34 Charles St Hagerstown, MD 21740

Property Details for 34 Charles St

Year built

1950

Construction

BRICK

Lot size

0.71 lot acres

Property size

5,312 SF

Zone code

RO

Property type

Office buildings

APN

25-020766

APU

25020766

Description

This exceptional investment opportunity presents a 8,012 square foot flex property situated on a 0.7-acre lot in Hagerstown, Maryland. The property consists of three buildings, offering a versatile mix of office, lab, and storage space. Building 1, an L-shaped structure, features updated HVAC, a new roof (approx. 2016), hot water baseboard heat, a new reverse osmosis system and chiller for the lab, a sump pump with backup battery, a heated ramp with removable bollards, and 3-phase power. Building 2 provides additional lab and storage space, also boasting a new roof and HVAC (approx. 2018) and 3-phase power. Building 3 is a storage shed equipped with a roll-up door and electrical service. The entire property is fully fenced with a keypad-operated security gate. Built in 1950 and 1991, with renovations in 2016 and 2018, the property is well-maintained. Currently zoned RO (Residential Office) with a historic overlay, adjacent parcels are zoned IR (Industrial Restricted) and N-MU (Neighborhood Mixed Use). Certain lab uses are grandfathered until May 2025, per the City of Hagerstown. The property offers 19 parking spaces and is conveniently located 3.2 miles from I-81, providing easy access to I-70 and major transportation routes. Prospective buyers are advised to conduct their own due diligence. This property presents a rare opportunity in a market experiencing a shortage of flex space for small to mid-sized businesses. Asking price: $449,000.

Location Insight

City

Hagerstown

County

Washington

State

Maryland

Longitude

-77.7155

Latitude

39.65

CBSA code

25180

CBSA name

HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments