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1015-1025 W Washington St
Hagerstown, MD 21740

Retail Property For Sale

Investment Highlights

  • Heavy traffic in morning/evening rush on old Route 40, just off the interstates.

Executive Summary

Mixed use property with Retail, Residential and Warehouse.(2 tax ID #s).near Amazon Fullfillment Center, Lowes Flatbed Distribution, Herbalife Distribution in Hagerstown MD.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
28,877 SF
Building Class
C
Year Built/Renovated
1900/1985
NOI
$157,856 CAD
Percent Leased
49%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.21
Lot Size
0.55 AC
Zoning
C2 - Commercial General.
Parking
30 Spaces (2.1 Spaces per 1,000 SF Leased)
Frontage
58 ft on Washington St

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

About 1015-1025 W Washington St , Hagerstown, MD 21740

Residential units over retail stores with 2 bonuses - one 10,000 warehouse plus one house divided into 3 units. 5 buildings for $1,600,000.00!! Features one 6000 square foot storefront with 2000 sq ft mezzanine area plus 1000 cellar for storage (not counted in square footage). A second 4800 sq ft retail area with window display area, offices, showroom and workshop/storage area. A third 1100 sq ft office/retail space 10,000 sq foot warehouse (2 floors - ) with loading dock 9 spacious rental units for residential or office usage, progressively updated since major overhaul in 1980s All units rented - scheduled RentRoll over $15,000.00 +/- Bus stop in front of building. US Rt. 40, 2 interstate highways (I-81/I-70) just minutes away

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-004333
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$868,542 CAD
  • Listing ID: 15550855

  • Date on Market: 2019-03-26

  • Last Updated:

  • Address: 1015-1025 W Washington St, Hagerstown, MD 21740

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