About 1697 Middleway Pike
Income-Producing Mixed-Use Property in Fast-Growing Berkeley County, WV!
.36-acre residential/commercial lot featuring a renovated 1,309 SF duplex and two established commercial tenants. Duplex includes a 2BR/1.5BA and 1BR/1BA unit, renovated LIKE NEW in 2024/2025 to include paint, flooring, baths, kitchen, plumbing, electrical, insulation, floor joists and sub flooring. In addition, the main water line was replaced and a foundation company installed a water diversion system with a lifetime warranty. Both units are month-to-month, offering rent growth potential. Commercial frontage on Middleway Pike is leased to an established car dealer on a 2-year lease. Rear frontage on Cheshire Rd. is occupied by the current owner’s auto dealership with an 8-year lease requirement. Gravel parking pad accommodates 4 vehicles for duplex tenant parking, 10 spaces for front auto dealer, and 11 spaces for rear auto tenant. Property generates $3,800/month in gross income across four leases. Located in Berkeley County, WV, recognized as the fastest-growing county in the state, with close proximity (25 min) to Loudoun County, VA, the nation’s wealthiest county. The property benefits from strong population growth, increased demand, and a comparatively high concentration of above-average income households… further enhancing long term appreciation potential and tenant demand. Ideal opportunity for investors seeking stable income with future upside.
