420 Queen,  Martinsburg WV, 25401

(Active)
$695,000
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MLS# WVBE174064
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Last Updated: 2/28/2020 8:23 PM
Description for 420 Queen Martinsburg, WV 25401
Rich in history 420 N. Queen St, better known as the Matthews Foundry awaits a new owner who is ready to restore this piece of history. Situated on the Tuscarora creek with picturesque water falls adjacent to the property, with almost 12,000 square feet of commercial space, with easy expansion of an additional third level of 4800 sq ft. This former mill offers plenty of development opportunities and is an ideal location for the next great building renovation in downtown Martinsburg. Also known as; The Oil Mill Tract, Tuscarora Iron Works and The Fitz Water Wheel Company just to name a few. As one of the oldest buildings and businesses in Martinsburg dating back to the 1770s this building is full of historic significance . Previous owners include Lord Fairfax, Adam Stephen, who served under George Washington and founder of what would become Berkeley County. The Foundry was purchased in 1919 by the Matthew brothers for which the current namesake originated. The Foundry was operational until the late 1990~s. The property boasts numerous upgrades to include; custom made front door that is reminiscent of time period of construction, updated electrical service to building, replaced glass throughout building. The property also comes with 3 free sewer taps from the city of Martinsburg Sewer Department.The sellers remain committed to the city of Martinsburg and the revitalization of the downtown area but due to a rapidly expanding and successful business they must part with this local, historic landmark. While they are unable to provide the time necessary to complete the restoration the sellers remain dedicated to seeing this property restored and are willing to help the new owner in anyway they are able.
Price
$695,000
BERKELEY
WVBE174064
Active
Description
Rich in history 420 N. Queen St, better known as the Matthews Foundry awaits a new owner who is ready to restore this piece of history. Situated on the Tuscarora creek with picturesque water falls adjacent to the property, with almost 12,000 square feet of commercial space, with easy expansion of an additional third level of 4800 sq ft. This former mill offers plenty of development opportunities and is an ideal location for the next great building renovation in downtown Martinsburg. Also known as; The Oil Mill Tract, Tuscarora Iron Works and The Fitz Water Wheel Company just to name a few. As one of the oldest buildings and businesses in Martinsburg dating back to the 1770s this building is full of historic significance . Previous owners include Lord Fairfax, Adam Stephen, who served under George Washington and founder of what would become Berkeley County. The Foundry was purchased in 1919 by the Matthew brothers for which the current namesake originated. The Foundry was operational until the late 1990~s. The property boasts numerous upgrades to include; custom made front door that is reminiscent of time period of construction, updated electrical service to building, replaced glass throughout building. The property also comes with 3 free sewer taps from the city of Martinsburg Sewer Department.The sellers remain committed to the city of Martinsburg and the revitalization of the downtown area but due to a rapidly expanding and successful business they must part with this local, historic landmark. While they are unable to provide the time necessary to complete the restoration the sellers remain dedicated to seeing this property restored and are willing to help the new owner in anyway they are able.
Listing Information
Property Type: Other
2.1 Acres OT $57.92
1700
Public Water Service
Public Sewer
440v Service
Neighborhood
Room Information
Exterior / Lot Features
Stone
Metal
None
0
Water Front, Additional Lot(s), Creek Front
Driving Directions
Queen St. Martinsburg
Financial Considerations
$957
2019
Listing Price History

Martinsburg Real Estate

Martinsburg is located in West Virginia. Martinsburg, West Virginia 25401 has a population of 17,477.

The median household income in Martinsburg, West Virginia 25401 is $32,870. The median household income for the surrounding county is $50,722 compared to the national median of $50,013. The median age of people living in Martinsburg 25401 is 40 years.

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