Property profile

1019 Washington St Hagerstown, MD 21740

OFF-MARKET
Specialty properties
35,000 SF Built 1900
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Property summary

AI-generated overview

This multi-use commercial property in Hagerstown, Maryland, offers a unique opportunity for businesses seeking versatile space. Located at 1019 W Washington St, 21740, this property comprises five single-story buildings totaling 35,000 square feet, with 6,000 square feet currently vacant. Built in 1900 and renovated in 1989, the property is classified as Class C and features a mix of office, retail, and special-purpose spaces, suitable for medical offices or schools. The single-tenant occupancy provides flexibility for larger businesses. The property includes 30 parking spaces and is zoned for mixed-use commercial development. Its convenient location near Washington Avenue offers easy access to major transportation routes, including Route 40, I-81, and I-70, making it strategically positioned to serve Maryland, West Virginia, Pennsylvania, and even Washington, D.C. The property boasts amenities such as a parking lot, display window, meeting room, office space, showroom, reception area, and allows for signage. The available space presents a cost-effective solution for businesses seeking substantial square footage. The landlord is motivated to secure a tenant.

Property profile

Verified
Property type Specialty properties
Year built 1900
Total area 35,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store Hardware & Home Improvement

Location

1019 Washington St Hagerstown, MD 21740
Hagerstown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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