Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $530,000
    Office buildings

    24 Jonathan St, Hagerstown, MD 21740-4802

    13,300 SF 0.16 ac lot Built 1898
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US40-1261794
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1898
    Construction BRICK
    Total area 13,300 SF
    Lot 0.16 ac (6,926 SF)
    Zoning code CCMU
    APN 25-009290
    UPID US40-1261794
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Johnson James D Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $675k
    Blend (final) Blend
    $530k
    Owner & transaction history
    Masn Realty LLC · 4 yrs held
    Masn Realty LLC
    since 2022
    Last sale
    $400,000
    3 recorded transactions
    2022
    $400,000
    2015
    $258,700
    1969
    Zoning & alternative use
    CCMU · Hagerstown, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 24 Jonathan St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message