After spending more than $600,000 to renovate the historic landmark, a Washington, D.C.-based investment group has decided it will put the Berkeley Castle on the auction block, a real estate agent confirmed Monday.
Associated Investors Group LLC renovated the entire building, including installing a new roof, new heating and cooling systems, an electrical upgrade and a new commercial kitchen, said Gordon Greene, the broker handling the sale for Associated Investors.
Increasing numbers of people from nearby metropolitan areas have been discovering the spas in Berkeley Springs and other tourist attractions, which Greene hopes will translate into a successful sale.
Greene said the castle would be an ideal building for a corporate retreat or offices.
Sale of the building includes the right to drill into the Bath Mineral Springs, the town's famed water source, as long as it does not interfere with local spas that use the water, said Greene.