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    24 Jonathan St Hagerstown, MD 21740

    Sponsored
    For Lease
    Contact for pricing

    Historic Office Building, Multiple Suites Available

    Lot size:
    13,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,300 square foot traditional office building, constructed in 1898, is ideally situated in Hagerstown, Maryland, at 24-28 Jonathan Street, zip code 21740. The property offers multiple tenancy options, with two spaces currently available, ranging from 1,000 to 12,300 square feet, providing flexibility for various business needs. Its prime location directly across from the Washington County office building and a half block from the courthouse ensures high visibility and accessibility. Ample street parking is readily available, supplemented by nearby parking garages within a few blocks, offering convenient parking solutions for employees and clients. The building's strategic position also benefits from its proximity to the newly constructed Meritus Park baseball stadium, home to the Hagerstown Flying Boxcars, only two and a half blocks away, adding to its appeal and potential for attracting a diverse clientele. The pricing strategy is designed to be competitive and attractive to businesses seeking to establish or expand their presence in this growing area of Hagerstown. This historic building presents a unique opportunity to secure a prominent and well-located office space in a vibrant and developing community.

    Property Features for 24 Jonathan St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,300 SF

    Building Details

    Year Built
    1898

    Unit(s) available at that property

    Space
    24 Jonathan
    Size
    1,000 SF
    Space
    28 Jonathan
    Size
    12,300 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Johnson James D Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.7221917
    Latitude
    39.6435522

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Office Building, Multiple Suites Available
    Where is this office property / space located?
    The property is located at 24 Jonathan St Hagerstown, MD.
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    24 Jonathan St Hagerstown, MD 21740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24 Jonathan St Hagerstown, MD 21740
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