Property profile

330 Mill St Hagerstown, MD 21740

FOR SALE
Office Spaces
Property ID
US40-2399866
1,440 SF 0.03 ac lot
Entity Owned 18-yr Hold Free & Clear
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For Sale
Contact for pricing 1,440 SF
330 Mill St, Hagerstown, MD 21740
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-maintained, two-unit office building situated at 330 Mill Street in Hagerstown, Maryland. The property boasts a combined total of over 2,800 square feet of space, offering significant potential for various uses. The building's prime corner location provides excellent visibility and accessibility. Each unit is separately addressable (330 and 332 Mill Street) and can be sold individually or together, providing flexibility for potential buyers. The property features ample private parking, a significant advantage in a busy commercial area. The interior comprises numerous rooms and bathrooms, catering to a variety of business needs. The building is in excellent condition, reflecting meticulous upkeep and maintenance. This property represents a rare chance to acquire a well-established commercial space in a desirable Hagerstown location, offering both immediate income potential and long-term growth prospects. The asking price is $575,000. Contact us today to learn more about this unique opportunity and schedule a viewing. Further details regarding individual unit sizes and specifications are available upon request.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Total area 1,440 SF
Lot 0.03 ac (1,440 SF)
Zoning code CG
APN 17-032305
UPID US40-2399866

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
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

330 Mill St Hagerstown, MD 21740
Hagerstown metro Census 700 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2007
1 recorded transaction
2007
$430,000

Zoning & alternative use

CG · Hagerstown, MD
Zoning description

The purpose of this zoning district is to provide locations for businesses of a general nature to serve the community.

General category COMMERCIAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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