Partial or 100% owner financing dependent on some conditions and up to $250k for potential remodeling of 2nd floor and 1st floor apt. Building is now priced at $100 / SQFT. The site is improved with 33,816 square feet 4 story brick building. Currently being used as mixed use: As the Parole and Probation Division of Washington County. 16 Residential 1-bedroom units fully rented. 2nd floor commercial, currently vacant which was the original location of the Probation Division. 2nd floor has potential for an additional 8 residential apartments or keep it commercial. Also, has an option to add an additional 2 bed apartment on the first floor. Take a look at the pictures to assess readiness. If you want Cashflow, this is your ideal property. This property is offering a prime location which is strategically located in the Heart of Hagerstown with high traffic area and its close proximity to major highways and transportation hubs, including I-81, I-70 and Hagerstown Regional Airport. The surrounding area offers a dynamic and vibrant community with a great mix of business, restaurants and shops within walking distance. The property's prime location gives you access to one of the fastest growing areas in the Tri-state region (The I-81 corridor), and major investments. (Medical college 2024, Hitachi's new 350 million investment, a new baseball stadium, Amazon Hub and many more other investments. The 2nd floor could be remodeled back to residential or keep it commercial. The options are endless, and best of all, plenty of parking. Additional multiple parking lots available with the sale. Set up your showing today!!
Property Details
MLS #
MDWA2020802
Property Type
Commercial Sale
Listing Status
ACTIVE
Listing Price
$3,386,000
Year Built
1932
Lot Acreage
NA
Subdivision
DOWNTOWN HAGERSTOWN
City
HAGERSTOWN
County
WASHINGTON
Water Source
Public
Sewer
Public Sewer
Zoning
CCMU
Exterior Details
Home Type
Parking
Parking Lot
Interior Details
Interior Space
sq ft
Heating
Electric - Forced Air
Cooling
Electric - Central A/C,Heat Pump(s)
Hot Water
Electric
Flooring
Carpet
Ceramic Tile
Luxury Vinyl
Ceramic Tile
Luxury Vinyl
Accessibility Features
2+ Access Exits,48"+ Halls,32"+ wide Doors,Elevator,Entry Slope <1'
Financial Details
County Tax
$21,450.00
Special Tax Assessment
$0
Tax Year
2023
Total Assessment
$915,600
Total Taxes
$21,450
School Information for Washington County Public Schools
| Elementary | Middle School | High School |
| EASTERN | NORTHERN |
Listing Courtesy of
Listing Office
Iron Valley Real Estate of Central PA
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