24 Jonathan St Hagerstown, MD 21740
- Office buildings
- 13,300 SF
- 0.16 lot acres
Current Use by Public Records
- Johnson James D / Attorney
Property Details for 24 Jonathan St
- Year built
- 1898
- Construction
- BRICK
- Lot size
- 0.16 lot acres
- Property size
- 13,300 SF
- Zone code
- CCMU
- Property type
- Office buildings
- APN
- 25-009290
- APU
- 25009290
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $360,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $410,000
- Retail
- $355,000
- Mixed-Use
- $405,000
- Hospitality
- $335,000
- Educational
- $385,000
- Residential Income
- $395,000
- Energy
- $335,000
- Income-Based Land
- $320,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.7221
- Latitude
- 39.6436
- CBSA code
- 25180
- CBSA name
- HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA