There is also a private outdoor courtyard. During the Civil War, the building was a main surgery location for wounded Antietam Battlefield soldiers--the names of various patients are written in the attic.
The sale includes two second story residential rental units, each offering 2 bedrooms
and 1 bathroom. The robust rental market is driven by Shepherd University and the local economy, ensuring a steady stream of tenants. The short term rental market is also a potential use of one or both of the units; the historic town, visits from parents at the university and local tourism, along with the lack of hotels, create a demand for this type of rental.
Located in Jefferson County, WV, on cliffs above the Potomac River, Shepherdstown was founded in 1762, and is considered one of the premier tourist destinations in the region. The oldest town in the Mountain State, Shepherdstown sits just 15 minutes from either Charles Town or Harpers Ferry, WV, and less than 75 miles from Washington, D.C.
Additionally, Shepherdstown is within 10 miles of West Virginia's second-largest county (Berkeley) and sixth-largest city (Martinsburg), bordered by Interstate 81--one of the East Coast's most heavily traveled north-south corridors.